In today’s world, cryptocurrencies are becoming more and more popular. More and more people, as well as large companies, are starting to recognize the value of crypto. For example, people today already get their wages paid in cryptocurrencies. And if you want to bet nowadays, it is possible with crypto-coins instead of the old-fashioned money.
Where it started with Bitcoin, there are now hundreds, maybe thousands of different cryptocurrencies that you can invest in.
All these different cryptocurrencies are trying to differentiate themselves from each other. But one aspect common to all cryptocurrencies is that it is a decentralized currency. This means that there is no government behind the currency.
This is the case with the so-called fiat currencies. It is therefore not surprising that more and more people are turning to the world of cryptocurrencies. In fact, a report from cointelegraph.com shows that there are already seven NFL players who have chosen to have their salaries paid in cryptocurrency.
Bookmakers accept cryptocurrencies
As we have mentioned before, cryptocurrencies are becoming more and more popular worldwide. Bookmakers are taking advantage of this trend and are starting to accept cryptocurrencies as a means of payment. This is good news for the crypto investors among us. Are you now thinking of placing a bet with perhaps crypto? We have already listed the best online bookmakers for you.
Seven NFL players who switched
Currently, there are at least seven NFL players who have chosen to be paid in cryptocurrencies instead of traditional fiat currencies. Whether more players will follow suit in the future remains to be seen. In any case, the players below already dared to take the step.
The American quarterback announced in a Twitter post that he is working with Cash App to get part of his salary paid in Bitcoin. Rodgers earned around $22.3 million in 2021. In Rodgers’ case, a portion of his salary will be sent to the Cash app every month to buy Bitcoin from it.
Like Rodgers, high-profile NFL star Tom Brady is also a quarterback. In 2021, the NFL player has started diving into the world of cryptocurrency. It is unknown if the NFL will pay him in crypto or if he will convert his salary himself.
However, Brady has not limited himself to just cryptocurrencies. In April 2021, he launched his own NFT platform called Autograph. With this, he wants to attract top talent from the world of sports, entertainment, fashion and pop culture.
Odell Beckham Jr.
Odell followed in Aaron Rodgers’ footsteps by also partnering with Cash App. He has indicated that he will have his entire salary of around $4.25 million paid in Bitcoin.
As part of his new partnership with Cash App, Odell said he would return $1 million in Bitcoin. Odell seems to be no stranger to crypto and NFTs. When we look at his Twitter profile, we immediately see a picture of a Crypto Punk.
The Carolina Panthers quarterback could not stand back and indicated that he would also convert his salary into cryptocurrency. However, his deal is not directly with the NFL. Trevor has struck a deal with crypto portfolio app FTX, formerly known as Blockfolio.
The New York Giants superstar revealed in July 2021 that he will convert his salary to Bitcoin. Like most of his colleagues, he is not paid directly in cryptocurrency, but chooses to convert part of his salary into crypto.
Unlike many of his colleagues, Sean Culkin chooses to convert his entire salary into Bitcoin. Most NFL players choose to convert only a portion of their salary. Sean goes all out and cashes in 100% of his paycheck.
Finally we have Aaron Jones. The Green Bay Packers talent signed a deal with FTX in September 2021 to serve as the platform’s ambassador. He even bought a share in the stock exchange. It is not known what percentage of his salary he has converted into cryptocurrency.