Receives Lots of commentary: Support, Suggestions, NFT Requests and Memes
Actress, producer, entrepreneur – and now a recently, new owner and proponent of the Ethereum (ETH) cryptocurrency. Aside from her characteristically ebullient tweet announcing her purchase there has, as of yet been little verbiage to to expand on her reasoning or perspective on the space.
Also not clear how she arrived at the choice of ETH rather than the obvious #1 crypto BitCoin.
While some twitter reactions were slanted toward the negative, implying that her entry into the space implies some sort of over commercialization that is a sign of impending decline or decay.
This could well be a possibility but there appears to be more going on here beneath the surface.
Though most of the attention toward Cryptocurrencies revolves around speculation on a given coins price vs. the US $, there is much more to the phenom than that very recent trend.
Even after the mania and the get-rich-quick schemes are long gone the use and existence of Bitcoin and Blockchain is likely to go on.
A new cryptocurrency called “Pi” (π) allows anyone to “mine” the currency from a cell phone. With over 23 million “Pioneers” mining the goal of 100 million is in sight and when reached the coin will launch. Until then there is no price for the coin and it can only be earned by mining with your phone.
The egalitarian and decentralized concept behind the coin is new and could take cryptocurrency to a whole new level, all without price speculation being the main driver. Learn more about Pi here.
Witherspoon launched Hello Sunshine back in 2016 to provide a digital space to showcase women storytelling.
The company recently sold, earlier this year, for a whopping $900 million. And it sounds like she’s using some of that payout to test the crypto waters.
The “Legally Blonde” actress took to her social media account to trumpet the news, “Just bought my first ETH! Let’s do this #cryptotwitter”. As of this writing the current price of 1 ETH is $3,942.21 (although prices can fluctuate quickly in either direction).
This is not far off the all time high of over $4100 that was breached in May of this year.
Her tweet was liked instantly by 60k and her followers quickly sky rocketed, now at 2.9 million.
Many took the opportunity to comment on her account giving the actress a taste of Crypto Twitter (which as you read the comments, you can see are quite intense).
Vocal Youtuber, social media star, brother to Jake and “boxer” Logan Paul didn’t waste any time by responding to Reese’s tweet offering her a NFT of the World of Women collection (a project aimed to foster diversity within the NFT space).
This is not likely without a self-promoting aspect as Paul launched his new native ZOO” crypto token for his NFT game called CryptoZoo.
Another high profile blonde added to the Crypto Twitterati conversation with her preferred takes in digital coin.
It’s just more evidence that the crypto future is not going to disappear anytime soon – there are just too many strata of society that are taking a stake in the continued existence and growth of blockchain and crypto.
Other crypto coin users were compelled to let Witherspoon know how they feel, flooding her account with tweets explaining the benefits of competing crypto coins, sending unsolicited pitches for a varie f the obvious choices including Bitcoin and Dogecoin.
DogeCoin is likely best known as the crypto alt-coin that Elon Musk has often championed from his twitter account, along with Mark Cuban and others.
During his stint hosting Saturday Night Live the billionaire (Musk) also broadcast his involvement with the Doge, and has received the moniker “DogeFather” as a result.
- From metaverse to DAOs, a guide to 2021’s tech buzzwords
- Pi is not just the Secret of the Universe, it Might also be the Future of Cryptocurrency
- The September Swoon has Started: Nasdaq drops 2.83%, collapse blamed on bond rate rise
- China Central Bank declares Bitcoin & all crypto transactions illegal
- Kim Kardashian: Marketing Genius or crypto cash-out?: Kim K Alt-coin ad getting unwanted attention from UK
Lynxotic may receive a small commission based on any purchases made by following links from this page
Apple2 months ago
How to Create Custom Icons in macOS 12 Monterey
Climate Crisis1 month ago
With the Failure of Politics, People Are Waking Up to the Realization That They Have a World to Win
Apple2 months ago
Apple 2022 is looming larger than ever after a hyperactive 2021
Business1 month ago
These Real Estate and Oil Tycoons Avoided Paying Taxes for Years
Books2 months ago
How to Unlock your iPhone (or Mac) Using an Apple Watch
News1 month ago
Know This, Trump’s Attempted Coup on Jan. 6 Was Just Practice
Entertainment1 month ago
Matrix 4 Resurrections 2nd Official Trailer is out: Watch Now
Climate Crisis1 month ago
Top US Banks and Investors Responsible for Nearly as Much Emissions as Russia, Report Finds
Climate Crisis2 days ago
It Is ‘Strange,’ Says Greta Thunberg, That Biden Is Seen as a Climate Leader
Crypto2 days ago
From metaverse to DAOs, a guide to 2021’s tech buzzwords
Business2 days ago
A Return to Robo-Signing: JPMorgan Chase Has Unleashed a Lawsuit Blitz on Credit Card Customers