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The Cases of Bitcoins and Quite a few Famous Celebrities
There have been numerous scams about celebrities and famous personalities investing in and using cryptocurrencies like the Bitcoin currency. Most of the time, it is done to increase the popularity of cryptocurrencies, so that the people would be interested in it as well as interest and trade in it. The cryptocurrencies as well as their exchange platforms and trading centers require investments to keep functioning and stay in business. Not to mention, sometimes scammers and fraud businesses also use the name and faces of different public-approved personalities to trap people and take their money to be used for their heinous purposes.
It is an unfortunate truth that many well-known personalities have been untruthfully rumored to be associated with the Bitcoin cryptocurrency and investment in it. Through advertisements, news articles, social media posts, search engines, emails, etc, scammers or other such people attempt to convince the public that some of the celebrities or well-known people gained their riches by the method of investments in Bitcoins or another cryptocurrency. And sadly, a lot of people are convinced after finding all of this on the internet. They come in contact with the scammers unknowingly and lose their money.
Therefore, it is crucial to stay and remain aware of when, where, how, and how much to invest. One should be extremely careful not to be fooled just by coming across an article or a post that claims that one could become as rich as these celebrities by investing and trading in cryptocurrencies. As already mentioned, there are articles and rumors about a lot of famous people who have invested in Bitcoins or any other cryptocurrency. One of them is Richard Branson.
Who is Richard Branson?
Sir Richard Changes Nicholas Branson is the founder of the Virgin Group and he is an English author, investor, and business magnate. His group today owns controls, manages, and handles more than 400 different companies which are working in and belong to different fields.
His brand got enormous popularity in the 1980s. Following this growing popularity, he opened the Virgin Atlantic Airline and grew the Virgin Records music label. He also founded the Virgin Rail Group in 1997 and the Virgin Galactic in 2004. Richard Branson was knighted in March 2000 in the Buckingham Palace for his services to entrepreneurship. He has also been listed among the Top 100 Most Influential People of the World list. Forbes estimated his net worth to be around £4.2 billion.
Does Richard Branson invest in Bitcoins?
These spams have taken place through famous news sources and well-known brands like The Daily Mirror, even though it happens to be one of the United Kingdom’s most famous and legitimate sources of news and articles. But in the end, all these articles, news, and posts are just the same things – scams. They are out to trap people, get them to give over their money, and con them. Staying cautious and careful is of vital importance while dealing with such situations.
What does Richard Branson actually say about the Bitcoin cryptocurrency?
He proceeded to say that, “I have written several times warning people about the growing problem of fake stories online linking me to get-rich-quick schemes, fake pages, misleading ads, false endorsements, and fake binary trading schemes.”
He cautioned against believing all those stories about him getting rich through investing in Bitcoins. He also mentioned that these are just the lies spread by scammers to find potential victims.
When the concept of Bitcoins and cryptocurrencies was first given, Richard Branson had been both interested and fascinated by it. He gave due credit to the idea. He still believes that it is a good way to earn and profit, but only if one is capable of differentiating between genuine and fraudulent organizations and platforms. It is necessary for the public to remain aware and cautious about where and with whom they entrust their money to. There are also lots of Forex Affiliate Programs using which you can make more money.
But Richard Branson is not the only famous personality with whose name the Bitcoin currency had been attached. There are many celebrities who have had to suffer from the same. These include, but are not limited to, Gordon Ramsay, Holly Willoughby, Akshay Ruparelia, Martin Lewis, and many more. Just the mention of these celebrities is sometimes enough to convince people to do anything. People, in their desire to gain riches or do something similar to something their favorite celebrities have done, agree to invest their money without applying their minds properly and thinking about the pros and cons of what they are about to do. It is vital for one’s financial safety that one must be clear about all aspects of a trade before investing.