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documents cited. This is particularly true when I feel the press forex euro peso argentino report in question is favourable to my image or brand, even if the report is based on a misunderstanding of the facts or contains outright falsehoods. In total, he pulled in over 400,000. "When I first became aware of the press reports on this matter, I made social media posts stating that 'I forgot I did that' because I had in fact forgotten that I was one of the first recording artists to accept bitcoin for online transactions. In 2014, rapper 50 Cent let people buy his album, animal Ambition using bitcoin.
He then let his account lie unused for years, and only just. Rapper 50 Cent, legally known as Curtis Jackson III, says he isn t a bitcoin millionaire after all despite his implying that he was just over. 700 bitcoins rapper reportedly earned were actually converted to US dollars by a third party before 50 Cent or his affiliates could receive.
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At a time when bitcoin was only worth about 660 and yet to go mainstream, Jackson took a risk: He agreed to accept it as a form of payment. A request for comment by, cNBC Make It was not immediately returned by Jackson's publicist. The bitcoin that came in would have amounted to around 450,000 then. He reasoned, however, that: So long as a press story is not irreparably damaging to my image or brand I usually do not feel the need to publicly deny the reporting. Since then, the value of bitcoin has soared : the price bitcoin news vietnam of the cryptocurrency rose as high as 17,000 earlier this month, only to drop under 10,000 in recent weeks. In a June 3, 2014, Reddit AMA (Ask Me Anything) on the same day his album was released, the hip hop mogul revealed that he made the decision in an attempt to "stay with the times.". Credit: Instagram 50 Cent confirmed his new windfall on Instagram and.