Famous hip-hop artist Megan Thee Stallion posted a video of herself explaining the basics of Bitcoin. This includes explaining your concept, why it is valuable, and how to obtain it. In the past, the rapper gave US $ 1 million in BTC to her fans in collaboration with Square’s Cash application.
Megan has more than 24.1 million followers on Instagram and 6.4 million followers on Twitter. He has received several awards, including three Grammy Awards. At the 63rd Annual Grammys, she became the second female hip-hop artist to win the Best New Artist award. In 2020, Time magazine named her one of the 100 most influential people in the world on its annual list.
Therefore, it is no wonder that the adoption of Bitcoin among his fans could be influenced by this video that he released. Below we show you all the details about it.
How does Megan Thee Stallion educate her fans about Bitcoin?
The popular rapper, also known as Hot Girl Meg, posted a video titled “Bitcoin for Hotties” on Tuesday in collaboration with Cash App. The latter is a mobile payment service developed by Jack Dorsey’s Square Inc.
His Bitcoin for Hotties video begins with the star explaining what Bitcoin is. She said: “Bitcoin is a new type of money. While the cash in your wallet is issued and regulated by governments, Bitcoin is a cryptocurrency like a wild stud. No one can control it».
«That means that no one person or organization can decide how much is used, how much is in circulation, or how much is worth that much. There is only a limited amount of bitcoins, such as gold, silver or me‘He continued.
Collaborations between the artist and Cash App
The video then discussed why Bitcoin is valuable, emphasizing scarcity and security. After explaining that the price of Bitcoin can fluctuate, he explained how to obtain BTC, for example, through cryptocurrency exchanges or through the Cash application.
The Bitcoin for Hotties video is the second financial education video released as part of the artist’s partnership with Cash App. The first video, titled “Investing for Hotties,” was about investing in the stock market. It was launched a month ago. In July, the artist and Cash App teamed up to give away $ 1 million in stock around the release of her single “Thot Sh * t.”