By Damilola Faustino
So 50 Cent had so much money that he forgot that he accepted Bitcoin as payment for his 2014 album, Animal Ambition. He became the first artiste to accept Bitcoin as payment.
The rapper received more than 700 Bitcoins under the deal but then forgot about the cryptocurrency.
The 700 Bitcoins is now worth between $7 and $8 million, although the currency’s price volatility means that could change fast.
In 2014, one Bitcoin was equivalent to about $662 but was worth about $11,200 according to Coindesk.
50 Cent said: “Not bad for a kid from South Side, I’m so proud of me.”
50 Cent also posted a picture of himself on Instagram surrounded by Bitcoins, with the caption: “A little bitcoin anyone? LOL. l know l make you sick but excuse me I’m getting to the bag.”
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