In quite the confusing turn of events, Gene Simmons of Kiss fame is looking into Bitcoin and crypto.
On September 15th, Tyler Winklevoss of Gemini tweeted a thread about Bitcoin and the crypto space, commenting on the ongoing state of this nascent industry:
“This is why I love #Bitcoin and crypto. It’s permissionless. It’s unbiased. Math doesn’t care about the color of your skin, gender, orientation, etc. But getting people into this new system is the biggest challenge we face as an industry. It’s easier to buy #Bitcoin and Ether if you are already in the old system. If you don’t have a bank account, it’s hard to get funds into crypto. We need to change this.”
Gene Simmons, who follows Winklevoss and a number of other accounts about Bitcoin (@Bitcoin, the Winklevoss Twins, etc.), shared the tweet seen below.
I will. I am. https://t.co/GQJMpDUYCH
— Gene Simmons (@genesimmons) September 15, 2020
Many in the space saw this as validation that Simmons is interested in cryptocurrencies. Since he follows a number of accounts in the space, this statement is not entirely unfounded.
Related Reading: This European Crypto Exchange Was Just Hacked for $5 Million
Not Simmons’ First Time Looking At Bitcoin
This is not his first time looking at Bitcoin.
Speaking to The Street, he said that he is “interested in bitcoin, but only as a piece of the [investment] puzzle.” The investor did not elaborate at the time of the comment, which was made in Q3 of 2017.
Others Are Buying It
Other notable mainstream personalities are buying Bitcoin.
For one, Jim Cramer recently bought Bitcoin on the advice of Anthony Pompliano, founder of Morgan Creek Digital.
Cramer purportedly put 1% of his net worth in the leading cryptocurrency. He cited his ongoing fears of inflation, which he says will make BTC a valuable asset to own. Cramer discussed the cryptocurrency in relation to gold.
Related Reading: Here’s Why This Crypto CEO Thinks BTC Soon Hits $15,000
Featured Image from Shutterstock Price tags: xbtusd, btcusd, btcusdt Charts from TradingView.com Kiss' Gene Simmons Is Looking Into Bitcoin and Crypto