These celebrities all invested in cryptocurrency

The rapper first showed interest in cryptocurrency back in 2013, when he tweeted that he may accept bitcoin as payment for his upcoming album. In February 2021, Snoop also tweeted his support for Dogecoin with a photo of a Shiba Inu dog and tagged Elon Musk, which caused the cryptocurrency to spike.

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Snoop Dogg -

In December 2017, Sparkle Coin donated US$55,000 worth of coins to Snoop Youth Football League, an organization that sponsors youth football leagues.

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50 Cent -

Curtis Jackson, better known by his stage name 50 Cent, reportedly agreed to take bitcoin as an alternative method of payment for his 2014 album, 'Animal Ambition.'

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50 Cent -

Sources suggest that the 700 bitcoins he amassed were worth more than US$7 million by 2017. However, by 2018 the 'Candy Shop' rapper was denying he ever owned the currency at all.

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Paris Hilton -

A public fan of all things new technology, reality TV star Paris Hilton took to Twitter in September 2017 to announce her participation in the blockchain venture Lydian.

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Paris Hilton -

In fact, her public enthusiasm for all things crypto dates back to 2016, when she featured in an Instagram post with Stephan Tual, former CCO of cryptocurrency Ethereum.

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Nas -

Hip hop artist Nas (full name Nasir Jones) and his manager Aymen Anthony Saleh together have a US$25 million investment in bitcoin exchange Coinbase.

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Nas -

In a 2014 'Coindesk' interview, the rapper said: "Bitcoin will evolve into an industry as big, if not bigger, than the internet. My man Ben Horowitz really opened my eyes to that point."

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Bjork -

In 2017, Icelandic singer-songwriter Bjork joined the cryptocurrency craze by inviting fans to buy her album 'Utopia' with bitcoin rather than regular currency.

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Bjork -

Ever the fan of diversity, the eclectic musician also accepted three lesser-known types of cryptocurrency as payment: Litecoin, Dash, and Audiocoin.

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Gwyneth Paltrow -

The actress first came out in support of bitcoin in 2017, when she became the face of bitcoin wallet Abra.

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Gwyneth Paltrow -

In November 2018, the 'Goop' creator also posted an article to Twitter on 'The Basics of Bitcoin and Cryptocurrency, and How to Invest.'

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Mike Tyson -

Legendary boxer Mike Tyson was an early supporter of Bitcoin. As well as investing in the currency. he created Bitcoin ATMs that are branded with his face tattoo.

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Mike Tyson -

In 2015, it was announced by Engadget that "The Baddest Man on the Planet" had partnered with Bitcoin Direct to launch a Bitcoin wallet for mobiles and handsets.

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Mel B -

Otherwise known as Scary Spice, singer Melanie Brown was the first artist in the music industry to accept bitcoin as payment for her work.

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Mel B -

The song in question was her Christmas record in 2014, and at the time the Spice Girl was partnering with London-based investment firm Cloudhashing.

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Floyd Mayweather -

Controversial boxer and household name Floyd Mayweather has promoted ICOs Stox, Hubii Network, and Centra.

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Floyd Mayweather -

In September 2017, he tweeted that he was spending Ethereum and "other types of cryptocurrency" while in Beverly Hills.

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Jamie Foxx -

'Django Unchained' actor Jamie Foxx has been an advocate of bitcoin since 2017, when he took to Twitter in support of Cobinhood and announced his interest in trading bitcoin.

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Jamie Foxx -

He tweeted: "Looking forward to participating in the new @cobinhood Token! Zero fee trading! #CryptoCurrency #BitCoin #ETH."

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Ashton Kutcher -

Hollywood heartthrob Ashton Kutcher is a long-standing supporter of Bitcoin, and his venture fund 'A Grade' invested in BitPay, the payment processor that enables Bitcoin payments.

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Ashton Kutcher -

In fact, the actor is a big fan of cryptocurrency in general and has praised its decentralized security. In 2010, he also invested in UnikoinGold, along with entrepreneur Mark Cuban.

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Richard Branson -

Virgin Group founder Richard Branson has used his prominence as a public figure to advocate cryptocurrency across multiple social media channels.

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Richard Branson -

The business mogul himself has reportedly invested a total of more than US$30 million in Bitpay and cryptocurrency, although he has also warned against bitcoin "scam sites."

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Bill Gates -

Microsoft founder Bill Gates expressed an interest in bitcoin as early as 2014, when he stated in a Bloomberg interview that "Bitcoin is exciting because it shows how cheap it can be."

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Bill Gates -

However, the tech genius clearly fell out of love with Bitcoin: by 2018, he was describing it as a "greater fool theory" type of investment and saying he would "short it" if he could.

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Cameron and Tyler Winklevoss -

Identical twins Cameron and Tyler Winklevoss came into US$65 million dollars after suing Mark Zuckerberg for allegedly stealing their idea for Facebook.

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Cameron and Tyler Winklevoss -

The pair went on to found Gemini Trust, which began trading in Bitcoin in 2015, when the value of the coin was US$120. By 2017, the value was $11,000 and they were the first "Bitcoin billionaires."

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Amitabh Bachchan -

Along with his son, in 2015 legendary Bollywood actor Amitabh Bachchan invested a whopping total of US$250,000 in Meridian Tech, an investment fund that deals in cryptocurrency.

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Amitabh Bachchan -

In December 2017, it was reported that his coins were seeing a value of US$17.5 million and until now there is still nothing to suggest he has lost money on his investment.

See here for the best tips for personal money management.

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Snoop Dogg -

Getty Images

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Snoop Dogg -

In December 2017, Sparkle Coin donated US$55,000 worth of coins to Snoop Youth Football League, an organization that sponsors youth football leagues.

Getty Images

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50 Cent -

Curtis Jackson, better known by his stage name 50 Cent, reportedly agreed to take bitcoin as an alternative method of payment for his 2014 album, 'Animal Ambition.'

Getty Images

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50 Cent -

Sources suggest that the 700 bitcoins he amassed were worth more than US$7 million by 2017. However, by 2018 the 'Candy Shop' rapper was denying he ever owned the currency at all.

Getty Images

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Paris Hilton -

A public fan of all things new technology, reality TV star Paris Hilton took to Twitter in September 2017 to announce her participation in the blockchain venture Lydian.

Getty Images

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Paris Hilton -

In fact, her public enthusiasm for all things crypto dates back to 2016, when she featured in an Instagram post with Stephan Tual, former CCO of cryptocurrency Ethereum.

Getty Images

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Nas -

Hip hop artist Nas (full name Nasir Jones) and his manager Aymen Anthony Saleh together have a US$25 million investment in bitcoin exchange Coinbase.

Getty Images

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Nas -

In a 2014 'Coindesk' interview, the rapper said: "Bitcoin will evolve into an industry as big, if not bigger, than the internet. My man Ben Horowitz really opened my eyes to that point."

Getty Images

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Bjork -

In 2017, Icelandic singer-songwriter Bjork joined the cryptocurrency craze by inviting fans to buy her album 'Utopia' with bitcoin rather than regular currency.

Getty Images

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Bjork -

Ever the fan of diversity, the eclectic musician also accepted three lesser-known types of cryptocurrency as payment: Litecoin, Dash, and Audiocoin.

Getty Images

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Gwyneth Paltrow -

The actress first came out in support of bitcoin in 2017, when she became the face of bitcoin wallet Abra.

Getty Images

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Gwyneth Paltrow -

In November 2018, the 'Goop' creator also posted an article to Twitter on 'The Basics of Bitcoin and Cryptocurrency, and How to Invest.'

Getty Images

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Mike Tyson -

Legendary boxer Mike Tyson was an early supporter of Bitcoin. As well as investing in the currency. he created Bitcoin ATMs that are branded with his face tattoo.

Getty Images

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Mike Tyson -

In 2015, it was announced by Engadget that "The Baddest Man on the Planet" had partnered with Bitcoin Direct to launch a Bitcoin wallet for mobiles and handsets.

Getty Images

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Mel B -

Otherwise known as Scary Spice, singer Melanie Brown was the first artist in the music industry to accept bitcoin as payment for her work.

Getty Images

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Mel B -

The song in question was her Christmas record in 2014, and at the time the Spice Girl was partnering with London-based investment firm Cloudhashing.

Getty Images

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Floyd Mayweather -

Controversial boxer and household name Floyd Mayweather has promoted ICOs Stox, Hubii Network, and Centra.

Getty Images

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Floyd Mayweather -

In September 2017, he tweeted that he was spending Ethereum and "other types of cryptocurrency" while in Beverly Hills.

Getty Images

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Jamie Foxx -

'Django Unchained' actor Jamie Foxx has been an advocate of bitcoin since 2017, when he took to Twitter in support of Cobinhood and announced his interest in trading bitcoin.

Getty Images

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Jamie Foxx -

He tweeted: "Looking forward to participating in the new @cobinhood Token! Zero fee trading! #CryptoCurrency #BitCoin #ETH."

Getty Images

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Ashton Kutcher -

Hollywood heartthrob Ashton Kutcher is a long-standing supporter of Bitcoin, and his venture fund 'A Grade' invested in BitPay, the payment processor that enables Bitcoin payments.

Getty Images

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Ashton Kutcher -

In fact, the actor is a big fan of cryptocurrency in general and has praised its decentralized security. In 2010, he also invested in UnikoinGold, along with entrepreneur Mark Cuban.

Getty Images

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Richard Branson -

Virgin Group founder Richard Branson has used his prominence as a public figure to advocate cryptocurrency across multiple social media channels.

Getty Images

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Richard Branson -

The business mogul himself has reportedly invested a total of more than US$30 million in Bitpay and cryptocurrency, although he has also warned against bitcoin "scam sites."

Getty Images

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Bill Gates -

Microsoft founder Bill Gates expressed an interest in bitcoin as early as 2014, when he stated in a Bloomberg interview that "Bitcoin is exciting because it shows how cheap it can be."

Getty Images

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Bill Gates -

However, the tech genius clearly fell out of love with Bitcoin: by 2018, he was describing it as a "greater fool theory" type of investment and saying he would "short it" if he could.

Getty Images

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Cameron and Tyler Winklevoss -

Identical twins Cameron and Tyler Winklevoss came into US$65 million dollars after suing Mark Zuckerberg for allegedly stealing their idea for Facebook.

Getty Images

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Cameron and Tyler Winklevoss -

The pair went on to found Gemini Trust, which began trading in Bitcoin in 2015, when the value of the coin was US$120. By 2017, the value was $11,000 and they were the first "Bitcoin billionaires."

Getty Images

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Amitabh Bachchan -

Along with his son, in 2015 legendary Bollywood actor Amitabh Bachchan invested a whopping total of US$250,000 in Meridian Tech, an investment fund that deals in cryptocurrency.

Getty Images

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Amitabh Bachchan -

In December 2017, it was reported that his coins were seeing a value of US$17.5 million and until now there is still nothing to suggest he has lost money on his investment.

See here for the best tips for personal money management.

Getty Images

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These celebrities all invested in cryptocurrency

Matt Damon was dragged on Twitter for pushing cryptocurrency as markets crashed

29/08/24 | StarsInsider

CELEBRITY Money

Based on blockchain technology that allows them to exist and function largely outside of government control, cryptocurrencies have, on the one hand, been praised for their inflation resistance and transparency. On the other hand, they have faced criticism for their exchange rate volatility and their potential to be used for illegal activities.

And it's not just experts who are interested in the potentially revolutionary technology. For better or worse, many celebrities have come out in favor of cryptocurrencies. Matt Damon has starred in a series of commercials for Crypto.com which started airing in October of 2021, a time when the cryptocurrency market was still ticking along. However, Damon was slammed online for his ads. The slogan "fortune favors the brave" was no longer going down well as Twitter users trolled and criticized Damon for using his fame to encourage gullible people to make terrible investments. One user commented that he probably wasn't paid in cryptocurrency for the ad, lucky for him.

Check out this gallery to see which celebrities got on board with the faltering cryptocurrency craze.