Kanye West inspires new currency

Added 3rd January 2014

Bitcoins just not blinging enough for you? How about Coinye West, a new cryptocurrency inspired by flamboyant rapper Kanye West?

Kanye West inspires new currency

As reported on various news sites, and illustrated at coinyewest.com, the currency will launch on 11 January with the catchphrases “we ain’t minin’, we pickin” and “we takin’ shots at Bitcoin”.

In an interview with music website Noisey, a spokesperson behind the new venture said the goal was to “make it easier for people to use cryptocurrency”.

West himself has not authorised the launch, though the spokesperson offered to send him 100,000 Coinyes if he was to “name check” the idea.

In November, the value of the Bitcoin surged to almost $1,000, but its prospects were hit last month when the People’s Bank of China announced it was prohibiting Chinese financial institutions from using it.

Other cryptocurrencies have been launched in recent months including Ripple, Litecoin, Peercoin and Namecoin.
 

Visitor's Comments Add your comment

Add Your Comment

We won't publish your address

About Author

Gary Shepherd

Editor

Portfolio Adviser

Gary joined Last Word Media in 2009, becoming editor of Portfolio Adviser a year later. Previously, he worked at Incisive Media with roles across its Professional Adviser, Investment Week, Bloomberg Money and Mortgage Solutions titles. Gary has been shortlisted for various awards, winning Headline Money Investment Writer of the Year in 2010.

Features

Why advisers need to ‘keep their mouths shut’

Why advisers need to ‘keep their mouths shut’Lock icon

Award-winning adviser and author Deena Katz outlines the importance of conversation, academic training and the rise of fee-based advice in the US.

Analysis

Profiles

Directories

Canada Life International Limited
Canada Life International...

Canada Life International Canada Life House,...

Tweets

Events

IA Multi-Asset Masterclass Dubai 2017
IA Multi-Asset Masterclass Dubai 2017

Wednesday 24 May
The Shangri-La Hotel, Dubai

IA Portfolio Bond & Tax Planning Forum Birmingham 2017
IA Portfolio Bond & Tax Planning Forum Birmingham 2017

Tuesday 20 June
The Hyatt Regency, Birmingham

 

IA International Fund Links Forum 2017
IA International Fund Links Forum 2017

Wednesday 14 September

The Langham, London

IA Best Practice Adviser Awards Europe 2017
IA Best Practice Adviser Awards Europe 2017

Thursday 28 September
The Waldorf Hilton, London

Sponsored Content

Investment Strategy

OTHER STORIES FROM LAST WORD...