A few days ago, legendary hip-hop artist and part-time pornographer Snoop Dogg announced he would make his upcoming album available to purchase in bitcoin.
Shortly afterwards, Snoop was contacted by Coinbase and BitPay, who were glad to take him up on the offer and make it all possible.
Another performer joined Snoop earlier this week, as former Spice Girl Mel B announced she will be the first artist to officially accept bitcoin payments for her new single. She said:
Mel B is working in partnership with Cloud Hashing to make it all happen. The company welcomed Mel B’s decision, saying that it will help bring bitcoin to the attention of millions of her fans around the world.
Another hip-hop artist voiced his support for bitcoin recently: Childish Gambino, better known as actor/comedian Donald Glover.
Gambino is expected to release his second studio album 'Because the Internet' this month. In a recent interview with Time magazine, he discussed the impact of the internet on pop culture and our daily lives, mentioning bitcoin in the process.
“We should definitely start looking at currency on the Internet,” he said, adding:
Oddly enough, bitcoin appears to be getting a lot of love from the hip-hop community, the very same community that has been talking up diamond jewellery, Volkswagen-made Bentleys and overpriced champagne for years.
Who knows, maybe bitcoin is the new bling.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.