U.S. Athletes Hoping to Score Big With Crypto Contracts

[waybesuricata]

As the world of cryptocurrency continues to expand rapidly, different sectors are taking notice. One interesting demographic taking the plunge into digital currencies is professional athletes.

All it took was a four-word tweet, “Pay me in bitcoin,” for former Carolina Panthers player Russell Okung, to get the crypto community talking. With those four words, he changed how some athletes look at the structure of their contracts, especially when it comes to adding crypto. 

The idea had been mentioned before the May 2019 tweet. However, Okung became the first United States pro athlete to really make a push to be paid crypto, specifically bitcoin.



Source and continuation of the article: https://beincrypto.com/u-s-athletes-hoping-to-score-big-with-crypto-contracts/

[Richard_1]

It's great that there are athletes who are willing to give up dollar salaries in favor of cryptocurrency. A prime example and supporter of cryptocurrency contracts is Russell Okung. Many may follow his example. But all this is fine when the bitcoin rate rises, but how will athletes behave when the bitcoin rate starts to fall?)