No, 50Cent didn't do anything "risky" by accepting bitcoin in 2014. Since he (or his company/management) converted the bitcoin payment right away into dollars.
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This was an old news from 2018. Where of course where Bitcoin pumped big time. A celebrity trying to get some attention, tale as old as time. This is what people are raving on btw: The other posts already covered all the bankruptcy stuff and the documents where he stated that he didn't really own any bitcoin and he actually lied
The thing here is I don't think it's in any way "risky" to accept payment in bitcoin back in 2014-2015. Most people who accept bitcoins back then probably just converted their BTCs straight to cash/fiat anyway. People are painting him like he's some crypto millionaire or a crypto saint. Well he's neither. He accept bitcoin as a form of payment and converted to fiat right away. [link][comments] |
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