Guardian, money and numbers, never a happy combination:
I don’t know what that means. In 2014, 50 Cent released an album called Animal Ambition, and he allowed fans to purchase it using cryptocurrency.
I have never heard of this album. Don’t worry, nor has anyone. The rapper made only 700 bitcoin from the scheme.
That isn’t a lot. Well, it wasn’t. But he apparently forgot to do anything with those 700 bitcoin, and now they have a value of almost $8m (£5.6m).
That’s stupid. I don’t even know how money works any more. What makes it stranger is that 50 Cent filed for bankruptcy in 2015.
Wait, he was broke? Well, at the time, he did Instagram himself sitting next to the word “BROKE” spelled out in piles of $100 bills, so who am I to argue?
But now he is rich again? This is apparently how 50 Cent operates. Before his bankruptcy, he reportedly made $100m when Vitamin Water – one of his early investments – was sold to Coca-Cola. But then he lost all his money. And now he is rich again, all because he forgot about a cryptocurrency that is in the grip of an unsustainable paroxysm of hyperinflation.
Not really sure that something which rises in value is in the grip of inflation. Well, yes, inflates in value, guess so, but usually not used in reference to money, rather the opposite.