- Britney Spears used Bitcoin as far back as 2014 to pay things out of sight of her conservators
- Britney’s finances were heavily managed, and some say abused, by her father, Jamie, and the family lawyer
- Britney’s use of Bitcoin for small purchases reflects a shrewd appreciation of the cryptocurrency
Britney Spears used Bitcoin to hide some of her spending from her conservator, her father Jamie Spears, according to a podcast. Toxic, hosted by Tess Barker and Barbara Gray, which is investigating Britney Spears’ controversial conservatorship case, claims that Britney was using Bitcoin to keep even minor purchases from the prying eyes of her father, who was in charge of all her spending. Gray and Barker say that her usage of the cryptocurrency dates as far back as 2014 when you could feasibly make small transactions using the coin.
Britney’s Conservatorship Battle Dates Back to 2008
Britney has been in a battle over her conservatorship which started in early 2008 after she was admitted to Ronald Reagan UCLA Medical Center. Rumors about the severity of the conservatorship began to surface in 2019, since when Britney has gone to court to try and end the controversial legal ruling.
Toxic has gone behind the scenes and broken down the level of control that her father Jamie and their lawyer, the other conservator, had over her career and finances, unearthing startling oversight and potential abuse of power.
Bitcoin Use a Smart Move
Gray and Barker broke down this level of financial control in a recent episode and mentioned the use of Bitcoin in the following episode where they cite “materials provided to us” to show how Britney used Bitcoin to make purchases as small as a couple of dollars:
…Britney had to hid even small purchases, such as buying an app on her phone. In 2014 she hid these transactions by using Bitcoin. Yes, that’s right, Britney was using Bitcoin back in 2014…
This was an incredibly smart move by Britney, given that no one could have known it was her spending the money back then. Unfortunately her options for using it would have been very limited, but once again it highlights the benefits of a censorship-free form of currency.