JK Rowlingthe creator of the popular and critically acclaimed Harry Potter series of novels, once expressed genuine confusion about Bitcoin (CRYPTO: BTC)which invites a flood of explanations from prominent figures of the cryptocurrency world.
Crypto Community explains BTC to Rowling
On May 15, 2020, Rowling was tagged in a Bitcoin-related post on Twitter, now called X.
“I don’t understand Bitcoin. Please explain it to me,” the British novelist asked curiously. This post quickly went viral and attracted thousands of comments from cryptocurrency enthusiasts.
Among the many commenters was: Vitalik Buterineearly blockchain pioneer and co-founder of Ethereum (CRYPTO:ETH).
“It’s a digital currency. There are about 18 million units of it. It’s not backed by anything, it’s just valuable because it is, just like collectibles,” Buterin explains.
Tron (CRYPTO:TRX) founder Justin Sun went a step further and referenced Rowling’s books to illustrate the idea. He described Bitcoin as a “magic currency” that “Dumbledore” does not understand, but that “Harry Potter” is fascinated by.
See also: Attention Bitcoin, Ethereum and Solana traders! Avoid overtrading, wait for these clear levels
‘Say no more’
Despite the effort, Rowling found the explanations overwhelming and eventually said, “I don’t think I trust this.”
“Things like this are white noise to me. I can’t and never will understand Bitcoin, but I love you for thinking I can or want to,” she added.
Tesla And SpaceX CEO Elon Musk also chimed in, emphasizing that “massive” currency printing by central banks makes Bitcoin internet money look “solid.”
Rowling’s interaction was brief and skeptical, without any endorsement or advocacy for the cryptocurrency from her side.
Interestingly enough, Bitcoin has risen 933% since Rowling made these posts. Only she can decide whether she missed out on a fortune.
| Cryptocurrency | Price (recorded May 16, 2020) | Price (recorded at 3:30 AM ET) | Profits % +/- |
| Bitcoin | $9,377 | $96,879.51 | 933.161% |
Read next:
Photo courtesy: Featureflash Photo Agency on Shutterstock.com
#Elon #Musk #Vitalik #Buterin #convince #Harry #Potter #author #Rowling #Bitcoin #dont #trust #Grayscale #Bitcoin #Mini #Trust #BTC #Common #units #fractional #undivided #economic #interest #ARCABTC