Twitter loses its mind over rapper's '$1M Bitcoin giveaway' ... worth $11 each

Twitter loses its thoughts over rapper’s ‘$1M Bitcoin giveaway’ … price $11 every

Money App, the Bitcoin-friendly funds software from U.S. monetary companies firm Sq., has teamed up with Grammy-nominated rapper Megan Thee Stallion on a $1 million Bitcoin giveaway.

Megan introduced the promotional marketing campaign by way of Twitter on Dec. 17. The put up has acquired greater than 60,000 likes and eight,800 retweets on the time of writing. The rapper inspired her followers to put up “#BITCOINMEG” with a view to be part of the giveaway.

The put up doesn’t make it clear how a lot BTC every individual will obtain, saying: “I am giving $1 MILLION in Bitcoin to as many hotties as I can”. Quite a few replies on Twitter characteristic screenshots from winners indicating they’d acquired 50,000 satoshis every (price roughly $11.40 as of this writing).

It seems that a lot of Meg’s followers will not be conscious of the worth of the Bitcoin particular person customers obtain, with replies to her put up containing ultrasound pictures of unborn infants, hyperlinks to varsity software varieties, a wide range of arduous luck tales, and photographs of smiling youngsters gathered by Christmas bushes in a bid to tug on therapper’s heartstrings.

One consumer claimed to have bought a Telsa after misreading that he would obtain $50,000.

Amid the cries for help, pc science main ‘William Clememte III’ urged Megan’s followers to hodl their new-found satoshis, sharing an picture detailing the inflation of German Marks relative to gold over the previous century alongside the plea:

“Don’t convert! The entire level of that is to lift perceive of bitcoin. {Dollars} are rubbish. 30% of all {dollars} have been printed THIS yr. Alternatively, the speed of recent provide of BTC lower in HALF. Bitcoin will develop exponentially agains the greenback as a result of it’s scarce.”

The marketing campaign seems to have been largely profitable in its purpose of driving Bitcoin and Money App adoption amongst non-crypto natives — with a lot of Megan’s followers stating they downloaded Money App completely to take part within the giveaway, and others indicating they nintend to analysis crypto additional after receiving their first satoshis.