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The American musician, co-lead singer and bassist of the rock band Kiss, Gene Simmons, has been very talkative about cryptocurrencies for the past two weeks. Recently, Simmons sat down with Bitcoin.com’s podcast host, Dustin Plantholt, and the two discussed a variety of topics, such as the Ripple lawsuit, and why the rockstar thinks cryptocurrencies are worth owning.
Gene Simmons talks about crypto in an upcoming Bitcoin.com Podcast Exclusive
Gene Simmons is known for his band Kiss, the rock band founded in 1973 by Simmons, Paul Stanley, Peter Criss and Ace Frehley. Simmons is also known as an entrepreneur over the years and recently became news.Bitcoin.com reported on Simmon tells his Twitter followers about which cryptocurrencies he owned. Last week, the bassist told his fans he had bought BTC, ETH, LTC, DOG, XRP, and other digital assets.
This Saturday, Simmons joined Tesla founder Elon Musk and the hip-hop artist Snoop Dogg, and started tweeting about it dogecoin (DOGE). Additionally, this week the Kiss rockstar teamed up with Bitcoin.com’s podcast host Dustin Plantholt for a podcast sponsored by exchange.Bitcoin.com. During the conversation, Simmons told Plantholt that, unlike most of his peers, he was a bookworm and read about economics at a young age.
“When I was a kid, I started reading stuff, stuff the other kids didn’t read,” the Kiss bassist said on the podcast. So, as you know, reading is fundamental and the more information I got, the more questions I had. I learned about capitalism and how it works, how the government prints money. That it was once based on gold, and that’s the value, and at some point in the past before most of you were born, the dollar was no longer based on gold, ”added Simmons. The musician further added:
[The dollar] is based on nothing.
“That’s okay if everything works,” Simmons told Plantholt during the conversation. “Then the world somehow continues to base its value on dollars. Even the terrorists want to be paid in dollars and not with local wombat coins – I’m not the expert and I don’t direct [you] or suggest someone get into cryptocurrency I’m just telling you what I’m doing. The more governments, including the United States government, continue to print money based on nothing, at some point you have to pay the piper. “
‘Crypto has roots with the people’
Simmons said he jumped into the crypto scene three months ago, studying Satoshi Nakamoto and the digital asset economy. When asked why it took so long, Simmons explained that sometimes it takes a little time for the older generations to understand, and often never really understand.
For example, he recalled how older family members never understood how he made money after working nine to five jobs day after day. Simmons explained that money is changing, just as influencers like the Kardashians have changed the entertainment business.
“I did some research on Satoshi and where he came from and what it was,” said the Kiss frontman. “It seems to me that the value of things is determined by people. Real estate values are based only on what people say it is. The value of gold is only what people agree on what it is, and even Wall Street and stocks based [on people’s valuation], you can make your own valuation, but unless people buy the stock, it doesn’t mean anything, ”emphasized Simmons.
The Kiss bassist said that “crypto seems to be a friendly neighbor to that, namely that it has a lot more roots in humans.” Simmons also noted that a number of famous individuals are also interested in the crypto space. Simmons loves cryptocurrencies for this pull and swelling appeal.
“You’ve got your cold purses, to infinity, all this cryptocurrency language nonsense that the rest of us don’t understand,” he explained during the interview. “But there is a simple idea, and the simple idea is that you have a deck of cards, and cryptocurrency is one of those things. You can choose litecoin, bitcoin … whatever. How it started and what was intended is not the problem for me. The problem for me and the appeal for me is that people like it. [Notable people] whether it’s Elon, or whether it’s Camron and Tyler, there are a lot of interesting people. “
– Gene Simmons (@genesimmons) February 6, 2021
‘The buffet people are going to change’
Additionally, Simmons said he had a conversation about bitcoin Mark Cuban and that crypto deniers are changing or will change soon enough. “I recently had a discussion with Mark Cuban and he said something about bitcoin,” explained Simmons. “He is also changing, the people of Buffet are going to change. You can’t ignore it, I know that Goldman [Sachs] people look at this, institutional money, and Scaramucci look at it, ”the musician added. Simmons went on to say:
I don’t believe for a second that most people understand what cryptocurrency is, what it’s designed for, but it’s instant and you don’t have to deal with banks – I like that.
That was just minutes into the discussion with Bitcoin.com’s podcast host Dustin Plantholt and Kiss’s Gene Simmons. The conversation continues for another 25 minutes, and at one point in the discussion, Simmons said he believes China is lagging behind the recent Ripple lawsuit. The musician also discussed music piracy and what he thinks about that trend that has grown significantly over the past decade. At the end of the interview, he told people not to give up money and that to this day he was still working on precious metals such as gold and silver.
The full Bitcoin.com podcast with host Dustin Plantholt and special guest Gene Simmons will air Thursday, February 11, 2021. The episode featuring the Kiss frontman is sponsored by the leading cryptocurrency trading platform Bitcoin.com Exchange. The platform offers a world-class trading engine, a wide variety of crypto assets and top-notch security that meets the needs of crypto veterans and newbies alike every day.
What do you think of the upcoming podcast starring rockstar legend Gene Simmons? Let us know what you think about this topic in the comments below.
Image Credits: Shutterstock, Pixabay, Wiki Commons, Twitter, Dustin Plantholt, Bitcoin.com Exchange, Bitcoin.com Podcast,
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