Rockstar Gene Simmons Enters Crypto Markets – Here’s a Look at His Portfolio

Rock icon Gene Simmons is letting the world know that he has taken the plunge and entered the crypto markets.

The KISS bassist tells his 901,400 Twitter followers that he owns or plans to own three large-cap crypto assets.

“I’m not recommending any of this to anyone. But yes, I bought and/or will own Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and others.”

Simmons also reveals that Dogecoin (DOGE) and XRP are part of his crypto portfolio.

Not recommending any of these to anyone. But yes, I also bought Dogecoin, XRP and others. Make of it what you will.

— Gene Simmons (@genesimmons) February 1, 2021

The KISS frontman’s revelations come after his rant against the current monetary system in an American Songwriter interview last month.

When the interviewer asked what he finds himself thinking about these days, Simmons went straight into a monologue about cryptocurrency and the flaws of today’s monetary system.

“Cryptocurrency. Yeah, it’s a game-changer. I’m in it big. I’ve done very well. Governments, as you know now print money whenever they need it. So, inflation keeps getting bigger and bigger. The dollar used to be based on gold and you can lose a dollar. You can’t lose your cryptocurrency, unless, of course, you lose what’s called your ‘code wallet,’ or your password. Banks have nothing to say about it.

Governments have nothing to say about it. The world is changing. It’s probably time. Probably time to do that instead of keep cutting trees down and making paper so that we can give it to each other. But credit cards and wiring funds probably were the start of that.”

Simmons also unveiled his crypto holdings in the interview.

“I’m deep in Bitcoin and Asyrium. There are other ones – there’s Zcash, Litecoin. There are quite a few others.”

 

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