On June 24, 2024, Ronaldinho made waves with a post about cryptocurrency becoming mainstream.
Despite past legal issues related to cryptocurrency scams, his statement has ignited both criticism and optimism.
Could this influence the adoption of cryptocurrency among his vast fan base?
Ronaldinho’s Statement on Cryptocurrency
On June 24, 2024, former Brazilian professional soccer player Ronaldinho posted on his X account, “The time has come for cryptocurrency to become mainstream.”
The post was very simple, aiming to garner sympathy. While it didn’t elaborate on specific reasons why Ronaldinho believes cryptocurrency will become mainstream, his global fame sparked significant reactions.
Ronaldinho has been a supporter of cryptocurrency since relatively early on, and in 2018, a cryptocurrency project called “RSCoin” was announced.
However, Ronaldinho has been accused of involvement in cryptocurrency scams, ignoring two subpoenas related to investigations into these scams and failing to appear at a hearing citing bad weather.
Mixed Reactions to the Post
Given this background, many critical comments were posted in response to his latest statement.
Nevertheless, there are also optimistic views that this post might influence Ronaldinho’s vast fan base and further promote the large-scale adoption of cryptocurrency.
Reports of fraud involving cryptocurrency projects endorsed by global celebrities and stars are numerous. Therefore, it’s important to avoid investing large sums in cryptocurrency simply because a celebrity supports it.
Nonetheless, it’s true that cryptocurrency has become more widespread over the past few years.
Recently, the approval of Bitcoin spot ETFs and other factors have led to an expansion in the adoption of cryptocurrency by institutional investors and major companies.
It is expected that cryptocurrency will become even more common in the coming years.
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