9 Celebrities Who Approve the Usage of Cryptocurrency

The initiation of the cryptocurrency market had begun its journey in the year of 2009. However, up until 2017, during the year of BTC bubble, it did not really captivate the attention of the general public. Instead, it was only restricted in the diameter of the entrepreneurs, engineers, and developers.

However, as mentioned before, the scenario of the same has changed recently. Now, almost anyone can acquire Bitcoin through mining or investing in it. And, the same goes for celebrities, especially western, as well. 

In 2009, there was only one celebrity who tried to uplift the recognition of BTC throughout the whole, Elon Musk. Nonetheless, after 2017, there are many other people who are trying to endorse the same through either social media or public relationship platform.

Here, in this write-up, we are going to learn more about our beloved celebrities who have already immersed themselves in the cryptocurrency universe. Moreover, we will also try to unearth their motivation behind the same. So, without any further ado, let’s get started with it! 

1. Jack Dorsey

Jack Dorsey, the adored CEO of Square and Twitter, has always been a die-hard admirer of Bitcoin. He began investing in the same during the sudden emergence of BTC (2017) and has been advocating for since then. He was quite unfazed during the fall of BTC in 2018 and publicly admired it as the future of the world currency. 

Additionally, in the month of March in 2019, he had also announced that he spends almost several thousands of USD to buy BTC.  As per reports, his organization, square, has bought around 4,700 Bitcoins in 2020. Aside from it, he can also collect BTC through mining and, thus, can verify transactions through the blockchain. 

• Maisie Williams 

Unlike Jack Dorsey, the young actress, Maisie Williams, is somewhat new in the universe of Bitcoin. She began trading in the market in the month of November in 2020. She had also asked her followers on her Twitter to proffer her with a set of advice to embark on in the world of BTC. 

Almost 50% of her well-wishers had asked to her consider against her purpose. But, according to her, she had already bought a small amount of BTC and, thus, cannot abandon the same now. The price of Bitcoin has quadrupled since then. So, it was, indeed, a smart move from her. 

• Mark Cuban 

The owner of Dallas Mavericks and a self-made billionaire, Mark Cuban, too, has been quite active in the world of cryptocurrency. According to his previous social media posts, he possibly had a love-hate relationship with the same due to the market’s extreme volatility. 

There was a time when he asked people to invest in BTC. However, after suffering a loss, he soon stated that he would rather purchase bananas than Bitcoin. But, since the earliest of 2020, he has begun trading again. As of April 2020, he has a BTC holding valued at USD 635. 

But, according to his public statement, he holds various other cryptos other than BTC. So, his overall cryptocurrency value would much more substantial than usual. 

• Steven Seagal 

The fame and reputation of cryptocurrency have penetrated through the world of martial arts as well. And, Steven Seagal is the prime example of the same. According to reports, he has always been a common face in the world of cryptocurrency. 

However, due to his negligence and incompetency, he has been more involved in the shadier side of cryptocurrency. It, sequentially, had earned him a penalty for touting unlawfully to a BTC competitor. He had to provide a fine of USD 314k as well. 

But, as of now, he has returned to the proper trading platform of BTC and abiding by the regulations attentively. 

• Richard Branson 

The founder and owner of Virgin group (a multi-million dollar conglomerate), Richard Branson has been an endorser of BTC as well. Besides actively promoting it, he had also joined a huge funding round of the bitcoin equaliser official site.

In the year of 2016, he had publicly recognized the importance of Bitcoin and talked about its potential benefits. Nonetheless, there is currently no information available on the amount of BTC he owns through his belongings. 

• Gwyneth Paltrow 

Gwyneth Paltrow is one of the only Hollywood actresses, who have been promoting cryptocurrency since the earliest day. 

To offer her unswerving support, she had also endorsed a cryptocurrency exchange and wallet (Abra) in 2018. She has also been quite vocal about her usage and approval of the BTC. 

• Donald Glover 

Also known as Childish Gambino, Donald Glover is somewhat interested in the world of cryptocurrency as well. While he has not shared anything about the amount of BTC he owns, he has publicly approved its usage and trading system. 

Back in the year of 2013, he had said that Bitcoin should go online as well, like everything else. Since then, he has offered his own viewpoint on the blockchain technology at various technological summits as well. 

• Ben Askren 

The former UFC fighter and an activist, Ben Askren, too, is quite vocal about supporting Bitcoin and the other forms of cryptocurrency. 

He has also endorsed Litecoin, as he apparently has a soft spot for the same. Nonetheless, he has not publicly announced anything about his owning at all. 

• Kanye West 

While working alongside a podcast of Joe Rogan, Kanye West offer his utmost support for the trading of Bitcoin. He also admired the Bicoiners as the true liberation of the USA.  

According to him, Bitcoin can potentially change the essence of the method of currency exchange in the impending future. Nonetheless, like many others, he, too, has kept his owning a secret.

Conclusion:

The revolution in the world of cryptocurrency, especially Bitcoin, has been quite emphatic since 2017. And, due to the recognition and endorsement offered by the celebrities, it has garnered even more fame in recent years. With the growth in the amount of support, we can expect the cryptocurrency market to grow even more in the upcoming years.