2 years ago
- American rapper Kanye West was seen wearing a Satoshi Nakamoto chapeau pursuing the termination of his relationship by JPMorgan Chase.
- West has not publically stated immoderate enactment for Bitcoin, but the arguable fig whitethorn beryllium looking elsewhere aft helium was canceled arsenic a client. The rapper’s caller arguable statements led to the termination.
- West had filed for a trademark relating to NFTs and the metaverse earlier this year.
In what tin lone beryllium described arsenic an absorbing crook of events, American rapper and personage Kanye West was spotted wearing a “Satoshi Nakamoto” chapeau — not agelong aft concern bank, JPMorgan Chase ended its narration with him.
Kanye West successful Satoshi Hat: DailyMailImages of West wearing the Satoshi that are making the rounds connected societal media, and naturally, the crypto assemblage is abuzz with discussion. The improvement is particularly absorbing fixed the information that JPMorgan Chase cut ties with the rapper pursuing immoderate arguable statements that helium made.
West has until November 21 to transportation his funds, though it remains to beryllium seen if crypto volition beryllium progressive successful immoderate way. Following the bank’s decision, helium said that helium was “the richest Black antheral successful American history, that enactment $140m successful JPMorgan” and that “they treated [him] similar s***.”
West has ever been a arguable figure, but helium has sizeable power implicit societal media and is simply a selling accidental astir crypto projects would eagerly privation to pat into. Whether helium really announces thing related to Bitcoin remains to beryllium seen, but the crypto assemblage is connected tenterhooks.
It wasn’t agelong earlier the crypto assemblage had its accidental connected the matter. Cardano laminitis Charles Hoskinson commented connected the quality by saying that banks bash a “pretty bully job” of selling crypto for the industry.
People support asking wherefore isn't the cryptocurrency abstraction doing a amended occupation astatine marketing, the reply is that each slope successful America does a beauteous bully occupation of doing it for america pic.twitter.com/OANsCCDPMw
— Charles Hoskinson (@IOHK_Charles) October 17, 2022Incidentally, Kanye’s ex-wife Kim Kardashian has besides been progressive successful the crypto space, albeit not for bully reasons. She promoted what the SEC called a information implicit Instagram, for which she was fined $1 million.
Crypto Community Argues Crypto Can Prevent Censorship
Of course, the crypto assemblage was speedy to constituent retired that the termination of West’s relationship by JPMorgan Chase is not thing that would person happened with crypto. The crypto marketplace and its brethren person often touted a deficiency of censorship and decentralization arsenic the champion features, and they spot West’s cancelation arsenic a lawsuit successful point.
Financial platforms person been receiving an expanding magnitude of criticism lately for censorship and harsh policies, arsenic successful the lawsuit of PayPal. It’s partially wherefore Bitcoin was created, and portion not everyone successful the crypto assemblage supports West unequivocally, they bash spot the value of crypto preventing censorship.
Interestingly, West has dabbled with blockchain-related endeavors before. In June 2022, helium filed a trademark with the patent bureau related to NFTs and the metaverse.
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