Popular rapper Megan Thee Stallion partnered with Square’s Cash App to launch a $1 million gift on Bitcoin via Twitter.
Cash App, the Bitcoin-compatible payment application from U.S. financial services company Square, partnered with Grammy-winning rapper Megan Thee Stallion in a $1 million Bitcoin Sweepstakes.
Megan announced the promotional campaign via Twitter on December 17. The publication has received over 60,000 likes and 8,800 retuits at the time of this writing. The rapper encouraged her followers to post „#BITCOINMEG“ to be part of the raffle.
The publication doesn’t make it clear how much BTC will receive each person, saying, „I’m giving $1 MILLION in Bitcoin to as many beauties as I can. Numerous Twitter responses include screenshots of the winners indicating that they had received 50,000 satoshis each, worth approximately $11.40 at the time of writing.
It appears that many of Meg’s followers are unaware of the value of Bitcoin to individual users, and responses to her post contain ultrasound images of unborn babies, links to college application forms, a variety of bad luck stories, and photos of smiling children gathered around Christmas trees in an attempt to soften the artist’s heart.
One user claimed to have purchased a Telsa after misinterpreting that he would receive $50,000.
Amid the cries for help, computer science student „William Clemente III“ urged Megan’s followers to put away their satoshis, sharing a picture detailing the inflation of Deutsche Marks to gold over the past century along with the petition:
„Do not convert them! The goal of this is to increase understanding of bitcoin. Dollars are garbage. 30% of all dollars were printed THIS year. On the other hand, BTC’s new supply rate was reduced to HALF. Bitcoin will grow exponentially against the dollar because it’s scarce.
The campaign seems to have been very successful in its goal of boosting the adoption of Bitcoin and Cash App among non-crypt related natives, and many of Megan’s fans claim they downloaded Cash App exclusively to participate in the sweepstakes, and others indicate that they intend to investigate crypto space further after receiving their first satoshis.