John Cena posted a stock image of casascius bitcoins on Instagram today and generated plenty of buzz in the process. Cena is a professional wrestler, reality star, and entertainer. His following is large and his reach is long. The post had over 38,000 likes, with no further input from John Cena himself, at time of writing.
It’s clear that Bitcoin and cryptocurrencies generally are increasingly gaining the interest of people who really can benefit from the protective nature that cryptography affords. The more money one has, after all, the more exposed to the failures of governments and fiat currencies that one becomes. In a similar vein, Floyd Mayweather, who came out of retirement and defeated MMA fighter Conor McGregor recently, is also jumping aboard cryptocurrencies, while Mark Cuban is finally giving Bitcoin and ICOs a chance.
Other stars like Mike Tyson have in the past promoted Bitcoin companies, while one of the first blockchain investors, Brock Pierce, got his start in life as an actor. 50 Cent sold an album in bitcoins; if he made significant sales and held any of the coin, he’s probably not broke anymore. His friend the Game is promoting Paragon. The cohesion of the entertainment industry and cryptocurrencies becomes more evident in projects like Backto.earth, which wants to use the blockchain as part of its mission to create a revolutionary new form of entertainment.
Cena himself, it’s safe to say, has previously been quiet on the subject of Bitcoin and cryptocurrencies. His celebrity power is such that he merely needs to post a photo with no additional information for it to spark a discussion of several hundred comments.
Working in the cryptosphere, it’s easy to forget that the whole of it is absolutely new to the overwhelming majority of people. Information penetration far outweighs actual diffusion of holdings, as well. This is to say that John Cena and all the rest of the celebrities who’ve in recent years awoken tot he power of cryptocurrencies may be among the fortunate first, but in the grand scheme of things, we’ve only just begun.
One thing is for sure, cryptocurrencies are gaining more and more influence by the day making the 100k$ bitcoin a potential reality!
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Source: https://www.cryptocoinsnews.com/john-cena-posts-about-bitcoin-on-instagram/
It's crazy how popular cryptocurrency has become. It's definitely not an underground industry anymore. It only takes a few big name Hollywood stars and athletes to make the value jump tremendously.
Very true! I remember last year when 1 BTC was trading at 800$ USD! I can't wait to see how much the market will change in 5 years! Let's all Hodl until then!
Good to see the cryptomarket growing in popularity.
<< I invested in cryptocurrency before it was mainstream > >
I invested in bitvoins 3 years ago. Not sure how mainstream it was at that time.