50 cent accepts Bitcoin as payment for his new album - page 4.

Joshuar

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eidoo wallet

Quote from: Neg on June 04, 2014, 07:47:25 AM

Quote from: Divinespark on June 04, 2014, 06:55:12 AM

It's good PR for sure and shows that 50Cent has brains
Not sure if this is a big deal for adoption though
Will fans adopt just because their heroes are given the obstacles that exist to acquiring and securing btc?

50 Cent probably didn't instigate it, but he's made many other business decisions that have made him a lot of money.

I'm sure if those celebrities "advertised" Bitcoin, it would become Huge. I remember 50 once advertised a penny stock he has stake in on his Twitter, and made 9million off of it as his fans went to grab it up.

Neg

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Quote from: Divinespark on June 04, 2014, 06:55:12 AM

It's good PR for sure and shows that 50Cent has brains
Not sure if this is a big deal for adoption though
Will fans adopt just because their heroes are given the obstacles that exist to acquiring and securing btc?

50 Cent probably didn't instigate it, but he's made many other business decisions that have made him a lot of money.

usupnaruto

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tolong sumbangannya pak...

I hope this is a good start bitcoin acceptable among any including Hollywood superstars in there

Divinespark

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It's good PR for sure and shows that 50Cent has brains
Not sure if this is a big deal for adoption though
Will fans adopt just because their heroes are given the obstacles that exist to acquiring and securing btc?

311

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Come original.

I hope more artists start accpeting bitcoin. It's good for publicity for both parties when they do.

Nathonas

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Knowledge is Power

Quote from: _Miracle on June 03, 2014, 06:52:41 PM

http://www.reddit.com/r/IAmA/comments/277lmj/its_50_cent_ask_me_anything/

He had a reddit discount so I got an album

Wow can't believe I missed this. Thanks for posting.

relevant question from the thread: "what made you want to accept Bitcoin payment for your new album?"

50 cent: "stay with times. technology is what's changing the business gotta get with it. I take money no matter if its coins or dollars."

That's a good answer. He recognizes that the technology is changing and you will get left behind if you don't accept it.

albertor

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This is good news. I would like to buy Grin

Zyborg

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As long as you can get what you're looking for by paying with bitcoins it counts as if he's accepting bitcoins.

bryant.coleman

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Quote from: franky1 on June 03, 2014, 07:41:50 PM

no HE is not. HE never has a personal bitcoin wallet.

Why so much criticism? I don't bother whether he is having a personnel bitcoin wallet or not. The important thing is that, if you have Bitcoins, then you will be able to buy his albums.

QuestionAuthority

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You lead and I'll watch you walk away.

Now he needs to change his name to Fitty Satochi.

fo' shizzle, dawg

keithers

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This is the land of wolves now & you're not a wolf

People really view him as an entrepreneur in the Hip hop game, so I'm sure many others will follow. Ultimately there will probably end up being basically bit-tunes or an iTunes like service accepting btc.

50 had lately only been working at his boxing promotional company, so I'm sure that will get tied in somewhere too..

Ron~Popeil

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I don't care for his music but this is a pretty cool thing. Might help reduce the geek stereotype a bit.

Nathonas

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Knowledge is Power

Now this is really cool news. I love 50's first album - "Get Rich or Die Tryin'" doesn't have a bad song on it. He may be just another mainstream rapper by now, but he has a VERY good business sense and this doesn't surprise me at all. There's no downside to accepting Bitcoin for your work - in fact, you will only get good press and more buyers.

TheFootMan

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Quote from: laxori666 on June 03, 2014, 05:51:35 PM

Well he's not really accepting bitcoins is he? He's accepting cash, and letting you give him cash via BitPay.

Well, it is a start - and better than nothing. Now.... if someone could point him to some 'services' he would enjoy where he could use bitcoins, maybe he would just keep them and use them. Roll Eyes

franky1

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this is what 50cent shoulda done..

https://www.youtube.com/watch?v=DZ_0drhwbWY

skip to 1:50 to see my point

better advert for bitcoin's - if only it were from a well known artist such as Grin

5dimes

b!z

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Quote from: Bitcoin Magazine on June 03, 2014, 06:18:10 PM

Quote from: nickenburg on June 03, 2014, 05:48:44 PM

Source: http://www.coindesk.com/50-cent-bitcoin-payments-new-album-animal-ambition/

50 Cent’s Shopify store will accept bitcoin payments for the new release, with BitPay acting as the payments processor.
So that is very cool I think more and more artists are accepting bitcoins.

I think alot of people have grown up with 50 cents music like his song in da club.
But what would be really cool, if they give the people that buy bitcoin a signed copy of his album.

just something like that so it would also attract new people to Bitcoin.
Or do you think this news will just make people buy bitcoin that listen to 50 cent?

but i want to buy iTunes with my bitcoins

I want to buy Apple with my bitcoins.

franky1

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Quote from: adamselene on June 03, 2014, 06:58:55 PM

No, he is actually accepting bitcoin.

Just like if someone were to pay in Euros, it would be converted to dollars before reaching him.

no HE is not. HE never has a personal bitcoin wallet.

his recording company ( Caroline Records and Capitol Records ) does not have a bitcoin address.

shopify, may or may not choose to keep a percentage of bitcoins. but knowing their business model in regards to paying royalties to the record company/artist. i dont think they keep much bitcoin if any.

bananaControl

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Decentralize All The Things!

Quote from: _Miracle on June 03, 2014, 06:52:41 PM

http://www.reddit.com/r/IAmA/comments/277lmj/its_50_cent_ask_me_anything/

He had a reddit discount so I got an album

Quote

It's 50 Cent. My new show Power is on Starz on June 7, and my new album Animal Ambition drops today June 3. Ask me anything.

https://twitter.com/50cent/status/473858585055993856

EDIT: this was fun i'm out. Grab my album directly from 50cent.com for $5.50 use the code Reddit550 at checkout. I'll take your Bitcoins too ok

Thats pretty fucking awesome in my book actually.

adamselene

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Quote from: franky1 on June 03, 2014, 06:13:58 PM

"release june 3rd"

.. well for me its now the 4th.. so i guess i can go to shop.50cent.com and pay in bitcoins.

.. i see no mention of a bitcoin price or any sign of 'bitcoin accepted here' on main page
.. i see no mention of a bitcoin price or any sign of 'bitcoin accepted here' on the shopping cart page
.. i see no mention of a bitcoin price or any sign of 'bitcoin accepted here' on the billing address page
........... oh wait right at the end. there you are my bitcoin friend..

hang on.. 50cents is not accepting bitcoin. Shopify is accepting a bank wire transfer from bitpay, and then passing 50cent his royalties cheque in dollars..

No, he is actually accepting bitcoin.

Just like if someone were to pay in Euros, it would be converted to dollars before reaching him.

_Miracle

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Do due diligence

http://www.reddit.com/r/IAmA/comments/277lmj/its_50_cent_ask_me_anything/

He had a reddit discount so I got an album

Topic: 50 cent accepts Bitcoin as payment for his new album - page 4. (Read 4537 times)