- CoinDaddy is probably the most well-known “bitcoin rapper” in San
- The 28-year-old behind CoinDaddy, Arya
Bahmanyar, left a profitable profession in business actual property
after he stated he made a fortune in bitcoin.
- Bahmanyar now makes rap music impressed by
bitcoin, and the group of energy brokers and devotees who
evangelize the digital forex.
Arya Bahmanyar, 28, makes rap music about driving
Lamborghinis, “slinging coin,” and indulging an urge to test the
worth of bitcoin on his telephone whereas he’s having intercourse.
His type of hip-hop is an acquired style. However the largest
bitcoin devotees in the world are right here for it.
After he stated he made a
million in bitcoin,
Bahmanyar left a
profitable profession in business actual property and have become the
rapper” often called CoinDaddy.
He writes and performs songs for YouTube, and lives off his
earnings from investing early in bitcoin.
self-described cryptocurrency millionaire hopes to show his
passion into an leisure model, leveraging the character
CoinDaddy to deliver crypto tradition to the mainstream.
CoinDaddy is the ‘Bizarre Al’ Yankovic of bitcoin rap
The primary CoinDaddy monitor was impressed by a dangerous
cryptocurrency commerce that resulted in a massive loss. Bahmanyar
channeled his detrimental vitality into creating a parody
meditation tape that informed listeners to breathe “bit” in and
exhale “coin” out.
Pals shared the video: The music actually spoke to
down-on-their-luck merchants. Its swift virality
sparked an thought.
“I’ll make songs that are not that good,” Bahmanyar
stated he thought to himself.
Although his music is impressed by prolific rappers Eminem and Sean
“Diddy” Combs, it extra intently resembles the stylings of “Bizarre
Al” Yankovic, with a extra particular enchantment. The ideas string
crypto slang, like “HODL” and “mooning,” and iconic crypto
In “Holding the Bag,” he name-drops a number of cryptocurrencies and
boasts of shopping for the dips — the time period for buying coin
when the value is down, with a watch in direction of accumulating massive positive aspects
later. The second verse begins:
“Residence’s trying just like the Palace of Versailles/Lengthy
place using on an all time excessive/In order for you the journey, and also you
need the riches/Then purchase extra coin and get the b—–s”
This is the music:
The thought was to create music that holds a mirror to the crypto
group. It goals to consolation buyers in occasions of volatility,
and self-congratulate when the value of bitcoin soars.
One among his hottest movies, referred to as “The Siphoning,” tells the
story of two tokens: bitcoin and bitcoin money. Bitcoin break up in
two final August when the favored cryptocurrency forked, creating
bitcoin money. The occasion divided bitcoin’s energy brokers and
triggered the coin’s worth to take a hit.
Within the music, CoinDaddy assures his viewers, “Bitcoin gonna dwell,
bitcoin’s gonna dwell.”
How Bahmanyar made a fortune in bitcoin
Created in 2008, bitcoin is a cryptocurrency that enables
individuals to purchase issues and ship cash with out attaching their names
to transactions. The core know-how does not rely banks or
middlemen to perform, and there aren’t any obstructions to sending
bitcoin throughout worldwide borders.
It was the decentralized nature of bitcoin that first excited
Bahmanyar, he stated.
In 2013, Bahmanyar was a current graduate of George
Washington College searching for work and sharing an condominium
with 4 different individuals in New York Metropolis. After a fateful
encounter with a group of bitcoin boosters in a bar, he discovered
himself on the condominium of probably the most vocal evangelists for
what turned out to be an academic session on cryptocurrency.
His new pal informed him to dump all his financial savings into bitcoin,
which he did.
Years handed, and he checked the value of bitcoin virtually
His mother and father begged him to undo his funding, calling
bitcoin a rip-off, referring to it as “magic web cash.” However
the value principally trickled up.
“I simply held,” Bahmanyar stated.
He labored a sequence of unrelated jobs in leisure,
enterprise growth, prescription drugs, and business actual property
earlier than quitting his final job and taking off for a backpacking
journey throughout Europe in 2017. He stopped checking the worth of
It was throughout a go to to see prolonged household in Oslo, Norway, in
October that a relative requested Bahmanyar what he knew about
this loopy factor referred to as bitcoin, in keeping with Bahmanyar.
He pulled out his telephone to point out them an change app and
noticed that the value of bitcoin had greater than doubled to almost
$6,000 per coin throughout the 4 months since he stopped checking.
He packed his luggage for residence, abruptly ending his
“I used to be like, ‘What? I like you however not that a lot,” he remembered
Bahmanyar returned to the place the place he grew up — the San
Francisco Bay Space — to be a part of the motion. He wouldn’t
preliminary funding in bitcoin or his
present internet price.
His recommendation: ‘HODL’
Final yr at a vacation social gathering for the San Francisco Bitcoin
Meetup group, Bahmanyar stepped out for the primary time in his new
e wore a lengthy white fake-mink coat over a
leopard print shirt and a matching porkpie hat. A photographer
New York Instances snapped his photograph on the social gathering, giving
CoinDaddy his first brush with mainstream fame. He has the
article framed in his condominium throughout the bay from San
Francisco, close to Oakland.
Bahmanyar stated extra individuals right now know him as CoinDaddy than
as Arya, his actual title.
He spends most of his time touring for talking
engagements and conferences. Bahmanyar stated he drives the identical
automotive that he owned earlier than making a fortune in bitcoin, however he eats
out extra typically. He spends frugally, understanding that the value of
bitcoin stays extraordinarily unstable.
Bahmanyar plans to ramp up manufacturing of recent movies in 2018
and create songs that educate people who find themselves new to
cryptocurrency investing — like a “Invoice Nye the crypto man,” he
When requested what recommendation he has for different bitcoin buyers,
he stated, “Simply maintain.”
“I’ve finished fairly nicely up to now,” he added.
Disclosure: The writer owns small quantities of bitcoin