Harry Potter Author J.K. Rowling Asks: Please Explain Bitcoin To Me

Harry Potter Author J.K. Rowling Asks: Please Explain Bitcoin To Me

It seems macro investor Paul Tudor Jones shouldn’t be the one billionaire delving into Bitcoin. Today, J.Okay. Rowling — the billionaire writer behind the favored ebook collection “Harry Potter” — dipped her toes within the cryptocurrency world in a shocking method.
Here’s how this attention-grabbing interplay went down.
J.Okay. Rowling Asks About Bitcoin
On May 15th, CoinDesk reporter Leigh Cuen made a half-joking comment that she would “die from happiness” if J.Okay. Rowling ever pinged her.
Surprisingly, the world-famous writer did, and he or she did asking about Bitcoin.
In reference to a different tweet Cuen printed concerning how one other writer messaged her about Bitcoin, Rowling remarked: “I don’t perceive Bitcoin. Please clarify it to me.”

I don’t perceive bitcoin. Please clarify it to me.
— J.Okay. Rowling (@jk_rowling) May 15, 2020

With over 14 million followers, Rowling’s inquisitive response in regards to the world of Bitcoin has already managed to collect 2,200 likes, 500 retweets, and 600 feedback.
Many of those interactions are from folks in crypto trying to persuade her of why BTC issues.
The Block’s Steven Zheng channeled his inside “Harry Potter,” joking that the cryptocurrency is just like the sock that freed the enslaved “Harry Potter” character Dobby.
Others took the extra conventional method of attempting to persuade Rowling of their trigger. Analyst “Ceteris Paribus” mentioned in response to Rowling’s inquiry about what Bitcoin is:
“Like gold, however as a substitute of digging it out of the bottom, computer systems remedy math issues for it. Instead of getting to bodily retailer it in a vault like gold, it’s digital and also you (and solely you) can entry your vault everytime you need, and might ship it globally with out restrictions.”
According to NewsBTC’s fast search of the annals of the web, that is the primary time Rowling has talked about Bitcoin or cryptocurrency in any public setting.
Whether or not Crypto Twitter attempting to persuade her of Bitcoin will end in her turning into , although, stays to be seen.
Celebrities Are Picking Up on Bitcoin
Aside from the billionaire author, there are different notable celebrities and billionaires which have lately tried to get entangled with Bitcoin.
One such particular person is Paul Tudor Jones, a hedge fund supervisor price over $5 billion and regarded to be one of many world’s finest traders.
Last week, Jones revealed that he’s investing his private {and professional} funds into Bitcoin futures as a result of he fears the central financial institution response to the continuing recession will trigger financial inflation:
“I’m not an advocate of Bitcoin possession in isolation, however do acknowledge its potential in a interval when now we have essentially the most unorthodox financial insurance policies in trendy historical past. So, we have to adapt our funding technique. […] At the top of the day, the perfect profit-maximizing technique is to personal the quickest horse. f Iam compelled to forecast, my wager is will probably be Bitcoin.”
Photo by Patrick Tomasso on Unsplash

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