Mike Tyson Fuels The Bitcoin Vs. Ethereum Debate

Boxing legend Mike Tyson spurred a full-on cryptocurrency debate that attracted advocates of Bitcoin BTC/USD, Ethereum ETH/USD, and other altcoins.

What Happened: The former heavyweight champion asked on Twitter Inc’s TWTR platform “Which do you prefer, BTC or ETH?” 

See Also: How To Buy Ethereum (ETH)

Jack Dorsey, CEO of Twitter and Square Inc SQ pitched for the apex cryptocurrency.

MicroStrategy Incorporated MSTR CEO Michael Saylor also spoke out in favor of Bitcoin. Saylor said he had “spent more than a thousand hours considering this question and chose bitcoin.”

Jay Hao, CEO of the cryptocurrency exchange OkEx meanwhile resorted to posting a meme to answer Tyson’s question.

Others that joined the debate included the Twitter handle of Baby Doge Coin BABYDOGE/USD and Mike Braiotta who advocated for Ethereum Max EMAX/USD

Both the apex cryptocurrency and the second-largest coin by market cap traded in the red at press time on Monday with BTC down 1.67% at $31,613.85 and ETH lower by 4.85% at $1,890.81.

Why It Matters: This month, Mike Tyson changed his Twitter profile photo to a “Cool Cat” after purchasing one of the eponymous non-fungible tokens. Tyson and several other celebrities have purchased similar NFTs and changed their profile photos.

See Also: Elon Musk Throws Dogecoin Community Into A Frenzy With New Twitter Profile Photo

This is not the first time Tyson has shown interest in cryptocurrencies either. In the years past, he has been associated with Bitcoin wallets and ATMs.

Last year, actor Maisie Williams posed a question on Twitter if she should go long on Bitcoin and also attracted celebrity responses including one from Tesla Inc TSLA CEO Elon Musk. 

Others who responded to Williams at the time included Galaxy Digital Holdings Ltd BRPHF CEO Mike Novogratz and Barry Silbert, founder of Grayscale parent Digital Currency Group.

Read Next: My DeFi Pet (DPET) Defies Crypto Market Slump With 42% Surge

Market News and Data brought to you by Benzinga APIs
Posted In: CryptocurrencyNewsSmall CapMarketsBitcoinEthereumJack DorseyMichael SaylorMIke Tyson
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...