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Bitcoin

Celebrities That Support Cryptocurrency

There are many public figures and celebrities that have started endorsing cryptocurrencies and many of them are owners of Bitcoins and other such digital currencies.

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Support Cryptocurrency

Till very recently, cryptocurrencies had not appealed substantially to the ordinary people as it was predominantly the engineers, entrepreneurs, and developers who had been investing and trading in these. But, the 2017 Bitcoin bubble changed things as cryptocurrencies began to escalate in value. So, millions of people started to buy shares and install mining farms. The Bitcoin price value kept falling throughout 2017, but experts are hopeful that 2020 will prove to be a good year for the currency.

Some many public figures and celebrities have started endorsing cryptocurrencies, and many of them are owners of Bitcoins and other such digital currencies. Below is provided a list of some of these celebrities supporting the Bitcoin:

Celebrities That Support Cryptocurrency

  • Bill Gates is the founder of Microsoft, and in 2014, showed keen interest in the world of cryptocurrency, according to an interview with Bloomberg. While Gates may have had some reservations concerning the Bitcoin, he remains one of the most well-known celebrities in favor of it. A reason why he supports it is that, unlike other currencies, with Bitcoin, you do not physically have to be in the same location. For larger transactions, Bitcoin, he feels, is better than regular currencies that can be quite inconvenient. Automated bitcoin trading apps are getting good recognition among top-level investors in spite of widespread rumors like bitcoin era truffa or fraud in the cryptocurrency market.
  • Snoop Dogg has been selling many of his albums with Bitcoins since 2013; this goes to show he is in favor of the cryptocurrency. According to reports, this artist also showed up at the XRP Community Night party in honor of the XRP cryptocurrency.
  • Ashton Kutcher is a well-known Hollywood star investing in UnikoinGold together with Mark Cuban, a billionaire. The actor is known for having invested in Airbnb, BitPay, and Uber earlier.
  • Lionel Messi, the world-famous football star has become a brand ambassador for Sirin Labs, an Israeli company since 2017. This enterprise has come up with the world’s first crypto-smartphone which is being endorsed by Messi.
  • Elon Musk, erstwhile CEO of Tesla, may deny that he owns Bitcoins but confesses that he did get BTC from his friend as a gift.
  • Floyd Mayweather Jr. is the famous American boxer who has become an ambassador of the Stox cryptocurrency project that focuses on market analysis, and DJ Khaled has joined him in this.
  • Mel B, one of the Spice Girls, sold her Christmas single in 2014 in exchange for the Bitcoin. She entered into a partnership with a cloud mining company in London called Cloud Hashing and has become the world’s first performer to sell her music for BTC.
  • Jennifer Lopez, Madonna, Lady Gaga, and Kelly Joyce are all popular women vocalists who accept payments in BTC. The biggest reason is that these stars can get net profits without taxes, as these will not be charged in cryptocurrencies.
  • Hugh Laurie, the British actor, was not too keen about cryptocurrencies till four years back. But he started to invest in the Bitcoin in 2015 on the advice of a friend at a time when the prices were skyrocketing.
  • Mike Tyson had predicted that cryptocurrencies were here to stay and he not only invests in the Bitcoin, but also produced Bitcoin ATMs that had his face tattoo for branding.
  • Pitbull is a well-known singer who began investing in the Bitcoin in 2012. In 2018, he further announced that he would set up the Smackathon in collaboration with eMerge Americas. The Smackathon is a cryptocurrency for revolutionizing payments inside the music industry.
  • Gwyneth Paltrow is a popular British actress who has publicly shown her support for cryptocurrencies. Incidentally, she was the face of the Bitcoin wallet Abra and became an advisor from 2017. She regularly shares articles on Twitter about ways to invest and the basics of the Bitcoin.

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Bitcoin

Check Out the Remarkable Advantages Which an Individual Can Attain by Using Bitcoin!

The introduction of bitcoin in this world has been proven to be the best thing. This is all because the features that this outstanding digital currency possess are just out of the world.

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Bitcoin a good trading platform

The introduction of bitcoin in this world has been proven to be the best thing. This is all because the features that this outstanding digital currency possess are just out of the world. No one would have ever imagined that it would become possible for people to make instant transactions in a completely anonymous way.

There are various advantages of bitcoin, and if you are not familiar with them, you are missing a great piece of knowledge. By learning about the benefits of bitcoin, you will indeed become aware of this most popular digital currency value.

1. Private transactions!

You will be amazed to know that the bitcoin transaction is entirely anonymous. As you know, the payments made through the banks can be tracked easily, but bitcoin transactions are completely unidentified, and they cannot be tracked at any cost. The person is only allowed to know about the address of the bitcoin wallets from which the bitcoins have been transferred.

But the person’s identity cannot be identified, which is a truly great advantage of bitcoins. If you are a person who doesn’t want to show their wealth and the transactions which you are making, then you should surely shift to the use of bitcoins. The people who want to trade bitcoin anonymously can use eth code.

2. Freedom of making payment!

You need to know that bitcoin is the kind of cryptocurrency that provides a higher level of freedom to its users. You can make bitcoin transactions at any time and from any place whenever you want. You can send the bitcoin to any person from any part of the world. There are no intermediaries in between the bitcoin transaction, which helps you in giving complete freedom.

Bitcoin Cryptocurrency

There is no restriction to you once you start using bitcoins. There is no boundaries or borders of bitcoin transaction, so it is straightforward for you to make the international transactions. Moreover, there is no limit to making bitcoin transactions. This means that you can spend as much amount of bitcoin on a person without any foundation. The freedom Bitcoin offers crucial for attracting people to start investing in this digital currency.

3. Minimal fees!

Are you fed up with paying a higher amount of transaction fees while making a transaction from the bank? If yes, then you need to invest in bitcoin. This is because paying with bitcoin requires you to pay low fees or no fees at all. The whole transaction fees depend on the precedence of the person.

You need to know that if you want your transaction to get processed very fast, you will have to pay the transaction fee, which is very low if we compare it to the other kinds of transactions made from the fiat currency. It has solved the issue of so many people.

Earlier, people had to pay a considerable amount of transaction fees when they needed to make an international transaction or enormous amount transactions. But now, bitcoins allow you to make any transaction by paying very minimal transaction fees, and this is a kind of blessing for the people who have to make a transaction daily.

4. Fast transactions!

If we compare bitcoin transactions to the bank and financial institution, the transactions made from bitcoin are speedy. You wish to be glad to understand that the transaction made from the bitcoin is as fast as sending a mail, and it can be processed in less than 5 minutes.

If the transaction is a zero-confirmation transaction, then it can be processed even faster. The trade made from credit and debit cards is also processed fast, but you will have to pay a considerable fee, which is not required to yield while making a bitcoin transaction. The transaction cost of bitcoin is meager if we see the speed of the transactions.

5. The ending thoughts!

I expect that by now, you might have learned so many advantages of bitcoin. These advantages are enough for making the mind of the person invest in this top-rated digital currency.

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