Cryptonews People In Crypto

Former Giant YouTuber Michelle Phan is Now a Bitcoin Evangelist

Bitcoin Community Society

Journalist

Sead Fadilpašić

Journalist

Sead Fadilpašić

About Author

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

Author Profile

Last updated:

June 26, 2023

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

After leaving YouTube at the height of her channel in 2015, one of YouTube’s earliest creators and most famous beauty stars, Michelle Phan, picked up cryptocurrencies as one of her most stimulating interests, finding her discovery of Bitcoin more exciting than that of YouTube.

Michelle Phan. Source: Twitter, @MichellePhan

Feeling burnt-out, but also thinking that she’d accomplished all that she wanted to on YouTube since she started her beauty channel in 2007, the 32-year-old American makeup artist, entrepreneur, author, and voice actress decided that the highest point of the channel was the best to walk away, she told The Cut.

While Phan still has an interest in beauty and plans to pursue it, she has also turned to other things she finds appealing, one of which is cryptocurrency. She said in the recent interview that she needs spontaneity not to become bored, and crypto and blockchain seems to be the place for her. “I’m actually more excited about Bitcoin than I was when I first discovered YouTube,” Phan says.

As to what drew her to the Cryptoverse, she says: “I am a lover of decentralization. […] YouTube is decentralized, in the sense that anyone can have a channel, have their own network, and make their own content.” She further draws comparisons, explaining that Bitcoin is “not run by any higher authority power. It’s not a company. There are no board members. For the first time in history, you can be your own bank. We’ve never had that before.”

That is why she has been buying BTC in the past few years, believing that all entrepreneurs should make this “probably the most important investment you can ever make in your life.” Phan believes buying products and services with crypto is only going to get easier, saying that the situation now with cryptocurrencies is what it was with the Internet back in its infancy days. “Remember when there was only internet cafes? And now we have the internet on our phones.”

Additionally, Phan invested in a cryptocurrency gaming company Quarters, and also discussed BTC on podcasts, including the one in September with the U.S. 2020 presidential candidate, Andrew Yang, as a guest.