50 Cent has decided to embrace Bitcoin. Because that's really what the shaky alternative payment system needs, the endorsement of an outdated rapper.
If you're so inclined to purchase the new 50 Cent album, Animal Ambition, you can pick it up for 0.008506 Bitcoin, or $5.50 USD, based on the current conversion. The explicit version will run you 0.01373 Bitcoin. The payments to his Shopify store will be processed through BitPay.
BitPay executive chairman Tony Gallippi is pretty thrilled, he said, "We are excited to see high profile independent artists use Bitcoin and 50 Cent’s trail as an innovator is outstanding." He could've just said I Get Money. I wonder if he's going to spend it all at the Candy Shop or if he's more of a Window Shopper.
The Wire reached out to 50 Cent about this latest business venture, but he has not yet replied to our request to answer 21 Questions.
And because we know you're wondering.... 50 cents is worth 0.0007711 Bitcoin.
This article is from the archive of our partner The Wire.