‘I do believe crypto is its own asset class and one worth exploring,’ said the TikTok star.
A 21-year-old social media star famous for his TikTok videos is entering the crypto space, guided by Bitcoin bull Anthony ‘Pomp’ Pompliano.
Bryce Hall has launched a finance podcast with Pompliano called “Capital University”. Unlike Pomp’s regular podcast, which is focused on business, investing, and promoting Bitcoin (BTC), the joint venture will cross the generational divide, as the 32-year-old Pomp learns how social media influencers are making money, while Hall learns tips about building generational wealth through investment strategies.
“I just want to highlight the power and importance of diversification,” Hall told Cointelegraph.
“I do believe crypto is its own asset class and one worth exploring. It is definitely the Internet’s version of gold with the caveat of having a known finite amount of units.”
The TikTok star, who claims he has roughly 25 million followers between the short video-sharing app, YouTube, Instagram, and Twitter, reportedly has a net worth of more than $2 million. He described himself as “completely broke” before achieving internet fame but is now earning a large income through YouTube AdSense revenue, apparel merchandise sales, and brand deals.
Hall implied in a Sept. 29 Tweet that despite his wealth, he has only recently begun to think about buying Bitcoin, and he’s not currently associated with the crypto community. However, this venture with Pomp, a known Bitcoin enthusiast, coupled with his announcement that Gemini co-founder Tyler Winklevoss ha agreed to be on the new podcast, may change that:
“When Tyler and Cameron Winklevoss are engaging with your tweets and direct messaging you, you better take what they say seriously and reevaluate your investment positions.”
The 21-year-old has described himself as “stupid and crazy” when it comes to his social media personality, but stated he “just wasn’t sure what to do” with cryptocurrency. However, having someone like Pomp at his side could provide “the right guidance.”
“Right now, when you’re at the top, this is when you’re going to be making the most money,” said Hall. “You just have to find a way to sustain it.”