The Canadian rapper donated a million dollars in Bitcoin to the LeBron James Family Foundation. The LeBron James Family Foundation helps underprivileged students combined with diverse initiatives. Aubrey Drake Graham is a Canadian rapper, singer, songwriter, and actor. James is building a model for advancing education and social assistance in the West Market Street neighborhood, where he was raised. A new school, three residential buildings and a sports-and-entertainment complex represent more than $20 million in investment by the LeBron James Family Foundation and its partners.
Why Bitcoin?
Bitcoin, often described as a cryptocurrency, a virtual currency or a digital currency – is a type of money that is completely virtual. Each Bitcoin is basically a computer file which is stored in a ‘digital wallet’ app on a smartphone or computer. Nowadays, Some people like the fact that Bitcoin is not controlled by the government or banks. People can also spend their Bitcoins fairly anonymously. Although all transactions are recorded, nobody would know which ‘account number’ was yours unless you told them.
Drake posted on Instagram that he won in an online gambling site for crpyto-enrthusiasts and won $1 million. Drake also donated$100,000 to Michael and his mom. The social media platforms captured the moment of the donation. Drake says he was blessed to win the large sum of money, adding that whenever he receives good karma, it needs to be transferred.
