It was a crazy, crazy night for fans of crypto and retro glam-rock as one of the biggest rock stars of the past century gave a resounding thumbs-up to crypto.
Gene Simmons, the lead singer and bassist of Rock and Roll Hall of Fame group Kiss has come out as a crypto fan – but it looks like the rock veteran, also known as The Demon, has changed his tune on the world’s biggest cryptoasset.
The 71-year-old American-Israeli rocker was responding to a tweet from Cameron Winklevoss, the co-founder of the Gemini crypto exchange.
Winklevoss had called for easier access to bitcoin (BTC) and ethereum (ETH) buying for the unbanked, stating,
“If you don’t have a bank account, it’s hard to get funds into crypto. We need to change this.”
Simmons’ reply was succinct.
However, the chart-topping rock megastar, also famous for his stint on British reality TV show “Rock School” was far less bullish on BTC when he was interviewed on the subject back in 2017.
Speaking to The Street on the topic of BTC, he stated,
“I’m interested in bitcoin, but only as part of the investment puzzle.”
Without disclosing too much about his investment, he claimed,
“I have a nice portfolio.”
He added that “anyone who goes to Las Vegas and bets on 35 black […] it’s an insane idea.”
However, as the interview took place at the height of the initial coin offering (ICO) bubble, Simmons admitted he was open to the idea of launching a Kiss-themed token.
Kiss has sold 75 million records worldwide and remains one of America’s biggest-selling performers, with their heyday coming in the late 1970s and early 1980s.
Since then, Simmons has been known to have made a few investing faux pas, however – including the ill-fated Los Angeles Kiss American football team, which launched in 2004 and folded in October 2016 – just before Simmons first started talking bitcoin.