October 5, 2022

Dogecoin Holder And Rapper Meek Mill Wants His Next Record Deal Paid In Bitcoin

3 min read

The Pay Me In Bitcoin motion has a new member, Meek Mill. Through an Instagram story, the super star rap artist revealed that he wishes to get paid in Bitcoin. If successful, Meek Mill will follow Atlanta MC Money Man’s steps. Cash Man recently got a $1M advance in Bitcoin from record label Empire, and therefore ended up being the very first rapper to do so. However back to Meek Mill, he’s been vocal about his discomfort with his present contract situation.

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According to HipHopDx:

“The Dream Chasers leader aired out his label problems on Twitter last month, declaring he hasn’t seen a single cent from his agreement. He likewise revealed he doesn’t know the size of the cut his label has actually been taking off his incomes.

“I haven’t get [sic] paid from music and i don’t know how much cash labels escape me,” Meek wrote in a since-deleted tweet. “I need legal representatives as soon as possible !!!”

And now, Meek Mill desires Bitcoin. The primary method to opt-out of all traditional systems.

BTCUSD price chart for 11/10/2021 - TradingView

BTC rate chart for 11/10/2021 on OkCoin|Source: BTC/USD on TradingView.com Meek Mill, Cryptocurrency Investor A few months

earlier, likewise through an Instagram story, Meek Mill divulged his first crypto investment. The superstar rap artist posted a screenshot of a $50K order for Dogecoin, and composed: "I just got some doge I'm sick of losing out." That financial investment hasn't paid well so far, the 92,411 DOGE he bought are worth $23.7 K at the time of writing. Is that the factor Meek Mill is switching to Bitcoin, the king of the jungle? Or is it just because of Money Man's deal?

Speaking of that, Money Man got his advance through CashApp. An item of Jack Dorsey's Square. And Empire revealed that its artists now had the option to make money in Bitcoin if they so select. Is Meek Mill hinting that he might sign with Empire next? Is that what this is about?

The Pay Me In Bitcoin Movement

Last year, throughout the historical Bitcoin 2021 conference in Miami, Money Man belonged to the Pay Me In Bitcoin panel. It's great to see that he followed through with the idea. Other noteworthy individuals were Strike's Jack Mallers and NFL star Russell Okung, who came up with the Pay Me In Bitcoin idea in the very first place.

Naturally, Bitcoinist reported on the Pay Me In Bitcoin story prior to it was cool. At the time, we stated:

"Just yesterday, Okung tweeted that "A number of players are hitting me up about Bitcoin. Yes, I'm serious!"
However this is a bit more than just team-mates interested in their buddy 'd brand-new pastime. You see, Okung is a Vice President of the NFL Players Association, a body which "guarantees appropriate recognition and representation of gamers' interests."
If anyone can press this require salaries paid in BTC, it must be him."

And now, they might have Meek Mill on their ranks. Not only that, however Jack Mallers likewise followed through with the promises he made because panel and turned the Pay Me In Bitcoin meme into a function in the Strike app. In his statement post, Mallers stated:

"Today I am amazingly delighted to reveal and publicly release Pay Me in Bitcoin with Strike. Today, Strike users can use their account and routing numbers to allow direct deposit to their account and set up any amount of the inbound cash to be transformed into bitcoin, without any fees."

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So yeah, Pay Me in Bitcoin is an entire movement. Does Meek Mill understand what he's entering into? Will this male be orange-pilled by Money Man or Okung and become the next Michael Saylor? Tune in to Bitcoinist for the next episode in this astounding legend.

Featured Image: Screenshot of Meek Mill's Bitcoin Instagram story|Charts by TradingView