Kim Kardashian promotes Bitcoin: Reality television star Kim Kardashian-West announced to her 114 million Instagram (IG) followers that she staked a physical Bitcoin (BTC) in a charity poker event in LA last night.
West’s sisters, Kendall Jenner and Khloe Kardashian, along with their mother Kris Jenner, hosted a table at yesterday’s ‘If Only’ Texas Hold’Em Charity Poker event. This charity event was geared towards raising funds for the City of Hope, a nonprofit clinical research and treatment center for cancer.
Kim Kardashian Promotes Bitcoin
During the poker event, Kim Kardashian West video recorded all of her poker chips showing how much she had put into the event. The next video showed that she had “moved onto Bitcoin.”
Crypto entrepreneur Matt Roszak attended the City of Hope event and claimed that he gave Kardashian-West the physical Bitcoin shown in Kim’s IG pictures above.
Big fun at the First Annual @cityofhope Charity Poker Tournament — also gave @KimKardashian her very first #bitcoin — KardashianCoin, YeezyCoin? — check out #tokenizationofthings: https://t.co/hvWphu6Wxm pic.twitter.com/fOdxDe4jO7
— Matthew Roszak (@MatthewRoszak) July 30, 2018
Obviously, Kim Kardashian isn’t actually using Bitcoin (BTC) as a poker chip, as BTC is a form of digital currency, rather than a physical coin. Still, she holds 114 million followers on Instagram that have potentially just been introduced to Bitcoin for the very first time.
The rest of the TV star’s IG story, however, had nothing to do with cryptocurrency and more to do with how “skinny” she looked—figures. We should see this as a win for crypto, despite the short mention and zero explanation.
Bitcoin (BTC) Movement
According to CoinMarketCap, Bitcoin (BTC) didn’t see a spike in price within the last 24 hours as one would have expected from the celebrity endorsement. It may have been that Kim’s viewers had no idea how to even invest in Bitcoin.
At press time, BTC is trading at $8,048.22 a coin, down -1.77%, in 24 hours.
Featured Image: Twitter