“I’m More Excited About Bitcoin Than I Was, When I First Discovered YouTube,” YT’s Biggest Beauty Star
YouTube beauty star, Michelle Phan who has 251 videos to her name and almost 9 million people subscribe to her channel, is a Bitcoiner.
YouTube's biggest beauty star invented the entire genre of beauty on the video sharing website. In 2015, she abruptly disappeared and last week as she reappeared, she started trending.
But she is more excited about Bitcoin.
“I’m actually more excited about Bitcoin than I was when I first discovered YouTube,”
10 years ago, I was ridiculed for quitting my job to pursue my YouTube channel. No one saw the potential in the platform like I did.
Years later, I was ridiculed again for investing in BTC and ETH.
I like having the last laugh 🙂
— ℳ (@MichellePhan) August 19, 2018
Phan is not new to the Bitcoin world, in the past few years, she has become a BTC evangelist and has been investing in crypto assets. She’s also an investor in Quarters and appeared on podcasts about Bitcoin. Phan even co-hosted one that featured US Presidential candidate and pro-crypto Andrew Yang.
She believes everyone should invest in Bitcoin.
“It’s probably the most important investment you can ever make in your life,”
Though Bitcoin can't be exchanged for services, “for now,” it
“was the same with the internet, too. Remember when there was only internet cafes? And now we have the internet on our phones.”
About two months back in a podcast, she talked about how
“Bitcoin is the true money (…) that we should have had since the beginning of time.”
She further explained how it's essentially a currency that's not built on trust like US Dollar, on the back of which it says ‘In God We Trust.’
Bitcoin is actually digital gold, she said but different because you can carry it easily, it’s scarce and you can verify everything as it’s time-stamped, she added.
“A currency that's not built on trust because people don't trust anyone anymore. You trust but verify and this is what bitcoin brings to the table.”
But how did she made her way from beauty to Bitcoin? “I am a lover of decentralization,” Phan said.
“YouTube is decentralized, in the sense that anyone can have a channel, have their own network, and make their own content.”
In the similar manner, Bitcoin isn’t owned by anyone.
“It’s not run by any higher authority power. It’s not a company. There are no board members. For the first time in history, you can be your own bank. We’ve never had that before.”