The Pay Me In Bitcoin motion has a brand new member, Meek Mill. By an Instagram story, the famous person rapper introduced that he needs to receives a commission in Bitcoin. If profitable, Meek Mill will observe Atlanta MC Cash Man’s footsteps. Cash Man lately obtained a $1M advance in Bitcoin from report label Empire, and thus turned the primary rapper to take action. However again to Meek Mill, he’s been vocal about his discomfort together with his present contract state of affairs.
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In accordance 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 that i don’t know the way a lot cash labels make off me,” Meek wrote in a since-deleted tweet. “I would like attorneys asap!!!”
And now, Meek Mill needs Bitcoin. The principle option to opt-out of all conventional methods.
BTC value chart for 11/10/2021 on OkCoin | Supply: BTC/USD on TradingView.com
Meek Mill, Cryptocurrency Investor
A number of months in the past, additionally by means of an Instagram story, Meek Mill disclosed his first crypto funding. The famous person rapper posted a screenshot of a $50K order for Dogecoin, and wrote: “I simply grabbed some doge I’m bored with lacking out.” That funding hasn’t paid out properly thus far, 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 Cash Man’s deal?
Talking of that, Cash Man obtained his advance by means of CashApp. A product of Jack Dorsey’s Sq.. 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 Motion
Final yr, in the course of the historic Bitcoin 2021 convention in Miami, Cash Man was a part of the Pay Me In Bitcoin panel. It’s nice to see that he adopted by means of with the thought. Different notable members had been Strike’s Jack Mallers and NFL star Russell Okung, who got here up with the Pay Me In Bitcoin thought within the first place.
In fact, Bitcoinist reported on the Pay Me In Bitcoin story earlier than it was cool. On the time, we mentioned:
“Simply yesterday, Okung tweeted that “A few gamers are hitting me up about Bitcoin. Sure, I’m critical!”
However this is a bit more than simply team-mates fascinated about their buddy’d new passion. You see, Okung is a Vice President of the NFL Gamers Affiliation, a physique which “assures correct recognition and illustration of gamers’ pursuits.”
If anyone can push this name for salaries paid in BTC, it must be him.”
And now, they might have Meek Mill on their ranks. Not solely that, however Jack Mallers additionally adopted by means of with the guarantees he made in that panel and turned the Pay Me In Bitcoin meme right into a function within the Strike app. In his announcement post, Mallers mentioned:
“As we speak I’m unbelievably excited to announce and publicly launch Pay Me in Bitcoin with Strike. As we speak, Strike customers can use their account and routing numbers to allow direct deposit to their account and configure any quantity of the incoming cash to be transformed into bitcoin, with no charges.”
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So yeah, Pay Me in Bitcoin is a complete motion. Does Meek Mill know what he’s entering into? Will this man be orange-pilled by Cash Man or Okung and turn out to be the subsequent Michael Saylor? Tune in to Bitcoinist for the subsequent episode on this unbelievable saga.
Featured Picture: Screenshot of Meek Mill's Bitcoin Instagram story | Charts by TradingView