Money Man, The First Artist To Receive An Album Advance In Bitcoin, Gives Meek Mill Advice – AfroTech

On Nov. 11, 2021, Meek Mill took to his Instagram story to manifest that he would follow in fellow rapper Money Man’s footsteps — and he sparked a larger conversation.

“Ima get my next record deal paid in bitcoin [sic] behind @moneyman,” he previously wrote in his story, per Vibe.

Then in February 2022, Meek once again took to social media to ask for advice about crypto investing — and the “Dreams and Nightmares” rapper got some sage advice from Money Man himself, who tempered the excitement of the buy with the reality of the risk.

“You were suppose to stabilize your crypto a month or 2 ago before the 50 percent dip and buy back in close to the bottom,” wrote Money Man on Twitter. “Always take profits in crypto on some of these coins because trust me the big dawgs are taking there’s. Being greedy and thinking everything will moon. Can get you REKT.”

Indeed, Money Man’s sage advice belies the volatile nature of the crypto market. Since Bitcoin and other cryptocurrencies remain largely unregulated, the “dips” and the highs can feel like a roller coaster. And, without the proper financial advice, investing in cryptocurrency can be scary.

Still, Money Man is someone who knows more than a thing or two about this burgeoning market. So, we decided to take a look at his illustrious history.