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0.00%Reading
Harry Potter author JK Rowling continued to rile up Bitcoin supporters today, when she apparently revealed her allegiance to BTC’s No.1 competitor—Ethereum.
Rowling tweeted, “This is getting silly. I’m not joining the Bitcoin community. It should be perfectly obvious by now that I’ve been trolling Bitcoin in the hope of boosting my significant Ethereum holdings.*”
This is getting silly. I’m not joining the Bitcoin community. It should be perfectly obvious by now that I’ve been trolling Bitcoin in the hope of boosting my significant Ethereum holdings. * https://t.co/w9hUNOlsHb
— J.K. Rowling (@jk_rowling) May 18, 2020
But she added, “* This is also a joke.”
Rowling dipped a toe into the cryptocurrency world on Friday, May 15, when she ventured to ask: “What is Bitcoin?” The barrage of replies she received did little to further her curiosity, and within days she had announced her regret at ever mentioning Bitcoin.
"3. Never be flippant about Bitcoin on Twitter," she said today, on a list of things to avoid, adding, "On point 3: my mentions are still full of people trying to get me to buy Bitcoin or to explain it to me. It’s very kind of you, but I swear, I now feel fully educated on the subject.”
—Bitcoin started it all. It was the first cryptocurrency, and it launched an industry that now includes thousands. But who invented it, how does it work, and why is it so important? What is Bitcoin? Bitcoin (BTC) is a peer-to-peer cryptocurrency. Think of it as a digital token. You can't physically touch or hold Bitcoins, and all Bitcoin transactions are logged on a public, decentralized, immutable ledger. The first official purchase using Bitcoin was for pizza in May 2010. Two pizzas from Papa...
Ethereum, launched in 2015, is currently the second largest cryptocurrency in the world, with a market cap of over $23 billion. Co-founded by Vitalik Buterin, Ethereum pioneered the use of smart contracts, and is expected to undergo a major scaling upgrade in the coming months and years.
Rowling’s sudden entrance to the cryptocurrency corner of Twitter caused a lot of commotion over the weekend. Two CEOs of the largest cryptocurrency exchanges in existence were universally shamed for their perceived failure in drawing Rowling further into crypto.
At one point, Coinbase CEO Brian Armstrong replied to a fake JK Rowling account which had pretended to buy $100 worth of Bitcoin. Besides suffering the indignity of replying to a fake account—a common scam technique in crypto—the CEO was also deemed to have been too eager to shill what one onlooker called his “shitcoins.”
Harry Potter author J.K Rowling suddenly entered into the world of cryptocurrency this weekend, when she took to Twitter to find out about this crazy thing called Bitcoin. But after the replies she received from industry leaders, one wouldn’t blame her for her decision to leave Bitcoin-world just as quickly as she entered. In one embarrassing exchange, Coinbase CEO Brian Armstrong responded to a fake J.K Rowling account which proclaimed they had just bought $100 worth of Bitcoin. Armstrong urged...
Meanwhile, CEO of Binance, Changpeng Zhao (CZ), swiftly deleted a tweet which said, “Give a woman a fish and you feed her for a day; teach a woman to fish and you feed her for a lifetime. Not that you still need feeding, but…”
Rowling’s continued willingness to engage with the cryptocurrency community—albeit in a joking way—could be a sign that she’s warming to it. And now that she’s familiar with the top two cryptocurrencies, is it time for Harry Potter to become a crypto bro?
Why did Joseph Maldonado-Passage, better known as Joe Exotic from the viral Netflix docuseries “Tiger King,” debut a meme coin on Solana from prison earlier this week? “I’m knee-deep in lawyer bills,” he told Decrypt in an interview, claiming the endeavor will also benefit children through donations to a nonprofit called Operation Smile. The 62-year-old, who has lived behind bars for seven years, didn’t launch the meme coin himself. Instead, he said his lawyers helped him get “Official Tiger Kin...
Bitcoin swung up and down—as usual—over the last week, and while things were looking up midweek, familiar inflation fears helped sink the price by the time Friday rolled around. The coin's price was recently at $82,480 per coin, according to CoinGecko, after hitting a nearly three-week high of $88,474 on Monday. As of this writing, Bitcoin is now down by almost 2% on the week. Bitcoin's dip came after the U.S. Commerce Department reported Friday that the core Personal Consumption Expenditures Pr...
A high-ranking official in Brazilian President Luiz Inácio Lula da Silva's administration declared Tuesday that a potential strategic Bitcoin reserve would be "determinant for our prosperity" and "in the (country’s) public interest." Pedro Giocondo Guerra, chief of staff to Vice President Geraldo Alckmin, made the remarks while officially representing the federal government at a congressional ceremony. Debating the establishment of a sovereign bitcoin reserve rigorously is a matter of public int...
