Reese Witherspoon, best known for her role in Legally Blonde, has publicly stated that she purchased eth.
“I just purchased my first ETH! “Let’s do this crypto Twitter,” she said to her 2.9 million followers publicly.
She received numerous responses, including one from Logan Paul, a YouTuber who tried to sell her on NFTs:
Witherspoon’s net worth is estimated to be $400 million, and she recently sold her media company Hello Sunshine to private equity firm Blackstone Group for $900 million.
She could become Hollywood’s next billionaire, which would present a nice problem of where to put all this money.
Obviously, some of it is going to eth. The exact amount is unclear, with the more interesting question being why eth and not bitcoin.
We believe this is because eth is going through the same thing that bitcoin did in 2017.
The rise of blockchain at the time required all papers to explain that blockchain was first used in bitcoin, which is a network of computers, and so on, with the result that everyone who read blockchain eventually heard bitcoin because you couldn’t buy blockchain, but you can buy bitcoin. Eth received no mention.
Now, NFTs are grabbing the heart stings of the liberal arts establishment, which has been watching from the sidelines with interest up until now.
The rise of tokenized digital art is converting them into crypto participants and defenders because, even if no other value is created from this space, making art pay again can go a long way toward securing the liberal order.
So their media contacts are discussing NFTs, and this time they have to explain ethereum, which is on the verge of becoming mainstream.