Kiss Rocker Gene Simmons Sees Bitcoin as an “Interesting Investment”

At a time in which bitcoin’s price falls to a 6-week low , and JP Morgan’s Jamie Dimon labels the cryptocurrency a “fraud” and adds that he would fire any employee trading it, rocker and 70s band Kiss co-founder and front-man Gene Simmons stated that he is a fan of bitcoin, and finds it an interesting investment.

Simmons’ interest was revealed in a recent interview with TheStreet, in which he notably stated:

“I am interested in Bitcoin, but only as a piece of the [investment] puzzle”

Simmons clarified that he is interested in bitcoin likes to be diversified with his investments. Further into the interview, the rocker added that if someone goes to Las Vegas and goes all-in on 35-black, then that person has an “insane idea,” as smart investors, according to Gene Simmons, want to “be diverse and spread the risk.” Later on, he added “Coins? Great. Real Estate? Great.”

The 70s band co-founder was then asked if he would ever attach his name to a cryptocurrency, hinting at other celebrity endorsements like that of boxing champion Floyd Mayweather and hotel heiress Paris Hilton.