NBA players Klay Thompson and Andre Iguodala will receive a portion of their next salary in Bitcoin and donate $ 1 million in BTC to their fans each. The Golden State Warriors guards and guard forwards were announced on Monday.
“I have Bitcoin because I believe it’s the future of money,” Thompson said. announcement Tweet on January 10th.
Thompson and Iguodala have partnered with Cash App, a money transfer and bitcoin buying application owned by financial services company Block, led by Bitcoin Bulljack Dorsey, formerly known as Square. The app also mediates donations already listed in the announcement tweets.
“Bitcoin is the future. Both Klay Thompson and I are believers,” Iguodala said. Tweet On January 10th, he shared his salary plan.
Thompson and Iguodala are the latest players to join a cohort of athletes who are rewarded with peer-to-peer money created by a pseudonym individual or group Satoshi Nakamoto 13 years ago. Since its inception, Bitcoin has made significant profits against the US dollar, allowing fiat currencies to lose value each year while their holders have dramatically increased their purchasing power. Athletes have paid attention to this dynamic and are now demanding to pay in Bitcoin. Bitcoin is a currency whose issuance is restricted by the program and cannot be changed.
The trend began when the NFL worked on Russell Okung Tweet “Pay me with Bitcoin” in May 2019.In September of that year, the athlete said Bitcoin magazine He wouldn’t stop until he was paid in BTC. Okung wasn’t the first person to ask such a question, but he started the movement a year and a half later, after the goal was achieved in December 2020. The athlete was able to receive indirect payments in Bitcoin via the Lightning payment app Strike, which processed the conversion of his annual salary to BTC. This service is currently available to all Strike users.
In November 2021, NFL legend Aaron Rodgers announced that he would receive a portion of his salary in Bitcoin, and star Odell Beckham Jr. said he would receive all of his annual compensation at BTC. In December, the Patriots quarterback Mac Jones presented Bitcoin to the entire attack line.