The Cash App, a Bitcoin-focused payment app from US financial company Square, teamed up with Grammy-nominated rapper Megan T. Stallion to donate $ 1 million in bitcoin (BTC).
Megan announced her promotional campaign via Twitter on December 17th. At the time of writing, the post has received over 60K likes and 8,800 Retweets. The rapper encouraged his followers to post “#BITCOINMEG” to participate in the draw.
The letter does not explain how much BTC each person will receive, saying, “I give a million dollars of Bitcoin to as many beauties as possible.” The numerous Twitter responses include screenshots of the winners saying they have received 50,000 Satoshi each, valued at approximately $ 11.40 as of this writing.
Many of Meg’s followers appear unaware of the value of bitcoins that individual users receive, with responses to her posts containing ultrasound images of unborn babies, links to college order forms, various error stories and pictures of smiling babies. They gathered around the Christmas trees to beat the rapper’s strings.
One user claimed to have bought Telsa, and misunderstood that he would be getting $ 50,000.
Amid cries for help, computer scientist William Clement III urged Megan’s supporters to rein in newly discovered Satoshi by sharing an image describing DM inflation versus gold over the past century, along with a request:
“do not search! It is all about understanding Bitcoin better. Dollars are rubbish. 30% of all dollars were printed this year. On the other hand, the new BTC delivery rate decreased by HALF. Bitcoin will grow exponentially against the dollar because it is rare. ”
The campaign appears to have been largely successful in encouraging adoption of Bitcoin and Cash apps among non-cryptocurrencies, with many Meghan fans claiming to have downloaded the Cash app only for withdrawal and others indicating that they intend to continue. He researched cryptography after receiving his first Satoshi.