Eminem has become the latest musician to give Bitcoin a popular culture boost, mentioning it in a song on his new album, Kamikaze.
In track called Not Alike, guest artist, Royce Da 5’9′, raps: “Remember everybody used to bite nickel, now everybody doing Bitcoin.”
Other Bitcoin shout outs
The rap industry has been a key player in raising the mainstream profile of cryptocurrencies. Earlier this year, Young Dirty, the son of late Wu Tan Clan rapper Ol’ Dirty Bastard, was involved in the launch of a new cryptocurrency called Dirty Coin. He was looking to raise funding for an album and also enable fans to access shows and buy merchandise.
Also this year, Snoop Dogg performed at an event in New York that celebrated XRP, the cryptocurrency associated with Ripple. Whilst Akon launched Akoin to help disadvantaged people in Africa and build a 2,000 acre Crypto City in Senegal.
“I think that blockchain and crypto could be the saviour for Africa in many ways because it brings the power back to the people and brings the security back into the currency system and also allows the people to utilise it in ways where they can advance themselves and not allow government to do those things that are keeping them down,” said the musician.
According to Akoin’s website: “Akon Crypto City is a first of its kind 100% crypto-based city with Akoin at the centre of transactional life. The city blends leading Smart City planning designs with a blank canvas for cryptonising our daily human and business exchanges, towards inventing a radical new way of existence.”
Akon, who is of Senegalese descent, also has a charity for underprivileged children in Africa called Konfidence Foundation.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.