The screaming and exclaiming host of CNBC says that he wants to get paid in Bitcoin. Jim Cramer made this statement on the social media site Twitter. Cramer has previously been a successful hedge fund manager and now hosts a popular show on the CNBC network called MAD Money. Cramer was once among the most blatant crypto sceptics but mellowed down after the peak of last year.
In September, he put his stakes in Bitcoin and has now transformed into a full-fledged bull. He also advises the GameStop retailer to save its sinking markets with the help of cryptocurrency investment. Cramer further remarked that the digital currency market cap is going rapidly from $2 trillion to $3 trillion. In an appearance at another CNBC show, Squawk house, he displayed his trust in the flagship cryptocurrency as a store of value (SoV).
Bitcoin Salaries Making more Sense Now
A few months ago, the highest-paid NFL star Russell Okung announced that he has started to get 50%of his compensation in BTC. At the time, his move was considered premature and ridiculed. However, now it seems like a great idea and a timely decision that has allowed Okung to increase his returns exponentially.
Provided that the predictions of Crammer turn into reality, all the Bitcoin holders are set to get massive gains from their investment decision. Okung made the right call to receive half of his compensation, about $13 million in Bitcoin. The inception of the flagship digital asset in the mainstream investment pool is transitioning at a higher speed than ever.
An Entire Hollywood Movie is Ready to be Sold as an NFT
The famed filmmaker and comic book artist, Kevin Smith, is planning to launch a new movie that would be sold as NFT. The title of the movie is ‘Killroy was here’, and it would be available for the buyers at Jay and Silent Bob’s crypto studio marketplace. Smith is not the first person to sell a Hollywood flick as a Non-fungible token.
Trevor Hawkins has the honour of being the first filmmaker to sell his movie auctioned as NFT. A documentary film about the life of French filmmaker Claude Lanzmann, which is also nominated for an Oscar, was also sold as NFT last month. However, Smith is the first A-lister to join the program. The person who buys the NFT from Smith would also be awarded distribution rights for the movie.