50 Cent used to sell albums for Bitcoin and now he’s rich

Your ads will be inserted here by

Easy Plugin for AdSense.

Please go to the plugin admin page to
Paste your ad code OR
Suppress this ad slot.

Bitcoin millionaire Curtis Jackson aka 50 Cent.
Image: Dave Kotinsky/Getty Images

If you’re looking for 50 Cent you can probably find him in the club, celebrating his new Bitcoin fortune worth over $7 million.

Yeah. Apparently years ago while you were all snoozing on the future cryptocurrency fad, rapper 50 Cent “took a chance” on Bitcoin and started accepting the digital coin as payment for his music.

He essentially forgot all about it, until the recent Bitcoin boom reminded him, and has since realized the move seriously paid off.

The rapper’s unexpected riches were first reported by TMZ on Tuesday, who noted 50 Cent first started accepting Bitcoin as payment after releasing his 2014 album, “Animal Ambition.” 

Back then the currency was valued at around $662 per Bitcoin, so people could buy an album for a teeny tiny fraction of a bitcoin.

“Animal Ambition” reportedly earned around 700 Bitcoin in sales according to TMZ’s sources, which already uh translates to more than $400,000 in 2014 dollars.

A little bit coin anyone ? LOL. l know l make you sick but excuse me I’m getting to the bag 💰#denofthieves

Your ads will be inserted here by

Easy Plugin for AdSense.

Please go to the plugin admin page to
Paste your ad code OR
Suppress this ad slot.

A post shared by 50 Cent (@50cent) on

In 2018 Bitcoin’s been booming, and the current value of the rapper’s forgotten digital currency is around $7.7 million based on today’s Bitcoin price. Casual. 

50 Cent addressed the news on Instagram, sharing a screenshot from the TMZ article with the caption, “Not Bad for a kid from South Side, I’m so proud of me. LOL #denofthieves”

While Bitcoin’s had a good run the past few months, it’s been crashing recently so 50 might want to make some moves.

Perhaps these valuable life experiences will lead to a future Bitcoin rap album: “Get Rich on Bitcoin, or Die Tryin.”

Read more: http://mashable.com/2018/01/24/50-cent-bitcoin-millionaire/

Shkreli, America's most 'hated' man, loses $15M in bitcoin with Kanye album scam

Your ads will be inserted here by

Easy Plugin for AdSense.

Please go to the plugin admin page to
Paste your ad code OR
Suppress this ad slot.

bitcoin
bitcoin
Image by Sean MacEntee
bitcoin

Shkreli, America's most 'hated' man, loses M in bitcoin with Kanye album scam
Get out your tiny violins. Martin Shkreli, the man America loves to hate, appears to have lost $ 15 million in bitcoins after he tried to buy the rights to Kanye West's new album. The now-ex-CEO of Turing Pharmaceuticals, who hiked the price of HIV …
Read more on RT

Coinbase CEO Armstrong Sets 00 Wager That Bitcoin Fork Works out Fine
Brian Armstrong, CEO and co-founder of Coinbase, claims bitcoin is upgrading rather than splitting on account of Bitcoin Classic, and he's willing to bet anyone $ 5,000 that he's right. Armstrong, writing on Medium, said hard forks are one of the most …
Read more on CryptoCoinsNews

Open Website Found Selling Stolen Bank Details For Bitcoin
Bitcoin is often associated with illegal activity on the Internet, even though this does not make the digital currency more suited for criminal purposes compared to bank transfers or cash payments. Hackers target financial institutions and online …
Read more on newsBTC