If Twitter and a rapper speak out for Bitcoin together and also set up a fund, then it will only be a matter of time before more big names of celebrities jump on this bandwagon and the Bitcoin price can no longer be stopped. Twitter founder Jack Dorsey and rapper Jay-z have now announced that they have invested around 500 Bitcoin in an endowment fund. The two of them are initially concentrating on the countries Africa and India, as this is where the global center for software development is located. In order to guarantee “non-interference”, this is a blind trust fund. The aim of this foundation is to establish Bitcoin as the standard currency on the Internet, as the founders assume that the price will continue to grow and will become more and more important in the future. The celebrity investors are still missing three other board members, but since more and more well-known supporters are making positive comments about the crypto currency, they will not be long in coming. Investment risk will continue to exist, but more prominent supporters also mean growing trust among the population.
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