Photo: Bloomberg (modified) An amazing new era in the world of finance starts today. The greatest artist in human history, Kanye West, has just revealed that he is officially backing a cryptocurrency. So move over US dollar, there is a new king of currencies and its name is Coinye.
As you may remember, Coinye was a project that Kanye got effectively killed by launching a trademark infringement lawsuit against its developers back in 2014. Now he is relaunching the cryptocurrency as a merge between Bitcoin and Ethereum, based on a ‘Proof-of-Awesomeness’ and backed by Kanye’s singles.
Speaking with Finance Magnates about the vision, the artist said: “Just imagine a smart contract that automatically orders you baby diapers nine months after you listened to one of my love songs. This is revolutionary thinking right here, and it’s all backed by my music, which is far more valuable than gold!”
The apparent reason for the move is that Kanye is in debt to the tune of $53 million, as he recently revealed publicly. Kanye offered an opportunity to Mark Zuckerberg to invest in his brilliant ideas and cover his expanses but as he reached out using twitter and not Facebook the pimpled billionaire declined. However, by pre-mining the new Coinye, all his material wants will be fulfilled. Mark Zuckerberg invest 1 billion dollars into Kanye West ideas — KANYE WEST (@kanyewest) 14 בפברואר 2016 after realizing he is the greatest living artist and greatest artist of all time. — KANYE WEST (@kanyewest) 14 בפברואר 2016 I know y’all tired of music controlled by money and perception. I’m proud of every dime of debt I got. — KANYE WEST (@kanyewest) 15 בפברואר 2016 Bars are worth more than money because it’s something the people can use everyday to feel inspired. — KANYE WEST (@kanyewest) 15 […]
