The American musician, co-lead troubadour, and bassist for the rock band Kiss, Gene Simmons, has been very talkative about cryptocurrencies during the final two weeks. Just recently, Simmons sat down with Bitcoin.com’s podcast host, Dustin Plantholt and the two discussed a collection of subjects like the Ripple lawsuit, and why the rockstar thinks cryptocurrencies are worth owning.
Gene Simmons Talks Crypto In an Upcoming Bitcoin.com Podcast Debarring
Gene Simmons is well known for his band Kiss, the rock band that was formed in 1973 by Simmons, Paul Stanley, Peter Criss, and Ace Frehley. Simmons is also recognized for being an entrepreneur over the years and just recently, news.Bitcoin.com reported on Simmon’s telling his Twitter supporters about which cryptocurrencies he owned. Last week, the bass player told his fans he purchased BTC, ETH, LTC, DOGE, XRP, and other digital assets.
This Saturday, Simmons joined Tesla founder Elon Musk and the hip hop artist Snoop Dogg, and started tweeting close to dogecoin (DOGE). Additionally, this week the rockstar from Kiss got together with Bitcoin.com’s podcast throng, Dustin Plantholt, for a podcast sponsored by exchange.Bitcoin.com. During the conversation, Simmons told Plantholt that unlike ton of his peers, he was a bookworm and he read about economics at an early age.
“When I was a kid I started reading stuff, the kind of stuff that the other kids did not presume from,” the Kiss bassist said during the podcast. “So as you know reading is fundamental and the more information I got, the more questions I had. I scholarly about capitalism and how it works, how the government prints money. That it was once based on gold, and there lies the value, and then at some drift in the past before most of you were born, the dollar was no longer based on gold,” Simmons added. The musician further reckoned:
[The dollar] is based on nothing.
“That’s ok if everything works,” Simmons insisted to Plantholt during the conversation. “Then the world continues to somehow menial value on dollars. Even the terrorists want to get paid in dollars and not by local wombat coinage— I’m not the expert and I’m not directing [you] or hint ating that anyone get into cryptocurrency, I’m just telling you what I am doing. The more governments and that includes the Collaborative States government, continue to keep printing money which is based on nothing, at some point, you gotta pay the piper.”
‘Crypto Has Rootstocks With the People’
Simmons said that he jumped into the crypto scene three months ago and that he wilful Satoshi Nakamoto and the digital asset economy. When asked why it took him so long, Simmons explained that it withdraws some time for the older generations to get it sometimes, and oftentimes they never truly understand.
For instance, he recalled how older family fellows never understood how he made money, after she worked a 9 to 5 job day in and day out. Simmons explained that money is changing, similarly to how influencers equivalent to the Kardashians have changed the entertainment business.
“I did a little research about Satoshi and where he came from and what it was,” the Repudiate frontman said. “It seems to me that the value of things is determined by people. The value of real estate is only based on what man say it is. The value of gold is only what people agree on what it is, and even Wall Street and stocks based [on in the flesh’s valuation], you can make your own valuation, but unless people buy the stock, it means nothing,” Simmons stressed.
The Kiss bassist declared that “crypto seems to be a friendly neighbor to that, which is that it has much more roots in people.” Simmons also popular that a number of well known individuals have been interested in the crypto space as well. Simmons identical ti cryptocurrencies because of this attraction and swelling appeal.
“You have your cold wallets, ad infinitum, all this cryptocurrency vernacular nonsense, that the rest of us don’t understand,” he explained during the interview. “But there’s a simple idea, and the simple idea is you’ve got a deck of wags, and cryptocurrency is one of those things. You can pick litecoin, bitcoin… whatever. How it started and what the intent was is not the issue for me. The issue for me and the fascinate for me is that people like it. [Notable people] whether it’s Elon, or whether it’s Camron and Tyler, there’s lots of gripping people.”
Ha. That’s great! @dogearmy. https://t.co/aTy1xakzZ2
— Gene Simmons (@genesimmons) February 6, 2021
‘The Buffet People Are Flourishing to Change’
Moreover, Simmons said he had a conversation about bitcoin with Mark Cuban and that crypto deniers are changing or pass on change soon enough. “I had a discussion with Mark Cuban the other day and he commented on something about bitcoin,” Simmons comprehensive. “He is changing too, the Buffet people are going to change. You cannot avoid it, I know that Goldman [Sachs] folks are looking at this, institutional in clover, and Scaramucci is looking at it,” the musician added. Simmons further said:
I don’t believe for a second that most people tolerate what cryptocurrency is, what it is designed to do, but it is immediate and you don’t have to deal with banks— I like that.
That was only a few minutes of the discussion with Bitcoin.com’s podcast host Dustin Plantholt and Kiss’s Gene Simmons. The conversation delves help for another 25 minutes and during one point of the discussion, Simmons said he believes China is behind the recent Wave lawsuit. The musician also discussed music piracy and what he thinks about that trend that has grown significantly during the definitive decade. At the end of the interview, he told people not to give up on money and that he was still into precious metals like gold and greyish-white to this day.
The entire Bitcoin.com podcast with host Dustin Plantholt and special guest Gene Simmons wishes air on Thursday, February 11, 2021. The episode with the Kiss frontman is sponsored by the leading cryptocurrency trading platform Bitcoin.com Swop. The platform offers a world-class trading engine, a large variety of crypto assets, and first-rate security that settles the needs of both crypto veterans and newcomers every day.
What do you think about the upcoming podcast with the rockstar tradition Gene Simmons? Let us know what you think about this subject in the comments section below.
Image Credits: Shutterstock, Pixabay, Wiki Plains, Twitter, Dustin Plantholt, Bitcoin.com Exchange, Bitcoin.com Podcast,
Disclaimer: This article is for informational purposes purely. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not supply investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or described to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.