Business, Spoken
Idris Elba Is Ready to Talk About Crypto
Sep 28, 2023
Idris Elba, an actor and musician, talks about his experience with crypto and its potential for financial inclusion in West Africa. He also discusses the responsibility of using influence in the industry.
05:05
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Quick takeaways
- Idris Elba chose not to participate in the cryptocurrency frenzy, recognizing that he was being used for monetary gain, which proved wise considering the industry's downturn and regulatory scrutiny.
- Elba is partnering with the Stellar Development Foundation to leverage blockchain's real-world utility and promote financial inclusion in West Africa, emphasizing the importance of responsible influence to drive positive change.
Deep dives
Idris Elba's cautious approach to crypto
Idris Elba, the British actor and filmmaker, revealed that he turned down numerous opportunities to participate in the cryptocurrency frenzy. While many celebrities endorsed crypto services and released their own NFTs and crypto coins, Elba abstained, realizing that he was being used merely as a means to make money. This decision proved wise as the crypto industry experienced a downturn in the past 18 months, with several high-profile failures and regulatory scrutiny. Elba, however, remains interested in the technology and sees potential in using crypto's technical infrastructure to address financial inclusion issues in West Africa.
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