Cryptocurrency Monero To Be Accepted By 45 Musicians Such As Mariah Carey, G-Eazy, Sia For Holidays

Mariah Carey (Photo by Axelle/Bauer-Griffin/FilmMagic)

In a year that has seen some parts of the traditional financial world embrace Bitcoin, it’s only fitting that other, less buttoned-up industries would take up cryptocurrency as well.

In that vein, Monero announces that 45 musicians, plus five other online stores, will be accepting the privacy coin this holiday season and offering discounts to those paying in the cryptocurrency.

The full list covers a wide range of artists, from Weezer to G-Eazy, from Slayer to the B-52s, from Dolly Parton to Morrissey.

Other big name artists include Backstreet Boys, Dixie Chicks, Kaskade, Lana Del Rey, Lumineers, Marilyn Manson, Motley Crue and Sia. A complete list can be found here.

Monero is currently the ninth largest cryptocurrency, with a market capitalization of $3.5 billion; it has a price of $226.

“As cryptocurrencies become more popular, it’s important that my fans have choices when it comes to how they buy my songs and merchandise,” said rap star G-Eazy in a statement. “Given Monero is one of the safest, most secure and most private cryptocurrencies, it’s one of the best options for my fans this holiday season — and just in time for my new album.”

Monero will be accepted by 45 major musicians this holiday season

The inspiration for the initiative, called Project Coral Reef, came from serial entrepreneur and Monero fan Naveen Jain who has worked with many of the artists. “One of the big challenges I see with cryptocurrencies is lack of acceptance,” he said in an interview in San Francisco…

Read Full: Cryptocurrency Monero To Be Accepted By 45 Musicians Such As Mariah Carey, G-Eazy, Sia For Holidays