Canadian rapper Drake has introduced Bitcoin to a massive audience by sharing a clip from Michael Saylor’s CNBC interview on his Instagram.
Drake’s Bitcoin Endorsement
Drake shared a 15-second clip where Saylor discusses Bitcoin’s superiority over gold and its potential to transform the financial landscape. Drake captioned the post “Michael Saylor on Bitcoin,” reaching over 146 million followers.
Saylor’s Key Insights
In the interview, Saylor emphasizes Bitcoin’s:
- Superiority to gold as a store of value
- Potential to eat away at gold’s market share
- Advantages over gold due to its digital nature and accessibility
- Role in attracting capital towards innovative digital solutions
- Strong intrinsic value, even at higher prices
Drake’s Crypto Involvement
Drake is not new to the crypto world. He is an ambassador for Stake, a crypto gambling site, and has placed significant Bitcoin bets on major events.
- Drake placed a $1.15 million BTC bet on the Kansas City Chiefs in Super Bowl LVIII, winning a substantial payout.
- He recently wagered $615,000 in BTC on boxer Anthony Joshua, who won by knockout.
