Rich and Famous People Are Flocking to Bitcoin

Key highlights:

  • Bitcoin has been receiving increased attention thanks to its big price rally
  • Major investors and celebrities alike are now sharing their thoughts on Bitcoin
  • Mexican billionaire Ricardo Salinas Pliego revealed that he owns BTC, while Game of Thrones actress Maisie Williams asked her followers about BTC.

The Bitcoin market has been in a frenzy lately, and it’s attracting a lot of attention. We’re seeing famous individuals discussing Bitcoin publicly at an increased rate. Wealthy ad famous people are very influential, and when they enter the crypto space, others will think more seriously about this new world. This article refers to some wealthy and famous people who have recently joined the BTC bandwagon.

Mexican billionaire Ricardo Salinas Pliego has 10% of his liquid portfolio in BTC

Ricardo Salinas Pliego is the second richest man in Mexico, and he has recently revealed that BTC represents a part of his liquid investment portfolio. Pliego believes paper money is depreciating, and diversification of his portfolio is necessary. He has allocated 10% of his liquid portfolio to Bitcoin.

Salinas shared a video from a South American country where banks were throwing out paper money into dustbins. It seems that the video is showing lots of Venezuelan banknotes in bags, and banks are throwing them out. It was three hours after this video that Pliego tweeted and disclosed his cryptocurrency investment.

The Crypto community on Twitter reacted joyfully to this news. For instance, in reaction to this news, Dan Held from Kraken talked about the inflow of institutional capital to this space. In response to Held, Pliego also clarified the issue and pointed to gradual institutional adoption since 2016.

Pliego is 65, and he is the chairman of Grupo Salinas, a large Mexico-based conglomerate in Mexico. He is an influential person in the country, and many people imitate his actions.

“Game of Thrones” actress Maisie Williams asked her followers about Bitcoin

Maisie Williams is a British actress that’s most famous for her role in “Game of Thrones”, where she played the role of Arya Stark. On November 16, Williams asked her Twitter followers about investing in Bitcoin. More than half of the respondents suggested her to invest in the crypto space.

Her tweet made a buzz on Twitter, and others joined the discussion. They had different suggestions for Williams, and everyone looked at the issue from their point of view. Peter McCormack advised her to just stick with Bitcoin and keep away from altcoins. Altcoin market caps are smaller than Bitcoin, and indeed, they tend to show bigger plice fluctuations compared BTC. Others like Blockfolio and Barry Silbert also joined the discussion and suggested she should enter the crypto space.

The presence of the rich and famous in the crypto space is rising in 2020, and we know that these figures are blockbusters. Bitcoin mass adoption seems to be on the horizon, and we’re seeing more and more signs of that every day.

Andrew is a writer that does most of his work on cryptocurrency-related topics. While he’s primarily interested in Bitcoin, he also follows major altcoins and the innovative ideas that new cryptocurrency and blockchain projects are bringing to the table.

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