In his new track "What Did I Miss?", Drake references Bitcoin, emphasizing its volatility and influence on mass culture.
Reference to Bitcoin in Drake's Work
Drake refers to Bitcoin in the first verse of his song, comparing its notorious volatility to the swings of public perception. In the lyrics, he states, "I look at this shit like a BTC, could be down this week, then I’m up next week. I don’t give a fuck if you love me. I don’t give a fuck if you like me." This captures the resilience associated with Bitcoin investors who continue to hold despite market fluctuations.
Bitcoin in Pop Culture
References to Bitcoin in popular music, television, and art are becoming increasingly common, signaling the digital asset's gradual movement toward mass adoption. Similar to past technologies like the internet and mobile phones crossing into culture, Bitcoin's appearance in well-known artists’ works marks its evolution.
Expansion of Institutional Participation
With the rise of Bitcoin-themed investment products, such as ETFs, barriers to entry for both institutional and retail investors have been lowered significantly. Companies like Strategy and Metaplanet have become Bitcoin treasury firms, partly as a hedge against inflation and geopolitical risks. These corporate moves align with Bitcoin's increasing recognition as a financial instrument.
Drake's brief mention of Bitcoin highlights the asset's ongoing transition from a niche financial experiment to a symbol in contemporary culture, reflecting its potential significance in the future.
