50 Cent Accepting Bitcoin for New Album

06/10/2014
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(Radio.com) Imagine you're wanting to purchase the new 50 Cent album but don't have the U.S. dollars in your bank account to do so. But hey, there's that bitcoin you mined a couple months ago. Maybe he'll take that. Turns out he will.

The rapper is accepting cryptocurrency for his latest album, Animal Ambition, CoinDesk reports. The record can be purchased this way via his Shopify store.

The transactions are managed by BitPay, which processes each bitcoin payment. BitPay's executive chairman was excited about 50 Cent's addition to the bitcoin-accepting family.

"We are excited to see high profile independent artists use bitcoin and 50 Cent's trail as an innovator is outstanding," BitPay's Tony Gallippi said in a statement. more on this story

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Copyright Radio.com/CBS Local - Excerpted here with permission.

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