In 2014, rapper 50 Cent permit people purchase his album Animal Ambition using bitcoin. He then permit his account lie unused for years, and handiest just recently came upon that he’s now a bitcoin millionaire, as first mentioned through TMZ.
at the time, a unmarried bitcoin was worth most effective $662, and the rapper’s lovers may pick out up the album for a fraction of that. In general, he pulled in over $FOUR HUNDRED,000. On Account That then, the price of bitcoin has soared: the cost of the cryptocurrency rose as high as $17,000 in advance this month, simplest to drop below $10,000 in latest weeks. (on the time of writing, bitcoin is now price slightly more than $ELEVEN,000.) After sitting untouched in his account for years, 50 Cent’s income at the moment are value $7 million to $8.5 million, based on the current fluctuating bitcoin valuation.
50 Cent confirmed his new windfall on Instagram and Twitter, pronouncing, “No Longer bad for a child from South Facet, I’m so pleased with me.” He later commented on his put up: “Ima keep it actual, I forgot I did that shit lol.”
somewhat bitcoin anyone? LOL. l know l make you sick however excuse me…I’m getting to the bag #denofthieves pic.twitter.com/DCJu2thDr9
— 50cent (@50cent) January 23, 2018
Bitcoin evangelists on Twitter have been quick to respond to 50 Cent, pitching him among the crypto systems and cash that he must check out next. one among them even joked that 50 Cent would love the coin DeepOnion as it used to be valued at fifty cents.
50 Cent is just one in every of many people who obtained bitcoin, only to forget about it. He’s fortunate that he remembered his login data — many others have forgotten their old account logins and misplaced out on potential wealth, for you to without end be locked away because of the nature of cryptocurrency.