‘Pump It Up’ Rapper Joe Budden Pumps Bitcoin With Pomp
Joe Budden, the one-time rapper and Eminem affiliate turned podcaster, joined noted crypto booster Anthony Pompliano today to talk Bitcoin. Here's what happened.
It’s a big day for Joe Biden, who was just sworn in as the 46th President of the United States—but let’s not forget about Joe Budden, the one-time rapper and Eminem affiliate whose podcast remains one of the weirder cultural artifacts from the last decade.
Crypto booster Anthony Pompliano swung by Budden’s show for a far-reaching conversation about cryptocurrencies, and used the opportunity to spread the BitcoinBitcoin gospel.
The episode was called “Pomp It Up”—a reference to Budden’s 2003 song “Pump It Up.”
Budden said that he first became interested in Bitcoin after scoring a sponsorship deal with Cash App, the digital payments service run by Square and Twitter CEO Jack Dorsey, who’s been vocal about his support of crypto in the past.
“Let’s pretend that I took a portion of one of my deals in Bitcoin,” mused Budden. “How conservative or non-conservative should I be in that regard. And how stupid would I be to do that?”
Pompliano replied with some transparently unsound advice: “You should take 100% of your deal in bitcoin, and don’t sell it, and you will be an absolute gangster 10 years from now.”
Budden neglected to mention whether he was being specifically paid to shill for Bitcoin, though the timing of this crypto-focused segment (which comes just a couple months after the Cash App sponsorship) leaves it something of an open question. Cash App recently teamed up with Megan Thee Stallion for a promotional Bitcoin giveaway on Twitter.
In a new tweet, rapper and songwriter Meek Mill encouraged his 10 million+ followers to get on board with cryptocurrencies.
Quoth Meek: “I need everybody that rock wit me to learn about stocks and crypto currency!!!!!! ASAP!!!!!!”
I need everybody that rock wit me to learn about stocks and crypto currency!!!!!! ASAP!!!!!!
— Meek Mill (@MeekMill) January 8, 2021
Meek (real name Robert Rihmeek Williams) followed it up with a similarly breathless post: “I don’t know how much money I got... I just...
Budden’s seeming embrace of Bitcoin is part of a larger trend in hip-hop: the late Nipsey Hussle was advocating for the asset before his death in 2019, and Meek Mill has promoted cryptoliteracy on Clubhouse, as part of a weekly conversation called Culture Currency.
“I fuck with people, Pomp, that think outside of the box,” said Budden. “And to really grasp this, I guess I have to really think outside of the box.”
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
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