Bitcoin

Out of context: Reply #1142

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  • sarahfailin2

    50 Cent "forgot" he accepted bitcoin as payment for his 2014 album "Animal Ambition." The bitcoins are now worth more than $7.4 million

    https://www.npr.org/sections/the…

    sarahfailin 2Permalink
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    • no. way.Gnash
    • Thats ridiculous. Good for him.R_Kercz
    • that is a greatfadein11
    • Haha, nice..set
    • Seems like a shit deal for an album at the time, no? I’d figure a guy like that would want to get paid for his release, and wouldn’t just forget about it.monospaced
    • ^ i believe it was for CD sales -- people could buy them with bitcoinsGnash
    • Isn’t he on a label? Wouldn’t he just get paid? Anyway, I’m purely speculating. I don’t know shit about what actually happened.monospaced
    • Good for him, if anyone needed the money it's this guy lol
      https://youtu.be/GeL…      yuekit
    • Mono, a small percentage of people paid for their album with bitcoins....set
    • And those bitcoins went straight to 50 cent, not the vendor selling the albums? I just haven’t heard of a major artist getting paid directly like that.monospaced
    • Artists do direct releases all the time mono. Radiohead being one example. Not much money in releasing music nowfadein11
    • Unless some pop bag of wank but still its reversed now, release music to tour not tour a releasefadein11
    • cool, good to hear that artists are now getting 100% of sales, not the typical small cutmonospaced
    • That's pretty fucking amazing. I like the wrap up – "he got rich and didn't die trying"DaveO
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