The Pay Me In Bitcoin motion has a brand new member, Meek Mill. Through an Instagram story, the celebrity rapper introduced that he desires to receives a commission in Bitcoin. If profitable, Meek Mill will observe Atlanta MC Money Man’s footsteps. Money Man just lately received a $1M advance in Bitcoin from file label Empire, and thus grew to become the primary rapper to take action. But again to Meek Mill, he’s been vocal about his discomfort along with his present contract state of affairs.
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According to HipHopDx:
“The Dream Chasers chief aired out his label points on Twitter final month, claiming he hasn’t seen a single penny from his contract. He additionally revealed he doesn’t know the scale of the reduce his label has been taking off his earnings.
“I haven’t get [sic] paid from music and i don’t know how much money labels make off me,” Meek wrote in a since-deleted tweet. “I need lawyers asap!!!”
And now, Meek Mill desires Bitcoin. The principal approach to opt-out of all conventional methods.
BTC worth chart for 11/10/2021 on OkCoin | Source: BTC/USD on TradingView.com
Meek Mill, Cryptocurrency Investor
A couple of months in the past, additionally by way of an Instagram story, Meek Mill disclosed his first crypto funding. The celebrity rapper posted a screenshot of a $50K order for Dogecoin, and wrote: “I just grabbed some doge I’m tired of missing out.” That funding hasn’t paid out properly up to now, the 92,411 DOGE he purchased are price $23.7K on the time of writing. Is that the rationale Meek Mill is switching to Bitcoin, the king of the jungle? Or is it simply due to Money Man’s deal?
Speaking of that, Money Man received his advance by way of CashApp. A product of Jack Dorsey’s Square. And Empire introduced that its artists now had the choice to receives a commission in Bitcoin in the event that they so select. Is Meek Mill hinting that he may signal with Empire subsequent? Is that what that is about?
The Pay Me In Bitcoin Movement
Last yr, through the historic Bitcoin 2021 convention in Miami, Money Man was a part of the Pay Me In Bitcoin panel. It’s nice to see that he adopted by way of with the concept. Other notable contributors have been Strike’s Jack Mallers and NFL star Russell Okung, who got here up with the Pay Me In Bitcoin concept within the first place.
Of course, Bitcoinist reported on the Pay Me In Bitcoin story earlier than it was cool. At the time, we stated:
“Just yesterday, Okung tweeted that “A couple of players are hitting me up about Bitcoin. Yes, I’m serious!”
But this is a bit more than simply team-mates concerned about their buddy’d new interest. You see, Okung is a Vice President of the NFL Players Association, a physique which “assures proper recognition and representation of players’ interests.”
If anyone can push this name for salaries paid in BTC, it needs to be him.”
And now, they could have Meek Mill on their ranks. Not solely that, however Jack Mallers additionally adopted by way of with the guarantees he made in that panel and turned the Pay Me In Bitcoin meme right into a characteristic within the Strike app. In his announcement post, Mallers stated:
“Today I am unbelievably excited to announce and publicly release Pay Me in Bitcoin with Strike. Today, Strike users can use their account and routing numbers to enable direct deposit to their account and configure any amount of the incoming money to be converted into bitcoin, with no fees.”
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So yeah, Pay Me in Bitcoin is an entire motion. Does Meek Mill know what he’s stepping into? Will this man be orange-pilled by Money Man or Okung and turn out to be the following Michael Saylor? Tune in to Bitcoinist for the following episode on this unbelievable saga.
Featured Image: Screenshot of Meek Mill's Bitcoin Instagram story | Charts by TradingView