Wednesday, November 30, 2022
HomeCrypto NewsMarketKanye West Becomes Bitcoiner After A Kick From JP Morgan

Kanye West Becomes Bitcoiner After A Kick From JP Morgan

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Kanye West Spotted Wearing A Satoshi Nakamoto Cap As He Is Set To Purchase Parler, A Crypto-Friendly Social Media Platform.

Ye donned a Satoshi Nakamoto print cap for the second time recently.

MailOnline, the web version of the Daily Mail UK, in a recent report on Monday, spotted Kanye West, also known as Ye, wearing a Satoshi Nakamoto cap in recognition of the pseudonymous Bitcoin creator.

It bears mentioning that it is the second time that the controversial rap music and fashion icon has recently been seen donning a Satoshi Nakamoto print. In a previous photo that made the rounds on Twitter, the billionaire is spotted wearing the Satoshi Nakamoto cap and a matching shirt. The new look comes after JP Morgan cut ties with the rap star.

While JP Morgan gives no apparent reason for this, many people, including Ye, speculate that it is due to recent perceived anti-semitic comments.

The rap star can be seen and heard expressing his frustration over how he was treated by the banks in an unreleased Drink Champs podcast episode. Notably, during the conversation, it is highlighted that the artist has not broken any law, and the banks should not play judge or jury.

The move by the bank appears to be the latest in a trend of financial censorship that has taken root in traditional finance. Notably, crypto industry leaders like Charles Hoskinson believe these actions will ultimately push more people to crypto and the world of decentralized finance. According to Hoskinson, the banks are doing the advertising for crypto.

It is worth noting that the artist is set to buy the perceived crypto-friendly social media platform Parler after being kicked off Instagram and Twitter.

The platform, which has become the go-to for right-leaning Americans with views that are not perceived as mainstream, launched its NFT marketplace on Solana in March called DeepRedSky. The platform’s first collection was dedicated to former American president Donald Trump, who Ye openly supported.

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Mark Brennan
Mark Brennan
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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