Kanye West Rocks Bitcoin (BTC) Founder Satoshi Hat But Gets Kicked Out By JP Morgan By DailyCoin
Controversial rapper and producer Ye, formerly known as Kanye West, was spotted outside a branch of JP Morgan wearing a Satoshi Nakamoto hat. The Hip Hop artist has officially cut ties with JP Morgan, who gave Yeezy LLC and Ye until November 21, 2022 to transfer the account’s funds elsewhere.
Kanye West rocked the Satoshi Nakamoto outfit after being canceled by JP Morgan Bank. #Bitcoin pic.twitter.com/3XdPvVXoOR
— Gray Jabesi (@greybtc) October 17, 2022
$140 million in question amid anti-Semitism controversy
The event comes just days after Yes went on a rampage on Twitter, where he made a series of anti-Semitic comments, threatening to “go Death Con 3 On Jewish People”. The popular American rapper was urged to reconsider his use of the platform by users, and was subsequently banned from Twitter and Instagram at the same time.
The hat speech that the rapper expressed received a strong backlash, but was not the first such incident. Ye had previously claimed that Sean Combs, better known as “P. Diddy”, is “controlled by the Jews”. Diddy, the renowned hip-hop mogul known for his signature dance moves in hip-hop music videos from the early 00s, declined to comment on the situation.
On the other hand, social influencer and crypto enthusiast David Gokhshtein suggested that Ye should consider storing his $140 million in (BTC).
Kanye West should put $140M into #Bitcoin.
— David Gokhshtein (@davidgokhshtein) October 17, 2022
Ye Silenced on Fox News
As a result of the tirade, broadcaster Fox News made the decision to scrap its planned feature on Ye. As if that wasn’t enough, Ye later went on the talk show “The Shop” with Lebron James, only to later be called out for “promoting extremely dangerous stereotypes”. On the other side of the coin, Ye expressed sympathy for everyday people’s struggle with greedy centralized banks in a recent interview, posing the rhetorical question: “If JP Morgan Chase (NYSE:) treats me like this, how do they treat the rest of you?”.
Kanye West speaks out after being beaten down: “I put $140 million into JP Morgan and they treated me like shit. So if JP Morgan Chase treats me like this, how do they treat the rest of you?” pic.twitter.com/YYuMgqfqT5
— Benny Johnson (@bennyjohnson) October 16, 2022
Critical Recognition Points for Bitcoin (BTC)
In other celebrity adoption news, investor Michael Saylor recently went on record to assure investors that “Bitcoin is forever.” Although the identity of the founder of the leading digital asset remains unconfirmed, with at least 5 plausible defensible candidates for the claim, today marks three years since “Satoshi” was entered into Oxford’s English Dictionary, and is defined as “the smallest unit of money in Bitcoin digital payment system”.
3 years ago today, the smallest part of a #Bitcoin enters the largest English dictionary pic.twitter.com/uD12JPNNek
— RIZZO (@pete_rizzo_) October 15, 2022
Public acceptance of Bitcoin (BTC) is being demonstrated worldwide, with prominent examples of its adoption seen in McDonald’s restaurants in Lugano, Switzerland, El Salvador’s Bitcoin City, and its use on public transportation in South Korea. Nonetheless, the protracted crypto winter has taken its toll on the speed of retail adoption, as evidenced by the ‘Crypto Fear & Greed Index’, which at the time of writing reads 20 on the scale, indicating a sense of “fear”. during the last 24 hours.
On the other side
- JP Morgan’s booting of Ye from its list of clientele serves as a perfect example of the ambiguous treatment of users of central banking institutions.
Why you should care
With top-selling artists from the music industry showing support for Bitcoin (BTC), the likelihood of its inclusion in pop culture is increasing.
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