Bitcoin

Photo by: Charles Sykes/Bravo/NBCU Photo Bank via Getty ImagesIn 2014, rapper 50 Centlet people buyhis albumAnimal Ambitionusing bitcoin. He then let his account lie unused for years, and only just recently discovered that he’s now a bitcoin millionaire,as first reported byTMZ.At the time, a single bitcoin was worth only $662, and therapper’s fans could pick up the album for a fraction of that. In total, he pulled in over $400,000. Since then,thevalue of bitcoin has soared: the price of the cryptocurrency rose as high as $17,000 earlier this month, only to drop under $10,000 in recent weeks. (At the time of writing, bitcoin is now worth a little more than $11,000.) After sitting untouched in his account foryears, 50 Cent’s earnings are now worth $7 million to$8.5 million, based on the current fluctuating bitcoin valuation.Credit: Instagram50 Cent confirmed his new windfallon InstagramandTwitter, saying, “Not bad for a kid from South Side, I’m so proud of me.” He later commented on his post: “Ima keep it real, I forgot I did that shit lol.”A little bitcoin anyone? LOL. l know l make you sick but excuse me...I’m getting to the bag#denofthievespic.twitter.com/DCJu2thDr9— 50cent (@50cent)January 23, 2018Bitcoin evangelists on Twitter were quick to respond to 50 Cent, pitching him the various crypto platforms and coins that he should check out next. One of them even joked that 50 Cent would like the coin DeepOnion because it used to be valued at fifty cents.50 Cent is just one of many people who acquired bitcoin, only to forget about it. He’s lucky that he remembered his login info —many others have forgottentheir old account logins and lost out on potential wealth, which willforever be locked away due to the nature of cryptocurrency.