Bitcoin
$10,663.93 4.05%
BTC · 1w

‘Kiss’ Star Gene Simmons May Be Planning To Make BTC, Ethereum More Accessible

KEY POINTS Gene Simmons may be planning to make Bitcoin and Ethereum accessible to everyone He has posted a cryptic response to a tweet about the lack of access to cryptocurrency Bitcoin is garnering mainstream attention this year

"Kiss" bassist Gene Simmons has posted a cryptic message on Twitter which left the cryptocurrency community wondering if the rock star is coming up with a plan to make Bitcoin and Ethereum more accessible.

Simmons' comment was a reply to Cameron Winklevoss, a Bitcoin billionaire and owner of the cryptocurrency exchange Gemini. Winklevoss posted a lengthy Twitter thread on how technology can address racial bias to some extend. He praised decentralized finance or DeFi, a growing area of cryptocurrency that can offer permissionless lending and borrowing. In contrast, loans from banks would entail a lot of requirements to "permit" a person to receive a loan, he said.

Winklevoss said getting people into cryptocurrency is still the industry's biggest challenge. "It's easier to buy Bitcoin and Ether if you are already in the old system. If you don't have a bank account, it's hard to get funds into crypto. We need to change this," he added.

Simmons replied to the post Tuesday with the comment, "I will. I am." It was not clear as to what exactly he meant by that. Cointelegraph tried to reach out to Simmons for further comment but the rock star did not reply.

Simmons' tweet was retweeted 170 times and received 1,300 likes so far. 

Simmons had a positive view of Bitcoin, which he shared in 2017. "I am interested in Bitcoin, but only as a piece of the [investment] puzzle," he told news outlet The Street. Cointelegraph noted how Simmons' cryptic tweet was exactly three years after he made the comment to The Street.

Bitcoin continues to garner mainstream attention. Most notably, J.K. Rowling, author of the popular Harry Potter series, had asked journalist Leigh Cuen on Twitter to explain Bitcoin ...

Continue on ibtimes.com
Recent news
BTC +4.05% · exscudo.com · 1h

Bitcoin ATMs: Beginner's Guide

In this article, we take a look at Bitcoin ATMs and answer the questions, what they are, why they are useful and how to find the one close to you.
BTC +4.05% · cryptopotato.com · 10h

Leaked FinCEN documents reveal that massive banks have transmitted trillions of dollars related to suspicious individuals and known criminals. At the same time, Bitcoin continues to receive the blame for its alleged involvement in criminal activities

Leaked FinCEN documents reveal that massive banks have transmitted trillions of dollars related to suspicious individuals and known criminals. At the same time, Bitcoin continues to receive the blame ...
BTC +4.05% · read.cash · 18h

Bitcoin: A new difficulty record for miners

Bitcoin's mining difficulty broke a new high on Sunday, surpassing August's record by 10%. Remember that the difficulty is a parameter that varies so as to maintain an average time of ten minutes bet....