YG is seen in a music video holding a cold storage device with a screen for a wallet application that has more than $30.6 million worth of digital currency in it.
Keenon Dequan Ray Jackson, a rapper who goes by the name YG, appears to show off a fat $30 million stack of Bitcoin (BTC) in his latest music video.
The reveal appears to be either an eye-watering, but possibly fake, flex, or a bit of product placement, as a cold storage device from Ledger is featured prominently in the video. The social team was on it as well.
The music video for the song “Scared Money” has a scene with J. Cole and Moneybagg Yo, YG are seen holding a wallet with a screen for a wallet application with more than $30.6 million in it.
While the image could have easily been faked, rappers are known for flaunting their wealth and success, and this song has a theme focused on spending money, investing and wearing half a million dollars worth of jewelry around one’s neck.
YG mentioned owning digital gold in multiple other songs such as “Big Bank” from 2018, and also in an interview with Rollingstone from mid-2021.
YG said that he liked the simplicity of investing in the asset class without being distracted from his music career. In the real estate market, he would have to spend a lot of time working and learning to do it successfully.
“I f*ck with Bitcoin […] I got Ethereum recently and I got Dogecoin recently but I’ve had Bitcoin for about three years […] Bitcoin came around and it was like ‘what?’ and I can just do it and it turns into that?” he said in reference to the booming price of the asset last year.
The chance of all these ending in 0 and the cents ending in.00 is incredibly low, according to a post on the r/Bitcoin subreddit. This is not true.
The layout of the ledger app is not the reason it is fake, according to user AKeveryday.
Other users saw the funny side of YG’s antics, with one doing the math on the lyrics from the Big Bank song when it was priced around $7,000.
“In YG’s song Big Bank, he says ‘I might buy her red bottoms with the crypto- 3 coins that’ll pay your whole semester…’ the song was released on 5/25/2018 when BTC was $7,459 at close. So presumably YG paid $132,000 by today’s conversion for a girl‘s semester at what I’m assuming was University of Phoenix. I think about this a lot.”
Over the last few years, there has been a strong cohort of rappers who have made heavy plays in the sector. Other well-known figures to jump on the gravy train include Meek Mill, who snapped up Dogecoin (DOGE) amid the hype last year, Nas, who tokenized his music as NFTs earlier this year and Post Malone.
Featured photo source unsplash.com