- BTC Price at the time of writing – $19,555.89
- The man is surely controversial, to say the least in terms of being a bitcoiner
- BTC Market Cap is up by 0.5% over the last 24 hours
The rapper and fashion mogul have dominated every news cycle in recent weeks. Additionally, it appears that bitcoin has now entered its orbit. Or, has Kanye West entered the bitcoin universe? The picture of the always-calculated rapper/performer sporting a “Satoshi Nakamoto” cap went viral on the Internet.
The timing works, and the situation as a whole makes sense. Since JPMorgan and West’s Yeezy brand recently ended their business relationship, the billionaire has received a slew of tweets from bitcoin enthusiasts. Additionally, many people were left wondering why exactly the relationship ended.
The Kanye West/JP Morgan Scandal
Candace Owens, a Republican author, published a letter from JPMorgan to the Yeezy high command on October 12. He found out earlier today that Kanye West had been expelled from JP Morgan Chase bank in writing.
She tweeted that they sent this letter as well to confirm that he has until late November to find another place for the Yeezy empire to bank. He was told there was no official reason given.
The story was quickly disproven, as is typical in politics.
Sara Eisen, anchor of CNBC News, retaliated by saying, Kanye West announced on CNBC during our interview that he was pulling his money out of JPMorgan and switching to Bank of America because Jamie Dimon didn’t call him.
This was on September 15, a long time ago. It would appear that his breakup was acknowledged in this letter. Whatever the case may be, people all over the world who use bitcoin saw an opportunity for promotion and took to Twitter to offer advice to Kanye West.
No matter what you think of Kanye West, he deserves access to banking services just like the rest of us do. Additionally, he should not be silenced due to his beliefs. Bitcoin is the only alternative to the censored, apolitical money the world needs.
ALSO READ: Bitcoin’s Distributed Ledger Nears a Half Terabyte
The Satoshi Nakamotao Hat
In one of the numerous daily posts that mainstream media publishes about Kanye West’s sightings, the Daily Mail captured the fashion tycoon delivering a specific message.
West had recently been sporting a cap with the number “2024,” which is said to refer to his presidential campaign. He wore a hat that said “Satoshi Nakamoto” today. Either the rapper is so calculated or the JPMorgan story was in the air.
The Daily Mail quotes Kanye West’s recent Drink Champs interview in the same article, where he stated when he drives by and sees the ads for Hulu and JP [Morgan Chase], he is going to let y’all know right now that the devil is a defeated foe and you can’t poison me,” the man said.
Although bitcoin was probably not on his mind then, he might as well. However, is Kanye West the appropriate spokesperson for bitcoin? The controversial figure has stated that technology interests him.
In his interview with Joe Rogan, he even went as far as to say that bitcoin supporters have a genuine perspective on the “true liberation of America and humanity. He might now have an excellent reason to use bitcoin. He might have recognized the issue brought on by centralization, politicization, and weaponization of access.
Source: https://www.thecoinrepublic.com/2022/10/21/kanye-west-wears-satoshi-nakamoto-cap/