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Home Crypto News Australian Comedian Jim Jefferies Buys Bitcoin “For a Laugh”
Crypto News

Australian Comedian Jim Jefferies Buys Bitcoin “For a Laugh”

  • by Bitcoin@@World
  • 2020-07-10
  • 0 Comments
  • 2 minutes read
  • 1067 Views
  • 6 years ago
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Jim Jefferies Bitcoin Investment

Jim Jefferies Jokes His Way Into Bitcoin Ownership

Australian comedian Jim Jefferies surprised his audience on the June 30 episode of his podcast, I Don’t Know About That, by revealing he owns 1 Bitcoin (BTC). Jefferies, who purchased the cryptocurrency through the Robinhood trading app for approximately $10,000, humorously admitted that his foray into Bitcoin was more about curiosity than serious investment.


A Comedian’s Take on Cryptocurrency

An Impromptu Investment

During the episode featuring Kiana Danial, known as “Invest Diva,” Jefferies confessed:

“I bought [Bitcoin] as a bit of a laugh just on the Robinhood app to see what this crypto is all about.”

Jefferies currently holds $9,612 worth of Bitcoin, though Danial quickly noted that he hadn’t transferred the BTC to a secure wallet. She playfully reminded him of the adage:

“Not your keys, not your Bitcoin.”

More Bitcoin Than Elon Musk

With 1 BTC in his possession, Jefferies owns more Bitcoin than tech billionaire Elon Musk, who confirmed owning just 0.25 BTC—worth about $2,340 at current prices.


Crypto Comedy and Curiosity

A Lighthearted Introduction

Jefferies’ podcast is designed to be both educational and entertaining, with topics he typically knows little about. During this episode, the comedian explored basic cryptocurrency concepts and blockchain history with Danial.

Memorable Moments

  • On Satoshi Nakamoto:
    Jefferies quipped,

    “Everyone knows who he is — two Michelin stars, best tuna in town.”

  • Cold Storage Misstep:
    He jokingly suggested storing his Bitcoin wallet in a refrigerator:

    “I’m going to buy some Bitcoins, and I’m gonna put my wallet in the fridge.”


Mixed Reactions to the Crypto Commentary

Criticism of the Expert’s Explanations

Crypto Twitter was quick to critique Danial’s explanations of blockchain and cryptocurrency:

  • Twitter User @Westy447:

    “That’s what you need: someone who doesn’t understand a subject to a bunch of people who have never heard of it. Like a cat trying to explain cycling to fish.”

  • Podcaster Marty:

    “The so-called expert they had on was a total disaster. I’d love Jim Jefferies to come on [my] show to learn about Bitcoin the right way.”


Comedians Turning to Crypto

Bill Burr Joins the Bitcoin Bandwagon

Jefferies isn’t the only comedian to dabble in crypto. On July 2, Bitcoin World reported that podcaster Anthony Pompliano had successfully persuaded comedian Bill Burr to invest in Bitcoin during a podcast episode.

Celebrities and Cryptocurrency

While Jefferies’ investment makes up a mere 0.1% of his estimated $9 million net worth, his move mirrors a growing trend of celebrities and public figures expressing interest in cryptocurrency.


Conclusion: Comedy Meets Crypto

Jim Jefferies’ lighthearted Bitcoin purchase highlights the intersection of curiosity and humor in cryptocurrency adoption. While his approach may not align with seasoned investors, it underscores Bitcoin’s growing cultural relevance, even among those who don’t take it too seriously.

To explore more celebrity stories about cryptocurrency, check out our article on Bitcoin adoption among influencers.


Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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BusinessCryptocurrenciesJim JefferiesJim Jefferies Bitcoin Investment

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