Curtis "50 Cent" Jackson has made millions by deciding to accept Bitcoin for his album. Curtis "50 Cent" Jackson made a lot of money by. According to a report from TMZ, 50 became the first rapper to accept bitcoin as payment for his Animal Ambition album upon its release. The. Celebrity gossip website TMZ reported that 50 Cent, real name Curtis Jackson, raked in. CASH AGENT MYBETTINGSTORE

The Ruffer executive called out "hyperbole and misinformation" around bitcoin's energy consumption , which recently spurred Tesla CEO Elon Musk to halt his company's acceptance of the coin as payment for its cars. Baillie also underscored the "huge social benefits" of bitcoin in countries such as Venezuela, where runaway inflation is rapidly eroding the value of their currencies.

Ruffer's bitcoin windfall marks its second big win in the past 18 months. Those gains offset almost all of its losses in the period. Read more: A year-old crypto billionaire shares how investors can use Tesla or Apple stock as collateral to buy bitcoin or ether The fund was branded "50 Cent" after it bought VIX derivatives for 50 cents each in early The original "50 Cent," rapper Curtis Jackson, might be a little envious of Ruffer's bitcoin trade.

As International Business Times reports, he talked about accepting bitcoin as a way to "stay with times. His fifth album, it fell far short of the huge sales figures of his first album, Get Rich or Die Tryin'. But in a twist, one partial explanation for that slump — the digitizing of a medium that was once exclusively material — also helps explain why its proceeds are now worth millions, as bitcoin's value has risen to stratospheric heights.

Animal Ambition included songs such as the now-ironically-named "Chase the Paper. In an update on the album's bitcoin proceeds this week, Complex noted , "50 has proven his business acumen time and time again.

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Both have run out of demand. He always had this craze about him in the audience. While he was on top of the charts, he was in a financial crisis also. His poor decisions lcryead him there. To worsen the situation, he was stuck in a legal battle over unpaid child support. He filed for personal bankruptcy. His mistakes are a lesson for others. He was a hip-hop star with immense popularity, but he initiated his downfall himself.

Rumors about his investment in Bitcoins There is a history of unusual decisions with 50 Cent. One of them includes demanding payment in Bitcoins for his album. Beyonce once did the same. She was paid in UBER shares , and that was a total win for her. However, sooner we found the reality. The news was a rumor. On Wednesday, TMZ reported that 50 Cent has come into a Bitcoin fortune, thanks to the then-strange decision to accept Bitcoin when selling his album, Animal Ambition—and people took him up on it.

Imagine that: A sales stunt that was, at the time, effectively meaningless has now, almost four years later, turned into a damn fortune. If this is real, 50 Cent fell ass-backwards into a digital gold mine. Of course, TMZ isn't naming its sources, and this could just be well-placed spin—there are no charts for this sort of stuff—and the report doesn't say what 50 is doing with that Bitcoin cash. Is he sitting on it? Did he cash out? Is he going to keep his ludicrously large, bathroom mansion now?

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50 Cent Made Millions by Accepting Bitcoin for His Last Album

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One of these things is the growing interest of people in it. People still consider making money by investing in Bitcoin. If reports are to be believed, the same thing happened with the famous hip-hop artist 50 Cent. Sources confirm that 50 Cent has indulged in money-making from Bitcoin. There is a striking similarity between 50 Cent and the Bitcoin market at this point o time. Both have run out of demand.

He always had this craze about him in the audience. While he was on top of the charts, he was in a financial crisis also. His poor decisions lcryead him there. To worsen the situation, he was stuck in a legal battle over unpaid child support. He filed for personal bankruptcy. His mistakes are a lesson for others.

He was a hip-hop star with immense popularity, but he initiated his downfall himself. Rumors about his investment in Bitcoins There is a history of unusual decisions with 50 Cent. Is he sitting on it? Did he cash out? Is he going to keep his ludicrously large, bathroom mansion now? Will he buy back Vitamin Water? Invent a new cryptocurrency? Make a new album about cryptocurrency? We've got questions, man.

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50 Cent Makes Millions From Bitcoin From Broke To Rich

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