As the popularity of Bitcoin grows, more celebrities, athletes, and companies are becoming involved in what was once mostly a technological space.
Ryan Reynolds, a Hollywood actor and MNTN chief creative officer, spoke with Bloomberg Markets’ Emily Chang about his thoughts on cryptocurrencies.
While Reynolds refused to clarify whether or not he owns cryptocurrency, he did remark that he sees “value in the conversation” about digital assets and that companies are doing an amazing job of making them safer while introducing them to the masses.
He stated, “
โI do see value in the conversation that weโre having right now. I think companies are doing a good job of bringing it into a sort of safer more mainstream light.“
It’s worth noting that while the Hollywood star knows why some people are sceptical of cryptocurrency, he feels it’s “emerging as a huge player” in the financial sector.
โI mean 90% of the word crypto is crypto so you know I see why certain folks might be put off or intimidated by it. But I think itโs emerging as a huge player. I mean itโs been emerging for a long time. Itโs a huge player so Iโm not surprised.โ
Due to the rising popularity of Bitcoin, an increasing number of celebrities are using it to buy and sell real estate and get their income.
For example, well-known lawyer Tony Buzbee said earlier this month that he will accept Bitcoin as payment for his $27 million Houston house, and UFC heavyweight champion Francis Ngannou accepted Bitcoin as payment for his match purse in January.
Finally, the actor stated that he expects the sector to develop even more in the future as the digital assets business continues to grow, with many companies embracing trends such as NFTs, Metaverse, and others.
During the Super Bowl, a number of organizations, including the Coinbase cryptocurrency exchange, ran expensive commercials that drew millions of visitors to a website that couldn’t manage the traffic.