In the song video, YG is shown clutching a Ledger cold storage USB next to a smartphone with a screen displaying a wallet application with more than $30.6 million in BTC.
Dequan Keenon In his recent music video, YG, a rapper who goes by the moniker Ray Jackson, pretends to flaunt a huge $30 million stack of Bitcoin (BTC).
Because a cold storage device from crypto wallet company Ledger is prominently featured in the video, it looks to be either an eye-watering — but perhaps artificial — flex or a smart bit of commercial placement.
YG is shown carrying a Ledger wallet near to a smartphone with a screen exhibiting a wallet application with more than $30.6 million in BTC in one of the sequences of the music video for the song “Scared Money” starring J. Cole and Moneybagg Yo.
While the image might have been fabricated, rappers are notorious for displaying their riches and success, which is especially true in this song, which talks about spending money, investing, and putting half a million dollars worth of jewelry around one’s neck.
YG is a big supporter of Bitcoin, mentioning it in songs like “Big Bank” from 2018 and in an interview with RollingStone from mid-2020.
YG claimed in the interview that he appreciated the simplicity of crypto since it allowed him to invest his money without being distracted from his music profession. He made analogies to the real estate market, where he would have to put in a lot of time working and studying in order to succeed.
“With Bitcoin, I f*ck […]” I recently received Ethereum and Dogecoin, although I’ve owned Bitcoin for almost three years […] When Bitcoin first appeared, I was like, “What?” and “I can simply do it and it will turn into that?” He was referring to the asset’s skyrocketing price last year.
Related: Check out more news about Bitcoin
In recent years, crypto has attracted a large number of musicians, with legends like Jay Z and nonfungible token bull Snoop Dogg both investing heavily in the space. Meek Mill, who bought Dogecoin (DOGE) during the hype last year, Nas, who tokenized his music as NFTs early this year, and Post Malone, who included a Bored Ape Yacht Club NFT in one of his latest music videos, are among the well-known personalities who have jumped on the gravy train.