Pay Me In Bitcoin
summary
Athletes describe choosing Bitcoin as a defensive financial strategy and give concrete results: a club moves from 15 BTC to 82 BTC on its balance sheet and holds a treasury worth over $5M, a sponsorship offer for 12 BTC in 2016 would now be worth roughly half a million, and athletes send cross‑border payments to family instantly. Practical advice includes using cold storage, avoiding exchanges, understanding tax treatment (income recorded at value on receipt), and small on‑ramps like $5 gifts to onboard teammates.
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chapters (9)
- 0:00Introduction to the Panel
- 3:33Motivation for being paid in Bitcoin
- 6:56The Bitcoin Team Journey
- 10:01Success with Bitcoin in the Locker Room
- 13:09The Reality of Athletes Losing Everything
- 16:19Educating Fighters on Bitcoin
- 19:12Protecting Young Athletes from Financial Pitfalls
- 22:05Avoiding the Temptation to Create Your Own Token
- 25:13"Free Your Mind" Philosophy
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