The Upside To A NFL Player Getting Paid In Bitcoin

Posted on by Steven Dobson

The story about Carolina Panthers offensive tackle Russell Okung has been reported by many media outlets.  Let’s hope the decision by Russell was an educated one because over a year and a half before he was paid in Bitcoin, he tweeted, “Pay me in Bitcoin!”

Some of this article was garnered from the New York Post article written by Nicholas Vega titled

Russell Okung to convert half his NFL salary to Bitcoin

and published on the New York Post website on December 29, 2020.

Some came from an article posted on theboardroom.tv under the title

Breakers Feature: Carolina Panthers’ Offensive Tackle Is Getting Rich(er) Off Bitcoin

On May 14, 2019, when Russell sent out his “Pay me in Bitcoin” tweet, Bitcoin was selling for a little over $7900 per coin.

On December 29, 2020, when half of his salary was converted to Bitcoin, the cryptocurrency was selling for $26,782 per coin.

The Upside to Getting Paid In Bitcoin

If Russell had decided to exchange his Bitcoin for cash on February 21, 2021, he would have more than doubled his money in less than three months.

Although the NFL paid Russell in U.S. dollars, his checks are direct deposited to a company called Zap.

Zap is a startup company that converts traditional paychecks into Bitcoin.

Apparently, Russell is a friend of Zap owner, Jack Mallers, who told Coindesk that unnamed players with both the New York Yankees and the Brooklyn Nets have joined the program.

Getting paid in Bitcoin will become more common when the public becomes more educated about cryptocurrencies.

Read the article below, leave a comment, and subscribe to my blog so you can be notified when new content is posted.

https://nypost.com/2020/12/29/russell-okung-becomes-first-nfl-player-to-be-paid-in-bitcoin/

 

Russell Okung to convert half his NFL salary to Bitcoin

December 29, 2020 | 9:58am | Updated

Bitcoin is going pro.

Carolina Panthers tackle Russell Okung has agreed to receive half of his $13 million salary in the form of the volatile cryptocurrency, a payments startup announced Tuesday.

Although the NFL still pays Okung in US dollars, the checks are now sent via direct deposit to Zap, a startup that converts traditional paychecks into bitcoin.

Okung tweeted in May 2019 that he wanted to be paid with the digital token.

“Pay me in Bitcoin,” read the simple tweet.

On Tuesday, Okung’s Twitter account was updated to say “Paid in Bitcoin.” He also tweeted a possible motivation for the odd request: “When we are all paid in Bitcoin, no one can tell us what to do with the value we create.”

The 32-year-old Texas native may not be the last professional athlete to be paid via digital currency. Zap founder Jack Mallers, who is reportedly a friend of Okung, told CoinDesk that unnamed players on both the Yankees and Brooklyn Nets have joined the program.

Bitcoin has been on a tear of late, surging past the $20,000 mark for the first time earlier this month and recently trading as high as $28,387 per coin.

The value of the world’s biggest cryptocurrency has been boosted by hopes that it will become a more widely used payment method, with mainstream digital payments firms such as PayPal and Square allowing Bitcoin on their platforms.

The digital coin has soared before only to crash back down to earth again, most notably in 2017 when it first neared the $20,000 mark.

Read The Board Room’s version of the article below:

Breakers Feature: Carolina Panthers’ Offensive Tackle Is Getting Rich(er) Off Bitcoin

102 thoughts on “The Upside To A NFL Player Getting Paid In Bitcoin”

  1. Log in says:

    I have read your article carefully and I agree with you very much. This has provided a great help for my thesis writing, and I will seriously improve it. However, I don’t know much about a certain place. Can you help me?

  4. Scotthox says:

    You mentioned it effectively.
    no deposit online casino [url=https://bestonlinecasinoreal.us/]pa online casino promo codes for existing users 2022[/url] luckyland online casino

  9. Oscarsawame says:

    Nicely put. Many thanks.
    [url=https://essaywritingservicehelp.com/]write essay service[/url] writing a college application essay [url=https://essaywritingservicebbc.com/]college essay writing tips[/url] essay writing meme

  10. Haaryphelp says:

    Wow all kinds of good facts.
    [url=https://bestpaperwritingservice.com/]paper writing service cheap[/url] buy cheap papers online [url=https://bestonlinepaperwritingservices.com/]buy literature review paper[/url] best nursing paper writing service

  13. Oscarsawame says:

    You stated it effectively!
    [url=https://payforanessaysonline.com/]pay for college papers[/url] pay to have essay written [url=https://buycheapessaysonline.com/]pay for essay writing[/url] pay people to write essays

  15. Haaryphelp says:

    Wow a good deal of superb advice.
    [url=https://researchproposalforphd.com/]proposal writer[/url] term papers [url=https://writingresearchtermpaperservice.com/]write a research proposal[/url] custom term paper

  19. Haaryphelp says:

    Excellent forum posts. Thanks a lot!
    [url=https://quality-essays.com/]buy an essay cheap[/url] pay to get essays written [url=https://buyanessayscheaponline.com/]buy essays online cheap[/url] order to write an essay

  22. Haaryphelp says:

    Amazing postings. Thanks a lot.
    [url=https://phdthesisdissertation.com/]phd writer[/url] order a dissertation [url=https://writeadissertation.com/]dissertation writing tips[/url] dissertation services

  25. Haaryphelp says:

    Thank you, I value this!
    [url=https://argumentativethesis.com/]thesis titles[/url] writing a thesis statement [url=https://bestmasterthesiswritingservice.com/]thesis on service delivery and customer satisfaction[/url] thesis printing

  27. Oscarsawame says:

    Wonderful information. Regards!
    [url=https://dissertationwritingtops.com/]define dissertation[/url] mba dissertation help [url=https://helpwritingdissertation.com/]help with dissertations[/url] dissertation uk

  30. Haaryphelp says:

    Nicely put. Appreciate it.
    [url=https://service-essay.com/]legitimate paper writing service[/url] custom note paper [url=https://custompaperwritingservices.com/]paper writing services best[/url] college papers writing service

  32. Oscarsawame says:

    You definitely made your point!
    [url=https://essayssolution.com/]i forgot to do my essay[/url] help writing essays for college [url=https://cheapessaywriteronlineservices.com/]do essays for me[/url] writers for essay

  35. Haaryphelp says:

    Kudos, Awesome stuff!
    [url=https://bestpaperwritingservice.com/]paper writing services legitimate[/url] paper writing service [url=https://bestonlinepaperwritingservices.com/]top paper writing services[/url] what is the best paper writing service

  37. Oscarsawame says:

    Amazing lots of awesome info!
    [url=https://hireawriterforanessay.com/]write a summary for me[/url] write this essay for me [url=https://theessayswriters.com/]someone to write my essay[/url] write my essay for free

  40. Haaryphelp says:

    Regards! Ample content.
    [url=https://ouressays.com/]term paper writing service[/url] research proposal [url=https://researchpaperwriterservices.com/]research proposal in education[/url] research paper help

  43. Oscarsawame says:

    Amazing stuff. Thank you.
    [url=https://payforanessaysonline.com/]buy essays[/url] pay for essay online [url=https://buycheapessaysonline.com/]order essay[/url] essay for sale

  46. Oscarsawame says:

    Amazing a lot of very good advice.
    [url=https://essaywritingservicehelp.com/]college essay writing tips[/url] writing an essay [url=https://essaywritingservicebbc.com/]essay writing company[/url] cheap reliable essay writing service

  49. Haaryphelp says:

    Factor nicely considered!!
    [url=https://researchproposalforphd.com/]write my term paper[/url] online proposal [url=https://writingresearchtermpaperservice.com/]write my term paper[/url] proposal introduction

  50. Oscarsawame says:

    Good facts, Cheers.
    [url=https://ouressays.com/]cheap research paper writing service[/url] research paper writer [url=https://researchpaperwriterservices.com/]term paper help[/url] research proposals

  53. Oscarsawame says:

    You actually expressed that fantastically!
    [url=https://essayssolution.com/]write my research paper for me[/url] write my resume for me [url=https://cheapessaywriteronlineservices.com/]persuasive essay writer[/url] writing a good essay

  59. Oscarsawame says:

    Wow lots of valuable data!
    [url=https://essaywritingservicehelp.com/]writing a personal essay[/url] professional cv writing service [url=https://essaywritingservicebbc.com/]trusted essay writing service[/url] buy essay writing service

  61. Oscarsawame says:

    You definitely made the point!
    [url=https://homeworkcourseworkhelps.com/]homework[/url] coursework [url=https://helpmedomyxyzhomework.com/]cpm homework[/url] homework help

  63. Oscarsawame says:

    Cheers. I value it!
    [url=https://ouressays.com/]writing proposal[/url] research paper writer services [url=https://researchpaperwriterservices.com/]buy research paper[/url] online proposal

  64. Oscarsawame says:

    You have made your stand extremely well!!
    [url=https://phdthesisdissertation.com/]phd dissertation help[/url] phd weight loss [url=https://writeadissertation.com/]writing a dissertation[/url] dissertation writing services reviews

  65. Oscarsawame says:

    You stated that very well!
    [url=https://argumentativethesis.com/]good thesis[/url] define thesis [url=https://bestmasterthesiswritingservice.com/]a thesis statement[/url] thesis writer

  68. Oscarsawame says:

    Regards, Good stuff!
    [url=https://bestpaperwritingservice.com/]cheap research paper writing service[/url] paper writing service reviews [url=https://bestonlinepaperwritingservices.com/]paper help[/url] graduate paper writing service

  72. Oscarsawame says:

    Superb postings, Kudos.
    [url=https://domyhomeworkformecheap.com/]do my homework[/url] do my homework for money [url=https://domycollegehomeworkforme.com/]reddit do my homework[/url] do my homework for money

  75. Oscarsawame says:

    Reliable forum posts. Many thanks!
    [url=https://hireawriterforanessay.com/]write my essays online[/url] write my essay for me [url=https://theessayswriters.com/]who can write my essay[/url] write my essay for me

  78. Oscarsawame says:

    With thanks, Plenty of postings!
    [url=https://payforanessaysonline.com/]pay for papers[/url] buy essays [url=https://buycheapessaysonline.com/]pay for an essay[/url] buy an essay online

  82. Oscarsawame says:

    With thanks! Quite a lot of tips!
    [url=https://hireawriterforanessay.com/]do my essay free[/url] automatic essay writer [url=https://theessayswriters.com/]online essay writers[/url] write a essay for me

  85. Oscarsawame says:

    Very good write ups, Appreciate it!
    [url=https://dissertationwritingtops.com/]dissertation editing services[/url] dissertation proposal [url=https://helpwritingdissertation.com/]dissertations[/url] dissertation abstracts

  88. Oscarsawame says:

    Wonderful stuff. Many thanks!
    [url=https://homeworkcourseworkhelps.com/]homework help cpm[/url] do my homework [url=https://helpmedomyxyzhomework.com/]pay to do my homework[/url] coursework

  90. Oscarsawame says:

    Fantastic stuff. Thanks a lot.
    [url=https://dissertationwritingtops.com/]doctoral dissertation[/url] dissertation uk [url=https://helpwritingdissertation.com/]writing dissertations[/url] definition of dissertation

  93. Oscarsawame says:

    Thank you, I appreciate it.
    [url=https://payforanessaysonline.com/]buy essay online[/url] pay for essay reviews [url=https://buycheapessaysonline.com/]order essay[/url] pay for an essay

  95. Oscarsawame says:

    Nicely put. Thanks.
    [url=https://bestpaperwritingservice.com/]paper writing service[/url] pay someone to write paper [url=https://bestonlinepaperwritingservices.com/]paper writing service reviews[/url] best paper writing services

  97. Oscarsawame says:

    You actually suggested it adequately.
    [url=https://researchproposalforphd.com/]research proposals[/url] proposal writing [url=https://writingresearchtermpaperservice.com/]term paper[/url] write my research paper for me

  100. Oscarsawame says:

    You stated this really well.
    [url=https://phdthesisdissertation.com/]dissertations online[/url] phd dissertation help [url=https://writeadissertation.com/]what is a phd[/url] dissertation abstract

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>