Saturday, April 27, 2024

Digital Napalm

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50 Cent Accepted 700 Bitcoin For His Album in 2014

In 2014, 50 Cent accepted 700 Bitcoins as payment for his new album.  NPR published this article in 2018.  If he hasn’t sold his coins yet, that man is sitting on no less than $35 million dollars, and likely more by now.  It makes you think about just how many people must be living in dreamland right now regarding something they probably never imagined could skyrocket like this.

I also know people, unfortunately, who have had computers with full Bitcoins on hard drives stolen or broken.  It’s all too imaginable to think about how bad they feel right now, but honestly, everything is from G-d so it is what it is.  

It’s just amazing to think that the Bitcoin saga has really been 12 years in the making, and at this point, it doesn’t seem to be going away.

With that in mind, yeah.  A Bitcoin is worth over $50,000 at this point.  Is it worth it to get into Bitcoin now or is it too late?  Let us know in the comments. 

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