{"id":20572,"date":"2024-11-14T16:54:24","date_gmt":"2024-11-14T16:54:24","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=20572"},"modified":"2024-11-14T16:54:24","modified_gmt":"2024-11-14T16:54:24","slug":"miamis-odell-beckham-jr-trolls-no-coiners-as-stupid","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=20572","title":{"rendered":"Miami\u2019s Odell Beckham Jr Trolls No-Coiners as Stupid"},"content":{"rendered":"
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Back in 2021, Odell Beckham Jr made headlines converting his LA Rams earnings into a Bitcoin salary, but with BTC over $90K, the Miami Dolphins Quarter-Back is enjoying the last laugh.<\/div>\n
\u2018Soooo who said taking my Rams salary in bitcoin was dumb again?\u2019 \u2013 Odell Beckham Jr.<\/div>\n<\/div>\n<\/div>\n

When Beckham opted for a Bitcoin salary with the Rams in 2021, it was a gutsy call. With the crypto surge underway, he\u2019s now reveling in the sweet vindication over his skeptics.<\/p>\n

(X<\/a>)<\/p>\n

With the Miami Dolphins now, Odell Beckham Jr. set the trend by converting his $750,000 paycheck into Bitcoin through Block Inc.\u2019s Cash App<\/a>.<\/p>\n

This move synced with a broader shift as stars like Tom Brady, Saquon Barkley, and Trevor Lawrence jumped into the crypto waters, reflecting a new era of financial strategy among athletes.<\/p>\n

\u2026Maybe Tom Brady is out of his BTC trade, as he was good friends with FTX\u2019s Sam Bankman-Fried.<\/p>\n

But for the rest of sports, the trend is growing.<\/p>\n

The Rollercoaster Bitcoin Ride For Odell Beckham Jr.<\/h2>\n

When Beckham swapped his salary for Bitcoin <\/p>\n

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at $64,158, it seemed like a risky roll of the dice. The \u201ccrypto winter\u201d hit hard, chopping his take-home to $401,500.<\/p>\n

Yet, as Bitcoin rockets past $90,000, his gamble pays off, ballooning his original stake to over $1,052,000 if untouched.<\/p>\n

Beckham\u2019s choice is part of a broader movement where athletes opt for crypto payments.<\/p>\n

Digital currencies are earning their stripes as reliable financial assets, and athletes like Lionel Messi, Mike Tyson, and Cristiano Ronaldo are catching on. They\u2019re exploring crypto through direct payments and NFT collaborations.<\/p>\n

(CoinGecko<\/a>)<\/p>\n

The decision to receive a salary in Bitcoin is not without risks. Market volatility can drastically alter the value of earnings, as Beckham\u2019s experience demonstrates. Additionally, tax implications such as capital gains must be considered, potentially complicating financial outcomes.<\/p>\n

However, the rewards can be substantial for those like Beckham, who can weather the ups and downs. If Beckham had hypothetically held his entire $4.25 million contract in Bitcoin without selling, the current value could be nearly $11 million, illustrating the risks and rewards of this financial strategy.<\/p>\n

EXPLORE:\u00a0US Bitcoin Reserve: World On Precipice of BTC Arms Race<\/a><\/strong><\/p>\n

A New Era in Athlete Endorsements<\/h2>\n

When Odell Beckham Jr. opted for Bitcoin in his paycheck, it signaled a shift in athlete compensation. With digital currency gaining traction, more athletes may follow, tapping into crypto\u2019s wealth-building potential.<\/p>\n

The real adoption cycle is about to begin.<\/p>\n

Hell, we haven\u2019t even heard news of the BTC Strategic stockpile<\/a> yet \u2013 although some clues are emerging in Pennsylvania.<\/p>\n

The future of crypto-sport finance looks bright, with Beckham\u2019s bold step encouraging others to consider digital currency in their financial strategies.<\/p>\n

EXPLORE:\u00a0Indian Police Arrest Suspect Tied to $234M WazirX Cyber Attack<\/a><\/strong><\/p>\n

Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n

The post Miami\u2019s Odell Beckham Jr Trolls No-Coiners as Stupid<\/a> appeared first on <\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Back in 2021, Odell Beckham Jr made headlines converting his LA Rams earnings into a Bitcoin salary, but with BTC over $90K, the Miami Dolphins Quarter-Back is enjoying the last laugh. \u2018Soooo who said taking my Rams salary in bitcoin was dumb again?\u2019 \u2013 Odell Beckham Jr. When Beckham opted for a Bitcoin salary with […]<\/p>\n","protected":false},"author":0,"featured_media":20573,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-20572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/20572"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20572"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/20572\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/20573"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}