Kiss Frontman Gene Simmons: Bitcoin Not Dead

Kiss Frontman Gene Simmons: Bitcoin Not Dead

Bitcoin isn’t dead, according to Kiss frontman Gene Simmons, enigmatic 1970s glam metal band bassist. Simmons, known to be a dabbler in investments, was attending a crypto event for wealthy investors alongside Anthony Pompliano, co-founder of Morgan Creek Digital Assets.

Well known for their face paint and stage outfits, the group rose to prominence in the mid-to-late 1970s with their elaborate live performances, which featured fire breathing, blood-spitting, smoking guitars, shooting rockets, levitating drum kits, and pyrotechnics.

It would be hardly surprising to see the likes of the Kiss frontman at such an event, with an approximate net worth of USD 300 million, particularly as he once touted the possibility of launching his own Kiss Coin. Decentralization is clearly his thing based on comments he’s made in the past once stating:

“I believe in supply and demand. I don’t believe the government should stick their noses into the rise and fall of the economy.”

Before Bitcoin rocketed in 2017 Simmons claimed that Bitcoin was “a piece of the [investment] puzzle”, referring to the numerous investments out there which had potential to make substantial profits for investors, which clearly the hallmark cryptocurrency went on to do in later that year.

Cryptocurrency and blockchain have attracted others from the music world. Another rocker, Matt Sorum, the former drummer of Guns N’ Roses and Velvet Revolver surprised the music world at the end of last year when he announced a blockchain-powered live concert hosting platform and payment solution for artists suggesting that it was time to cut out the middleman, suggesting “That’s been something on artists’ minds for years. There’s all these people you got to pay along the way.”

 

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