Bitcoin Forum

From one summer to the next one,  the price of the players is multiplied as well as the highest player's price in the history, at least by 2 times. As a result, due to the permanent elevation of the prices of players , and due to the new emerging laws in our sports which is : money is every things !
Could we see some deals paid  in bitcoin ?

https://i.imgur.com/MpZwUAw.jpg

It's a good idea to say that the transfer of players in the future will be in bitcoin, I am sure, It will be possible in the future, as we see now, players in great teams are sold with millions of dollars, So teams can pay that easily with bitcoin, also it will be great for bitcoin itself, with highest bitcoin transaction, maybe can affect bitcoin positively depends on purchase/sell because we talk about millions of dollars paid using bitcoin circuled here.

This may be possible but it needs a long term plan. Bitcoin must become an internatinal currency that all humains on earth have access to it. It needs banks for stocking bitcoin, with an extreamly high level of security because we're talking about hundreds of million dollars.
Paying players transfer value with bitcoin would be a great choice for clubs, but unfortunatelly, it still a fantasy for now at least.

I guess its possible if bitcoin will be recognized as a currency internationally, but as of this moment we still don't have enough supports so I think
players and managers won't accept and won't allowed receiving their monthly or yearly contract without any assurance that the value won't fall, we
should always be positive who knows what will happen after some years of bitcoin existence.

No as of now it's not even possible, there is a growing clamor to ban Bitcoins, UK and EU are pushing to regulate it, or impose further restrictions on it. So as of now it's really difficult to see how this would even function. What could happen and who knows if it happens, players could be accepting Bitcoin and under the guise of she'll companies hiding it, that's a possibility but official Bitcoin transfer are not happening now or future, unless some major law changes happen.

We could see that in the future that players will be payed in bit or if a player has a knowledge about bitcoin maybe he could request that as a payment to his/her management.

Looks highly unlikely of anything of that sort happening as all the transfers contracts and agreements should be maintained in the form of physical paper bonds with respective amounts transferred and talking about Bitcoin, teams cannot include a Bitcoin transaction in the papers as it wouldn't be deemed valid in all countries. Yet, I see this to be a thing in the future when Bitcoin is fully established among sports and gaming communities.

Unless bitcoin transactions are regulated in these countries I don't think so it is possible because all these transactions they need to show in tax documents and need to pay a proper taxes but if bitcoin transactions are not regulated then it is not possible so these things may not happen so easily or in near future.

The price of bitcoin is very high and the pics are very impressive. Now, in all around the world, the players' prices are so imaginary wich make money transction a bit complicated. So logically, we need a powerful currency wich can give solutions to these complications.

it will not happened in the near future because some of the countries still consider bitcoin can bringing bad influence for the people but i wish someday transfer players will be pay for bitcoin instead of cash although pretty heavy to realize but maybe 10 or 20 years again we will see it

With the emerging succes shef bitcoin and being popular, I think it is possible. It just needed a concrete and standard process to be accepted widely. It also needs the cooperation and acknowledgement of the ir local country so the payment will be legalized. Bitcoin can cover wide transactions in the future, we can expect an even growing and continuous success of btc.

I believe it will be faster, Japan and Australia already regulated bitcoin and I wouldn't be surprised if some player in any sport from there ask to be paid in bitcoins. For 10 20 years many things can happen, I think in this time many countries will accept bitcoins and maybe we will become cashless society, some countries announced that they will be cashless before 2025.
Soon some players will request to be paid partially in bitcoin partially in cash, and we will see what will happen in their case, personally I think this will go trough, we just need one sportsman to start all that.

A legend or popular personality that will influence organizations to try to pay thru bitcoin since there are ICOs for gathering sports enthusiasts as well ICO for sports event, it's a good deal for the players.

If everyone starts using bitcoin as a currency instead of fiat then we can see everything bought/paid with bitcoin but right now BTC is only treated mostly as an asset or investment. We have yet to see many more things to be bought with bitcoin, and I think player transfers to be paid with BTC is still a long way to go.

Yeah, that is the main case scenario which for now is not something that can happen. In the long run though, if bitcoin really tend to gain even more ground, it would end up being something good with players earning in bitcoin or transfers being done with payment in bitcoin. That would really create even some huge interest among sport fans who really do not know much about bitcoin yet. Hope the managements can really agree to something like that anyway.

Bitcoin is considered by several countries as mode of payment so it is possible to see a player transfers be paid with Bitcoin.  Though there would be several instances and requirement for this to happen.  If the player is a bitcoin believer and the team who currently have contract with achknowledge bitcoin and demanded the other team to pay them in Bitcoin. This might be a slim chane but it is, as I said, possible.

This is one of the things why it cant be accepted knowing that those countries do already have negative impressions into bitcoin which means it lessens the possibilities for this thing to be considered.This is why i wont really be surprised if they do deny it on the very first place and as most people said on here managers and even those players wont really plan to accept their salaries on bitcoin form because of its volatility and not having a fixed price.

If any club wants to make transfer in bitcoin for players than they can easily do this as there are many third party payment processors which can easily convert bitcoin received to directly bank account.

But they might find it just as another stunt rather than a practical way to make transfers, they will not care until bitcoin will be 1 million $ per coin.  ;D

I believe that at the current bitcoin scenerio, it is going to have some law problems, as it is impossible to pay taxes with bitcoin, and paying tax on a player transfer is a must.

Anyway, I believe that if a serious player will insist that he wants his transfer to be done in bitcoins, he is going to get it, and the team who bought him will take care of all the problems that may appeal.

If bitcoin is going to become mainstream anytime soon, and is going to be considered as a legal money, then I guess that we will see a large amount of players getting paid in bitcoins( if it will be considered as a regular money, then they are actually getting paid in money, not in a virtual currency).

It's very possible, contracts that will be paid in bitcoin is now going to be on trend. But it's up to the players if they are willing of accepting it so. I don't know if what I read was right that Messi is with bitcoin and it's up to their teams on how they will rely on it. There are some things to be fixed first like taxation and on how they are going to deal with it but in the future we might see it on news that a player accepted a contract through bitcoin.

Wow it will be a breakthrough for Bitcoin, and yes it's possible if both of the side want it, and it will be very profitable for the players because Bitcoin will keep on rising and it will increase Bitcoin popularity, the bitcoin users will enjoy another huge rising, I totally support this idea

yes I think in the near future we can see players are to be paid in bitcoin especially when it become legal in all countries. With the continuous progress of bitcoin many will want to be paid in bitcoin because of its increasing purchasing power.

Football players are paid very high, in millions in every currency, why would they risk so much money with bitcoins? If they wish they can buy some and invest in many altcoins, but do they care about that at all? They have their stuff who take care of finance's.
Probably main problem is legality of bitcoin, if bitcoin is not legal how can someone be paid in bitcoins and pay all the taxes, it would be really tricky . We will see player transfers when bitcoin become much more regulated then it is now.

That may not happen now but in future this may play out. Some players may have desired to be pay in bitcoin now but there could not express such desired because of the way they pay master may look at it. I have been thinking along with what you have said but it should be futuristic as now our governments see bitcoin as enemy. If you look at the rates most of the footballers are collecting they pay if that can be convert to bitcoin payment we would definitely going to see bitcoin in the moon as this is going to publish bitcoin to maintream media's.

The way in which adoption of bitcoin and crypto currency in general is going I have a strong believe that in the nearest future such payment will be paid in bitcoin and will no longer be paid in Dollars, pounce or other fiat currency as usual.

I am sure that future betting is going to be with bitcoin. As a matter of fact, it will be much more fun because the value of bitcoin is always changing. For example, let's say I bet on 0.01btc which is 150$, and my friends did the same (assuming we are 4 players, thus 0.01 per each).

And let's say I won those 0.04btc which is worth 450$ and I saved them. Later on, the price increased. It would be very profitable for me. That is why it is really fun and exciting.

The idea of it is quite good for us and for the Bitcoin community but I think that is still far from happening, at least, with the current state of how players are being paid. There's a high chance that management handling these players are only focused in upbringing their teams and would likely never heard or know very little about Bitcoin. Their main business right now is still revolving around fiat and they probably don't have any rules regarding BTC payment for players. It is still possible in the future but not in the very near one.

The possibility of that is something not likely at this point only when government fully accepts bitcoin as a form of legal tender. The reason for that is because for those record breaking deals for players, a lot of eyes is already on that money and not all will even go into the players personal account. Taxes will be paid which is a sure one. Today we have heard cases of players being sued for tax related offences which could land them in jail if taken to the extreme and this is still the case of being paid in fiat imagine what would happen to a player career if he choose and get paid in bitcoin. The only thing is just to send him to prison straight.

Yeah, we could see it in future, it is not a difficult thing, if players are agree on it then it will be happened now Because bitcoin is almost here in every field of our life, then why not players transfer paid with bitcoin.   

I guess, for player transfer is not. Just imagine, for example saga transfer neymar from barcelona to psg in pay with bitcoin, but when the process of bitcoin delivery, it was hacked by hackers. That would be very dangerous and a bit funny in my opinion  ;D

As long as a certain player has an idea with bitcoin then I guess it would be possible to see this kind of scenario in the future, if he do not want to hold bitcoin then he can easily exchange it for fiat then cash out, what's important is the value, they have already invested in themselves because they have the skills that gives them money, so money is the most important to them and bitcoin is money.

for transfer saga which is a lot of money involved then i'm pretty sure the process will more secure but indeed transfer players use bitcoin as the payment is hard to be realize and risky also transfer fee for bitcoin is pretty high now so probably the clubs will think twice to use bitcoin for buying the players

There are rules that must be met in the transfer of players especially in Europe. Not just an agreement between player and the club only. And as today there are still many parties being nervous with bitcoin, player's transfer with bitcoin will remain as a discourse.

i don't think it will happen because the price of bitcoin that always changed every minutes. Players transfer is involved a really big amount of money and bitcoin is good actually to become as the payment. Maybe when bitcoin become popular someday, players transfer will be paid with bitcoins.

Football players are only seeking money and honestly they need that because the day they stop playing they don't have any other source of money except if they do publicity for some brands or start a coaching career , but most of them end up just spending from the money they gathered during their football career , those guys don't even have retirement checks so they need every penny they could get when they are on teams .

And transfers between teams is the most fruitful activity for them because they get large percentages of those deals between teams especially if they played well in their last seasons , and risking those transfers by getting paid in bitcoin isn't something that most players would agree to i guess because you never now if that money will persist , in addition they'll have to pay tax to the government whenever they transfer and paying in bitcoin isn't acceptable by most of the countries so that's why i don't think the'll ever be transfers paid in bitcoin.

This is known as day dreaming :D Bitcoin is only good to be kept as a secondary payment system, it cannot be a primary payment system ever. Government is not implementing it because there are think-tank with government who measure things into broad sense. People emotionally most of the time thinks individually only to the shorter period.
Everyone talk about football player getting high packages so, why will a player ask to be paid in a currency which don’t have the ability to remain stable. What if government ban it in future like china did? The moon price will go underground in less than 24 hours.

Hopefully, but I think it really takes time specially ordinary people who gamble they still prefer to have cash on hand. Bitcoin is a great cryptocurrency and I think you will have the advantage if you get this through gambling since the price of bitcoin continuous to soar higher.

Players are much more attracted towards some real cash rather than some crypto currency. The reason is that bitcoins’ price is always fluctuating and if deal will be done between two clubs in crypto currency then it is more closely to no acceptance of players because they don’t want any kind of risk in this regard. However, if the prices of BTCs only increase then all the transfers will be surely done in BTCs.

That would really be fun seeing something like that happening in our favorite sports. However, it is something that would still take some time before we start seeing and with that we should really have seen bitcoin hitting the mainstream already. For now though, everything balls down to the management and their enthusiasm towards bitcoin as well as even the players.

In some perspective why not it is already happening but only behind the screens like for avoiding taxes, players opt for bitcoins. I am sure it must be already happening everywhere hence with players also.

It is unlikely that it will happen, bitcoin isn't that popular yet and it will take a lot of time until bitcoin is used as a payment option for big money transaction because the volatility is too risky for that kind of money.

This is a really good idea to be executed. Payment the form of bitcoin will bring ease to those who anyways would want to convert the paid amount into bitcoins. It will also attract new users and players in the name of bitcoins.
It will also create a more profitable playground brcause when players will receive payment in btc they are by this way already getting their money invested.

That being said, such payments still need allot of planning and better development in the fundamentals of bitcoins. Not only that but the trustability of bitoin needs to increase and the time bitcoins take to confirm a certain transaction should be reduced to as lower value as possible.

It might be unlikely, but that's not because Bitcoin isn't popular enough. Heck even my parents are talking about Bitcoin and it has been in the mainstream news for years now.
I just don't see a reason for clubs to pay their players in Bitcoin if they can just use fiat.

They probably don't want to spend the time, effort and money to figure out how to pay their players in Bitcoin, especially if there isn't a demand for it by the players themselves.
Then there's all the legal aspects that need to be figured out, just seems too much trouble for them tbh.

Players in the world have so much salary in the past couple of years and that salary is still growing. They are enjoying the benefits of their entertainment job. For them to be paid in Bitcoin, as all the colleagues here said, the Bitcoin must be accepted everywhere. It is not still widely known as a payment system. Some people don't even know what the Bitcoin is. Also, I think that football players wouldn't be pleased when they would saw their payment on the Bitcoin right now. This decentralized crypto is not stabilized yet and people cannot be paid with the crypto that can fall to the 0 next day. International currencies are stabilized and recognized. Bitcoin has many more years to connect itself with the world to be applicable to the player transfers.

Deals in bitcoin can happen in the right time at the properly contract and also at the right place. There are countries that are very strict when it comes to taxation, I don't know if there are exemptions when it comes to athletes. But if a gov't sees that athlete/player is trying to receive a contract to avoid taxes in general of that purpose, he can lose his career but otherwise stated properly that's a good one to try for them.

It is really a good idea but not the kind that will ever be executed anytime soon. The rate at which bitcoin is going though, and the gradual impact that it is having on the mainstream, we might end up seeing some pretty huge stuffs being done in bitcoin in coming years and who knows ?

This may actually end up being one of them. Like you said, it would require a lot of planning and before we can even get to that stage, bitcoin must have at least been a little bit less volatile compared to what we have now.

Many people would see it in a negative aspect. This kind of transaction already involves money laundry, that is a shady activity as players don't have real price, it depends speculation and then people have a source to execute shady activities, the rich ones. Soccer business is one of the most corrupt industry in the world. It would affect Bitcoin negatively. Bitcoin shouldn't be seen together with this kind of transaction.

That was before, bitcoins has likely changed how people view bitcoins because it is has been used more on other legitimate things unlike before when the darknet was extremely relevant. I am thinking though, anything is possible, hence there is a great possibility for Bitcoins to be implemented in all things finance, so we would just have to wait for things to shift to bitcoins or other cryptocurrency if that is a much more viable option.

I mean trading of soccer players isn't a so legit operation... People use it to practice money laundry saying the player values X, but truly they pay X-1 for the player, laudering the rest of the money ("1"). That is a shady activity, the sports industry, especially soccer is shady and corrupt because the leaders of the industry. And like before Bitcoin was related to the "darknet", as you say, it can happen again, but now related to these more refined schemes.

Bitcoin may not be popular yet, but I will not consider the possibility of it not happening but there would be a huge tag down on tax issues though if something like this, eventually wants to play out. It would still take a lot of time like you said and it is not even going to be anytime close considering how these places have some tough laws on monetary most especially in the soccer industry.

With bitcoin becoming more and more popualr and with its high price, it comes to no suprise if we see players being bought and sold to teams using bitcoin, they are after all investments and what better way to invest in them than to pay them with bitcoin, and bitcoin being a huge and a popualr investment i don't doubt that paleyrs already use it, they get paied a lot of moeny after all and i don't think they don't invest it in bitcoin.

If I were a player and I will be paid thru bitcoin, i will willingly accept it, since players are paid high especially if they are popular it will be a great investment on it, there are sports ICO that are looking for players and maybe paids also with their tokens.

We can't determine by now coz bitcoin can make anonymous transactions and the government wouldnt want that. Tax is life  ;D ;D

This can also make the government do something to prevent such transactions or paid contracts through bitcoin. We know that money is the blood of the government and if everyone will take this as an example no one is willing to give up and would like to continue paying their taxes.

Once the amount is paid in bitcoins, i am sire that the club is going to cash it out immediately because of the case of bitcoin volatility. They may choose to wait and see the value increase and hence make a lot of money from the transfer with time.

It might happen in the future but for now i think not because no one support it yet but no one know the future of crypto,i think in the future we can stable the price of btc because of the so really high price or it can happen that this is continue to grow little by little and never go down the price so we can call this as a international money like international langauge called english.

Yes that's natural that he/she will cash it out for immediate use but the thing here is that those players that will get contract and get paid through bitcoin are going to avoid the taxation for their contracts and that's really possible to happen so it depends on them if they'll declare it or not.

Lol. That would mean big franchises would be seriously dealing with btc. I don't that happening anytime soon if it's its even going to happen at all. And there should also be agreements for two parties so managers would have to both agree for this to happen

Till date I have never seen such gamblers who use bitcoin in gambling but as it is mentioned that it will bring ease in payment methods. One would not have the fear of stealing or robbery. He will be relaxed with his pocket. When he leaves the casino or any other place where he gambles, he will be back with full or empty bitcoin wallet and no cash in his pocket. Therefore he will be more relaxed.

Of course there must be an agreement on the both sides, otherwise the transfer will not take place, even if it has taken place, the amount transferred can not be counted as paid. In fact, there is a misunderstanding between us, because when I thought about the idea, it was for bitcoin users, or for the investors in bitcoin. Which means the both sides have confidence in our cryptocurrency so your problem never arises.

It is possible however it does need a very deep and serious plan so the owners can probably think of a new way of paying players in bitcoin, I think that would be a great idea however it would need a huge amount to invest in too.

I think it is a good idea that players are paid with bitcoin. By this way bitcoin will gain its popularity in those communities who don’t know anything about bitcoin. If this continuous for some time the entire world will come to know about bitcoin. By this way bitcoin will hold the market in a very short time. But for this every player should have a bitcoin wallet and also able to use it. The world is gradually turning towards digital currency.

Actually, yes it's possible to transfer paid with bitcoin. I believed that each of us in bitcoin community has a an online wallet that served as our own wallet to transfer our rewards here. Just the same when playing gambling to those players have also an online wallet that enable to transfer bitcoin to another wallet but before that there should have an agreement on particular amount of bitcoin. Also, having trust to both side by transferring the bitcoin via online treansaction. I believed someday that most of us will used this kind of agreement, transferring each other bitcoin especially on urgent time that we need a fiats.

We can see it when Bitcoin will be legal because in some countries Bitcoin is banned so you can not pay players with it and then they loose it.
But I don't think that it will happen even when it will be legal because its value is so volatile.

First of all, for the volatility of the bitcoin value I think if the both sides : sender and receiver are agree to be dealing with bitcoin.
Second, the legality of the bitcoin is only a matter of time, sooner or later Bitcoin would be legal and the transactions would increase. Which will engender an explosion of value too. Finally, I want to remind you that with bitcoin everything is possible !

the legality of bitcoin still debatable currently but still possible to bitcoin being legal for major countries but in my view volatility still being the main problem to transfer players use bitcoin and as far as i know there is no steady price for bitcoin so this is might be slightly hard

You're right dude, as long as both side have an agreement about to transfer a bitcoin which need a bitcoin address in terms of payments. Also, gain trust to each other so that it will continue to next game or next event that they playing. I believed that in the future this kind of transaction as the bitcoin is set as mode of payments like on buying in the department stores which you just pay by transferring your bitcoin as what players did having a great and agreement of each other.

If governments are allowed to do these kinds of transactions then I think it is possible because governments take taxes on these money transactions but as of now with bitcoin transactions, it is not possible. If governments regulate bitcoin transactions then it may possible in the future but may not be so soon.

Yes. Its possible especially for those who have bitcoin wallets. Its will be convenient for them to pay in every gambling games they play. I think its happening now especially for those playing online. If both parties have the same payment method then it can be done. As to its legalities then it should be regularized. The authorities should come up regulations for this matter since it is existing already.

You forgot to consider that the player has to pay tax for the transfer, which means that bitcoin has to be legal in the origin country+destination country in order for the transfer to be legal.

Also the voltality does matter.
The player has to pay a lot of things and he stays with a signicifently smaller amount then he should be receiving, if the bitcoin price decreases, he may stay with nothing or even may stay in a minus.

It is impossible to make player transfers in bitcoin  until the price will become stable at some level.

We will certainly see players being paid with bitcoins in future. Bitcoins are gaining popularity, and value is being gained in recent period to a large extent.
Bitcoin have been a major revolution in economics in recent period and people are slowly accepting it marginally everywhere.

So we can very much say that bitcoins will be accepted and given as payments and transfers for players. It will actually be liked and enjoyed by the players themselves because what they win automatically becomes investment.

It is an interesting concept and I'm sure at some point we will see a transfer paid in crypto it would be great for publicity. There would be a few barriers in the way tho such as tax and bitcoin would have to be used mainstream. 

Haha Still a dream. But for this to happen first teams must get their  earnings in BTC because think like one day they decide to convert their fiat into btc and the very next day price of bitcoin falls. Teams will end up spending much more btc to buy players. But yes with advent of blockchain we might even see an all together new cryptocurrency which would empower the game of football.

I think it looks like a very distant so far any club or sporting boards hasn't used or think off about the use of bitcoin, in future if it has to happen means first bitcoin should be accepted by all the countries and recognition should be given to the bitcoin as of now bitcoin is not official in many places.

If such a thing ever happens, then I am 100% sure that it will happen in Japan. Because Japan is the only economic super-power which has fully recognized and legalized Bitcoins. In any other country, the payment in Bitcoin will involve a lot of hassles and tax-related complexities. I am not saying that Japan is perfect. But right now, it is the best option we got.

I think this is a bit ambitious. Paying such big transfer amount of money with bitcoin is still hard to achieve for now. Bitcoin is still not popular enough. Some people still have a bad idea about bitcoin. They think it's a currency used for criminal activities.
To pay such huge amount of money with bitcoin is still a fantasy for now, maybe if there is a will to achieve that, we will see it becoming a reality.

I don't know if the franchise meaning the team would be utilizing Bitcoin as the currency that they are going to pay for players, especially the sports people. I think it is more ideal for the E-Sports gaming atmosphere that would utilize Bitcoin as a mode of payment for them or a salary of some sorts.

For them to pay them using crypto currency,either they have to start a new coin so that they could pay them  :P other than that it is really hard and cumbersome to purchase a huge amount of coins as the transfer charges for the players are really huge and buying millions in coins alone could give a rally in that coin if they decide for fun.

That will be a good development if it ever happen because most countries are busy banning their citizens from using Bitcoin. I think our other concern should be, if the players whom might be paid in bitcoin have an interest in bitcoin. Its one thing for you to give or pay someone in Bitcoin, its also another thing for that person to know the worth of what he/she is been given.

It won't be possible and for the only reason is that bitcoin could help more players that are already evasing taxes, bitcoin cannot be supervised and for the countries that are paying these players huge amounts of money they need to control every player income so they pay the right amount in taxes.

The problem either way is that right now Bitcoin fees are through the roof. A player would need to wait weeks for their money to come through unless they want to lose 10% of their salary which I don't believe anyone wants.

With that said, I don't think BTC players transfers will be made anytime soon (unless it's done by LN).

I also have the same thinking that the players’ transfers would be done in BTCS in coming years because BTCs are becoming legal in most of the countries around the world. Also, it will reduce the problems related with real money when the transfer is being done. Paying player’s price in BTCs would also make the process more fast and reliable because instead of the bundles to count, authorities would have to check limited BTCs that would be transferred to them.

Not going to happen anytime soon, first bitcoin will need to be recognized as legal tender and that has not happened in many countries, it is the same issue with gold, in many countries is illegal to pay stuff with gold, or to trade for gold, but you can sell something for your local currency and then buy gold with it, so if a player wants bitcoin he will need to buy it himself.

I do think we'll come to a stage where players can be paid with crypto currency but it might not necessarily be bitcoin, i believe that governments will at some point issue their own crypto currencies.  May be a worldwide token standard or something.
The point the OP raises might happen at some point in the future but i doubt it'll be any time soon.  For this happen, not only do businesses have to adopt crypto currencies, governments have to as well because it has to do with employment, taxation, regulations etc.   And then you have the problem of volatility, if bitcoin goes up player ends up earning from the club more than it is contracted, if bitcoin price goes down, player might earn less than contract dictates etc.
I suppose one way it can happen soon is if for instance, for a particular player transfer, tax and other deductibles are taken out of a total figure first then the contract could be worded as any monies left which is due directly to player is to be paid in bitcoin, i've no idea how this would work or look legally though.

We will. It's only a matter of time before it happens. We had our first Bitcoin pizza, now we got restaurants accepting Bitcoin all around the globe. We had cars sold, now we can buy a Lamborghini if we need to. It may take a year or two, but it will happen. I bet some club will do it just for the attention and free advertising on bitcoin portals. 

Of course, it won't happen.  Bitcoin will never be used to pay for player transfers because of its volatility.  It can be used maybe for some internet games and players, but surely never for football player transfers. Clubs have enough money. They don't need bitcoins to get a player.

Sure it can happen since there is a high value in a bitcoin being over $17000 each one as of today.
So I can see them offering an incentive if they accept to be paid in this form of currency as it is being accepted more and more across the world.
It is worth more than gold per ounce so why in the heck would they not? :-\

In future things might happen in a similar manner, if players start realizing the growth taking place with bitcoin. Maybe already some deals could have got signed between players and sponsors getting paid in bitcoin. But such news won't get revealed that easy for some reasons.

I guess not unless bitcoin is legal in all countries in the world. So the possibility still exists, but not in a short time. It will only happen for a long time in the future. And I really doubt that happened, why? Because I doubt bitcoin will be legal in all countries. I'm not sure that will happen, the pros and cons about bitcoin will continue to exist.

But what will be the point of getting a crypto issued by a governments? It will be better for you to get fiat instead, this is what governments do not understand what kind of incentive they are going to give people to use their crypto, we use bitcoin because it is not affiliated to any government in the first place.

I don’t have the same opinion in this regard. People are getting aware of BTCs day by day due to its increasing fame. Also many countries around the globe, some of which are considered as super powers of future also accepted bitcoins for trading purpose.

In future, the whole world is going to be digitalized then how can one say that Btcs will not work as they are also digital currency. Also, people need secure and less frustrating thing than money.

On the one hand, I think the volatility would not cause any problem because the of both sides will agree on the exact value in bitcoin and also all the details remaining. Also, they will report, a contract that guarantees everyone's rights. In the other hand, this point of weakness could be turned into a quality because the price can go up and volatility in this case becomes a feature of bitcoin.

Volatility affects a lot of things, yeah you can stipulate the amount of BTC that would be paid, but that does not stop the price from falling or rising. It would result to a loss on either side. First of you don't convert your BTC immediately after payment nor would you be able to pay using your bitcoins directly after buying it. There is a time difference from all those actions.

For that to become possible a lot of things has to be operational first. One, the government and all major countries should now recognize bitcoin and cryptocurrency, two that it has been regulated to an extent that it is integrated to become a part of the economy and three that it is recognized as a payment system and on par with the paper money in whih we wre using now

Well, i even suspect there are some already but they don't intend to make them public in this era of football tax fraud here and there. Some teams might pay in bitcoin a part of the transfer fee in order to skip taxes so that they will under declare the value of the footballer or athlete in public. As time goes by i think bitcoin will have its place among us and such fees might be paid and quoted in bitcoin.

That's a good question but I really didn't thought about this.We know millions of Euro/dollar are handover while transfer.Recently we saw the biggest transfer of Neymar which worth 222M.I think it will be good idea to pay on bitcoin for the player transfer.But as we know bitcoin price always in ups and down.So I don't think Club team authority will agree on this.Because it's can reduce the actual amount of release clause.Another problem is many government don't accept bitcoin, they banned it permanently.So it won't be possible on those countries.

This is possible that they don't want to disclose that their contract is being paid with bitcoin or they are paid but with an undisclose contract so that they can certainly avoid some big taxation. Who knows? We are all guessing on what's the possibility if this is for real but if not, in the future this is definitely possible.

It is possible in the future but it will always depend on two things which is first the club owner and of course the legality of Bitcoin where the club is situated in. If the two requisites are all good then there will be no problem for a club paying in Bitcoin for the transfer fee of the player. I don't see any wrong with this as even car sellers are now accepting cryptocurrencies outside of Bitcoin which is really a good sign as many businesses are seeing what opportunity cryptocurrencies are giving to us. We can also say that these businesses are not afraid of the volatility as they can handle it on their own.

I wonder why it is not already happening in the sports world as they are would have been many big shots are already using bitcoins for many reasons and then they are approaching any player for paying them with the bitcoin payments along with explaining what are the advantages they will be having by accepting bitcoin payments.

Because sports industry is a multi trillion industry and players are being signed for millions. The recent IPL auction is a good example. When players are considering about paying multi-tier taxes then definitely they will prefer to go for crypto based payments for sure.

Guys! It happened yesterday! Here is the link:

http://www.index.hr/sport/clanak/turski-klub-prvi-u-povijesti-koji-je-transfer-igraca-platio-bitcoinom/1022808.aspx

Omer Faruk Kiroglu transfer is the first in history paid with bitcoin!

There are employees soon that will be paid thru bitcoin in Japan soon as the news flew last year of December, meaning we can't really tell this early that it will be impossible, it will base if an Sports agency or organization will be open on this idea. Having bitcoin as salary can be a good idea to those who have already knowledge in cryptos but to those who are just starting it will took them courage if they will accept it. There are sports organization that are open for ICO or have idea to run some ICO, who knows some of them might offer paying their players in bitcoin soon.

Can't understand the link and I don't know on who are those people out there. But my guess that this news is all about the "first transfer of bitcoin". Nothing as usual, they want only to document the first transfer and nothing will add to the discussion but if someone can translate it that will be better and will be an enlightenment.

Don't you know how to use google translate? In short, club Harunustaspor from Turkey bought player Omer Faruk Kiroglu for 0.0524 BTC. The club which sold him, hopes BTC will continue to rise.

Sounds too cheap but its a good thing that they are already recognizing bitcoin which can really be used on paying some players.It is really possible which i have read off on the link been given.If this adoption or thing be recognized even more then demand will surely uprise and would somehow add up on the awareness of bitcoins usage on any industry.

I know but I'm not comfortable using google translate, I did some before but its not accurate by that moment when I'm trying to translate something. Well if that's the news all about that's a good adopt but with the current price of bitcoin at $8,500 * 0.0524 BTC = $445.4

That's what I noticed but the adoption is what matters most this will start all bitcoin payments through the entire sports community.

Already happened even though it was with a Turkish Amateur League side, coz of the club of their stature maybe most will not take them very serious, but it is a start of something. Also, Arsenal have just recently signed a partnership deal with a US cryptocurrency firm - CashBet. So the more football clubs start having some sort of relation with Cryptos, and their finance department understand it better, we could see such activities grow in the next couple of transfer markets.

Link: http://www.bbc.com/sport/football/42878706

Hahah this will happen for sure!
Crazy if it didn't happen till now, with some small teams in 3rd world countries. Coming soon lol

Why would you say in 3rd world countries? I think it's because bitcoin there is really beneficial and it would be soon to take over there with money. In Zimbabwe, I think they have some kind of currency there or I don't know if they use bitcoin already but it helps them.

It already happened, read posts above.

Recently one of the football club started to pay its players with bitcoin. Maybe this could be a good start for more similar clubs to follow it. Recently saw an ico related to sports and more sporting personalities being a part of the community as well the development team. This shows the involvement of players into cryptocurrency.

I really feel that dealing with bitcoin in players transfert is a good idea bceause now the market prices are so high and we really need another kind of payment to make it easy. Bitcoin can resolve the problem and help investator to make an easier work.

I disagree. If Bitcoin would be used as a mean of payment for football transfers it would destroy football.

Maybe, why not? As long as it is not banned in that region or by FIFA, then I think it is okay! However some players for example in China will never get paid in bitcoin because it is already banned as well as the other countries that banned it. Also, if they are going to pay them with bitcoin, then I believe the price will be high because players get high payment. It is just a matter of time until bitcoin is recognized worldwide.

Maybe it could happen, but not for now because the price of Bitcoin is currently churning. That's not impossible because I think there are companies that transfers their money, invest their money, and manage their money with Bitcoin because maybe they feel that it's easier. Unlike the transfer in the bank use the regular currency. In the bank there are many boundaries that Bitcoin does not have. For example, like the limit of money transferred at certain hours and in one day, age to transfer and have a bank account, and if you transfer money in a very large and unusual amount, you will surely be suspected.

Yes that can be, in fact in different places people have to face different condition, in japan bitcoin is legal and they will like to be paid in bitcoin, while in china they may not be welling to be paid in bitcoin, because they may be facing problems while converting their bitcoins in to fiat currency in their local area.

That is sort of funny because being paid in bitcoin would mean their pay could either increase of decrease.
But a player did accept it in Turkey as the link has shown clearly enough.

There is a player in the NFL (that is the American Football league for those not familiar with what it is, it is in the States) that is quite into bitcoin and even started accepting it for merch and promoting an exchange called Cobinhood.

Quite interesting indeed: https://www.cnbc.com/2018/02/02/richard-sherman-nfl-players-are-curious-about-bitcoin.html
Cause if bitcoin does reach it's forecasted potential as most predict it reaching $50k later on this year, then you could expect him being the first to accept being paid by his football organization. And maybe some to follow suit.
Why knows, because bitcoin's value is really up in the air at this point and time very much so being sub $8k now. :-\

I think bitcoin isn’t a thing which should be banned because there is nothing bad in using bitcoin as a digital currency. Also bitcoin is very helpful to deal with transactions related to online procedures. Bitcoin popularity is increasing day by day and I think that the time will soon come in our lives when we will see player’s transfers paid in bitcoins as the world is becoming more modern and digitalized day by day. Bitcoin has made it place in trading also so easy to see its use in football.