Retail Is Coming: Game of Thrones star asks Twitter if she should long Bitcoin ๐จ This article is 4 years old...
Retail Is Coming: Game of Thrones star asks Twitter if she should long Bitcoin
2 min read
Updated: Nov. 16, 2020 at 10:07 pm UTC
It appears that we’re in the part of the Bitcoin bull run where celebrities want in on our favorite orange coin.
Joining a number of other prominent celebrities, “Game of Thrones” star Maisie Williams recently asked her Twitter followers if she should buy the leading cryptocurrency.
Arya Stark actress asks if she should buy Bitcoin
Williams, the actress behind the “Game of Thrones'” Arya Stark, asked her nearly three million followers earlier today if she should “go long on bitcoin.”
The Twitter poll asking this question has 80,000 responses thus far: 60% say she should buy BTC, the rest say she shouldn’t.
should i go long on bitcoin ?
— Maisie Williams (@Maisie_Williams) November 16, 2020
Both her fans and members of the cryptocurrency community have responded to the tweet.
Barry Silbert, CEO Of Digital Currency Group, told Williams to “check out Grayscale,” the digital asset fund manager. What’s funny about this comment is that in the “Game of Thrones” world, there is a disease called Greyscale.
Others in the space have expressed similar enthusiasm.
Some of her fans, though, responded with confusion. Some argued that Bitcoin is “bad for the planet” while one of her fans said that they thought the cryptocurrency was just a “meme.”
Williams’ comment about Bitcoin comes shortly after other A-list celebrities also expressed their interest in the coin.
Now-retired rapper “Logic” made a “big investment” in BTC earlier this month, which he announced on Twitter.
My manager @ChrisZarou has been bugging me so I finally made a big investment in #Bitcoin
— Bobby Bishop (@Logic301) November 6, 2020
And a few days prior to that, Kanye doubled down on his love for Bitcoin in an interview with Joe Rogan.
Retail is coming
Whether or not Williams buys Bitcoin, one thing is for certain: she just exposed hundreds of thousands, maybe even millions, to the cryptocurrency market.
As CryptoSlate reported previously, the ongoing Bitcoin rally to nearly $17,000 now has been predicated on institutional volumes, with little interest from retail investors. Instead of mom and pop investors buying cryptocurrency, it is firms such as Stone Ridge Asset Management and MicroStrategy, along with investors like Stan Druckenmiller that are buying Bitcoin.
With retail investors having driven the 2017 rally to $20,000, the current lack of retail interest in BTC means there is a large amount of capital on the sidelines that could enter the cryptocurrency markets with the help of celebrities like Williams.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Digital Currency Group
Digital Currency Group’s mission is to accelerate the development of a better financial system.
Barry Silbert, recognized as a foundational figure in the cryptocurrency landscape, serves as the CEO and founder of Digital Currency Group (DCG).
