Billionaire Rapper and Fashion Designer Kanye West has touted the ‘Bitcoin Guys’ as a visionary in truly liberating America and humanity. Kanye, an independent presidential candidate in the U.S 2020 elections, shared these sentiments when he appeared on the popular ‘Joe Rogan Experience’ podcast. The interview, which had been much anticipated, lasted for three hours, most of which Kanye highlighted social and political issues, slightly touching on decentralization and Bitcoin.
According to Kanye, early Bitcoin adopters like Twitter’s Jack Dorsey had seen a future in decentralization and made a debut just in time, given the COVID-19 pandemic,
“Jack Dorsey decentralized Twitter two months before [the pandemic] really hit because he was talking to the Bitcoin guys. And these are guys that really have a perspective on what the true liberation of America and humanity will be.”
He mentioned that the ‘Bitcoin and Tech’ guys were able to leverage the new information, hence creating a new existence frontier. Notably, Kanye first revealed his interest in Bitcoin back in May of 2018 when he appeared in an interview with Charlamagne, the popular TV personality. At the time, West said that his interest had been triggered by the $20-dollar bill, which he says reminds him of slavery. Kanye West stated:
“That was the moment when I wanted to use bitcoin when I saw Harriet Tubman on the twenty-dollar bill. It’s like when you see all the slave movies, it’s like why do you have to keep reminding us about slavery? Why don’t you put Michael Jordan on a twenty-dollar bill?”
Kanye’s take on Bitcoin is the latest bullish sentiments from a popular figure regarding the fundamental value proposition of the ‘internet currency.’ Jack Dorsey, who has also appeared in the Joe Rogan Experience podcast, previously highlighted Bitcoin’s potential and is one of the instrumental figures in the industry. His payments company ‘Square’ recently allocated $50 million worth of its Treasury to Bitcoin, a move that is now gaining traction amongst financial institutions.