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Has Richard Branson endorsed Bitcoin Era?

By:
on Mar 13, 2020
Updated: Apr 1, 2020
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Scammers have been impersonating famous personalities mainly in the business and entertainment sectors in a bid to lure unsuspecting investors into signing up on certain Bitcoin trading platforms.

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Billionaire business mogul Richard Branson was among the prominent personalities whose brand was used to popularise one such platform known as Bitcoin Era.

Questions have emerged on whether the entrepreneur did endorse the trading platform or if it was a matter of fake news. In the coming paragraphs, we’ll try to bring you to speed on what we know about this Bitcoin scandal.

About Richard Branson

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Richard Nicholas Branson is a business icon and mentor to many upcoming and successful individuals around the world. Born in  Blackheath, London in 1950, Sir Branson has secured a spot among the world’s best authors, philanthropists, business experts, and investors. 

The British investor began his business journey at the age of 16, setting up a magazine company that eventually grew into a megastore for selling records. 

Today, Sir Branson has stakes in more than 400 companies trading under his signature brand, Virgin Group.

A latest private valuation placed Sir Branson’s fortune at a whopping £2.86 billion.

What is Bitcoin Era?

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Bitcoin Era represents one of the most recent forms of technology in the crypto trading sector. The platform offers a simplified way for investors to take part in Bitcoin trading without necessarily spending a ton of time and resources in executing trades.

According to the platform, investors can use its built-in bot to execute trades automatically, with only a few minutes of work each day. The robot can buy, hold, and sell Bitcoin when the market is favourable, leaving investors with more profits.

But perhaps what’s more fascinating is their claim to be operating at 99% accuracy on their trades, something we couldn’t verify at the time of crafting this post. Nonetheless, we speak more about it in our Bitcoin Era review.

Did Richard Branson endorse Bitcoin Era? No!

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Sir Branson is undoubtedly one of the most outspoken business people. And he is known to be a not-so-big of a fan when it comes to cryptocurrencies. On several occasions, the billionaire hasn’t missed a chance to mock digital currencies as an investment, terming them as “get-rich-quick” schemes.

Why all the media fuss?

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When the story first went live through ads on Youtube, news sites, and blogs, the internet went into a frenzy, with some divided on whether or not Branson had changed his long time stance on Bitcoin. 

We decided to trace the origin of the adverts regarding the endorsement and much to our surprise, none of those involved personally published the rumour. Branson cleared the air on the allegations, warning his fan base not to fall for the Bitcoin scammers using his name to dupe investors.

The rumours originated from gossip blogs and some fake news sites belonging to affiliate internet marketers using dubious means to get people to sign up on Bitcoin Era, in return for a commission.

Is Bitcoin Era a scam?

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Bitcoin Era has been adversely mentioned in several Bitcoin scams, involving several other respectable persons and TV shows. While the adverts were not expressly put up by Bitcoin Era, we can’t rule out anything just yet. So we decided to thoroughly review the platform in one of our brutal but honest reviews, and highlighted our verdict about whether the platform can be trusted. Here, go ahead and read it for yourself.

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