JK Rowling's Bitcoin Tirade has an unexpected silver lining
For a long time, both critics and advocates branded Bitcoin “magic internet money”. While this term is mostly used in a joking context, the crypto community received a magical injection last week when JK Rowling first spoke about Bitcoin. Although Rowling initially seemed genuinely interested in Bitcoin, her interest quickly turned into trolling as she tried to deal with the flood of BTC-related comments.
“PEOPLE ARE NOW EXPLAINING BITCOIN TO ME, AND FRANKLY IT'S BLAH BLAH BLAH BLAH BLAH COLLECTIBLES (MY LITTLE PONY?) BLAH BLAH BLAH BLAH BLAH BLAH COMPUTER (HAVE ONE) BLAH BLAH BLAH BLAH BLAH CRYPTO (SOUNDS CREEPY) BLAH BLAH BLAH BLAH BLAH UNDERSTAND THE RISK (BUT I DON'T), ”ROWLING WROTE, TROLLING THE CRYPTO COMMUNITY AFTER TRYING TO CONVINCE THEM OF BTC FOR HOURS.”
Bitcoin becomes the subject of a real “Twitter party”
While some saw this as a blow to cryptocurrency because Rowling made the industry look stupid and immature, there's a silver lining. Rowling may not understand Bitcoin, as prominent Bitcoin commentator and advocate Vijay Boyapati pointed out, but she "has spent the past few days bringing many of her 14.6 million followers into contact with Bitcoin for the first time ." It remains to be seen whether Rowling's trailers will be converted into BTC holders or not.
This wasn't the only silver lining that Rowling's recent interactions with the crypto community have created. Although Elon Musk - the CEO of Tesla and someone who likes to talk about cryptocurrencies occasionally - wasn't tagged in any of Rowling's Bitcoin tweets, he decided to join the conversation. Musk replied to the author's remark that Bitcoin was a whole bunch of "blah blah blah blah":
"PRETTY MUCH THOUGH THE MASSIVE CURRENCY SPENDING BY GOVERNMENT CENTRAL BANKS MAKES BITCOIN'S INTERNET MONEY LOOK SOLID BY COMPARISON."