Bitcoin Forum

Found this interesting:


Source: https://bleacherreport.com/articles/2924583-russell-okung-to-be-1st-nfl-player-paid-in-bitcoin-65m-of-panthers-salary

After reviewing some of Okung's tweets, he appears to be quite the bitcoin bull, and backing it up by requesting half his 2020 salary in bitcoin.

If this is true, then the traction of adoption of Bitcoin is moving in a linear path. If others start the way he allocated some of his salary in bitcoin, we will see more surge in the coming years. I would like to imagine how Bitcoin and crypto entire market will react if top football start like Messi and Ronaldo take this path, it will be crazy pump of days and week before the the pump will cool down.
Who knows if they are secretly doing it already, imagine top players in every football club own at least a bitcoin, the demand will be super active with less supply just the way PayPal is buying almost all the bitcoin that are mine everyday.

Already few leagues were sponsored by sports betting platforms with cryptocurrency acceptance. Even few teams had placed the bitcoin logo on the sleeve. Some way positive news associated to bitcoin and the sports sector is getting rolled often. Now NFL player getting paid in terms of bitcoin is quite interesting and this can make more players follow the same form of salary.

Its indeed interesting!

Just be sure that those player do know the risk and considering on how many millions that they had made some conversion out of their salary then they should prepared to see
neither green or red into their portfolios but well its impossible that they arent aware with that scenario or possibility.

This is a good advertisement though yet any exposure or actions that involves Bitcoin would always be a good publicity.

That’s how supposed to be, it should be on the willingness of a person to receive Bitcoin as a payment or not, and this one proves that he knows Bitcoin and he believes on Bitcoin. I hope to see more athletes to agree on this kind of terms as well, I’m sure Bitcoin will grow more as we are slowly reaching the mass adoption.

It seems that this player, Russell Okung is also a crypto enthusiast.  Probably he already knows what is Bitcoin and he said from his tweet that he wants to free from fiat which is a being realistic choice.

This another points to Bitcoin that brings awareness to people and those who supported this player.  I hope there's someone who will educate them on the possible risk of holding Bitcoin.

There are different institutions now was aware of Bitcoin not only in sports.

Yeah, he actually displayed a better understanding of crypto from those few tweets than most people display on these boards. As for risk, I would gather that he knows the risk of holding extensive bitcoin, but also, as someone making $13 million a year, he also has the means to bear the risk. Even if bitcoin goes to 0, his income is $6.5 million for 2020. He'd still be fine.

Yeah, this is some crazy news, and if you consider how many new whales are being created (I'm thinking of all those companies that bought bitcoin, like Grayscale and MicroStrategy), you have to wonder if there's enough bitcoin to go around.  True, you can split a BTC down to a single satoshi, but if demand keeps growing like this, that one satoshi is going to be worth quite a bit.

I'd also say that Russell Okung has just given bitcoin some great publicity by doing this.  He must be seriously bullish on it to want to take half his salary in bitcoin.  It's risky as hell, but I respect such a ballsy move.

Seeing as the talks were already being made back in 2019, you can see that he's already quite the enthusiast. You can already be assured that he isn't one that was persuaded by the immediate profits brought by the bullrun we've had recently, and well, it is quite an interesting thing since this opens up the Bitcoin as a salary option. It was always a possible option, but we all know how there are some limitations that Bitcoin brings about that make this difficult, such as buying the coin itself to pay the workers, when they can freely do so in fiat with the already set up system they have. But hey, I do hope that it could be integrated at least, as an option.

With more and more celebrities promoting the wonders of bitcoin, I think that it will be a matter of time before mass adoption arrives. I hope that this endorsements will not harm bitcoin and its users in the future. Integration will be difficult because the prices is unstable and their salary could go down anytime the price drops and the employers will have a difficult problem of matching the employee's retirement fund with bitcoin, if volatility is solved then the next step will be pretty obvious and far more easier.

Good news to hear. Can't believe that they decide to pay a salary in bitcoin for this guy. His wish has been granted. His money has been used for quite a good investment. Bitcoin will never betray you if you have a decent understanding of it. Though It is kinda risky cause the price of bitcoin can be dumped at any time, this man swipes it away and I very much appreciate that. If the number of people (especially people who are famous) keeps increasing, Bitcoin mass adoption will soon become truth

More and more celebrities enjoy having bitcoin. This surely makes bitcoin spread widely over the planet. Without any hesitation, you should buy bitcoin for yourself. What are you waiting for?

With its good value and ease of the system, many have begun to choose to use bitcoin, even to pay someone. bitcoin is starting to win people's hearts. A great move for bitcoin and cryptocurrency.

I think this is really something amazing if a famous person like Russell Okung will not only tweet about Bitcoin but will choose to take such a large salary in it as payment too.

This is a historical announcement and it will be even a bigger deal when a player from Euro leaguess begin to request Bitcoin as their payments.

What is going to be a real good reaction from his teammates if the Bitcoin price continues to be a Bull run and his salary is worth more then when he was paid it.  Maybe they will choose to take their salaries in Bitcoin also.

He needs to hold his payment in bitcoin and waiting for the right time to sell at a high price. I am sure he will make a lot of money more than his salary when the bitcoin price increases. But I hope he can learn more about bitcoin so he does not panic when the price drops. He needs to prepare to get his bitcoin in a safe wallet, so he will not get any future problems.

Many athletes and sports personalities are really into bitcoin or at least crypto so it's just about time that we include NFL as well. I think he knows the risk here that's why he requested a 50/50, fiat/BTC payment as salary.

And this may set a precedent to other NFL players as well, so I guess this is really a good and welcoming news, and it could really influence others, even those billionaire owners can rethink how bitcoin could be a good investment to grow their wealth even more.

It is an example of a person's refusal of a certain idea to adopt another idea or a different theory in economics. Some companies have started accepting bitcoin in protest against some of the changes that governments have made that they do not like.
We hear positive news when the price changes to higher and when I hear from this news, I am not surprised because the price is high and everyone will think bitcoin will increase because what happened in the past was a good rise.

50/50, fiat/BTC will be best Dollar A C to buy more bitcoin.

I hope that he knows how to store it securely

Hope he is did that for good reasons rather than just to make quick money from the bull run.
Good reasons to be doing that could be for diversification sake, to use Bitcoin as a store of value, etc.
Hopefully he has done his risk assessment and is certain the amount is worth investing

I saw this news too and it's very interesting fact that nfl player is into bitcoin and it could spark chain of adoption towards other players that will give them more payment option on their contracts. Salute to this man for the innovation and adoption.

Wow that's really cool. I haven't read this before but this going to be a nice pay day for him in the future. Honestly if one of the athletes starts it won't be long until others are going to follow. For the NFL or the team it's not a problem, they can just buy the coins in the market and transfer them. It might be a problem in the future if you would have to buy them for the hole team. And for the athlete it's a great way to diversify out if the fiat money.

If this is true then it will be a biggest news for bitcoin community. And this is one more positive step for bitcoin.
If all the nft community start by this way then we should thankful to nft community because they are helping a soo much to make this bitcoin more popular to more people. I know when more people know about bitcoin then we think more we are going to see more potential news about bitcoin. Though we know that still lots of educated people Don't know what is bitcoin. If this type of news comes out then we are going to see some more exciting on bitcoin.

Sure, if you don't need the money, you can lock it up long term and just see what happens. I'm actually more impressed the team figured out how to pay him in Bitcoin and went through with it, because it just adds more steps in paying the player to have to go through the process of converting a significant amount of money into bitcoin so they can pay it to him.

I'm also wondering how he received the payment. Is he using personal addresses, and if so, how does he break it up among his addresses (lump sum to one, spread it out over many different addresses, etc.)? Is he set up to receive it through a Bitcoin custodian instead, like a Grayscale or Coinbase?  Very interesting.

So it looks like this NFL player will not be in fact paid his salary in Bitcoin but instead he will use a crypto startup called Strike to convert his salary to Bitcoin.
I am not familair with this app and I wonder if it would make more sense for him to buy his Bitcoins with Binance or another Exchange.  This is still big for Bitcoin to have him supporting it.
https://cointelegraph.com/news/nfl-player-russell-okung-isn-t-getting-paid-in-bitcoin-this-is-what-he-s-doing-instead

Site for new app  https://beta.strike.me/

It seems that he's interested in bitcoin and good for him to get his wish of getting paid in bitcoin. If it was me, I would also want to receive my salary in bitcoin. As long as you know how the market works, it's fine getting paid in bitcoin. Also, I find it nice that he's open towards his want for Bitcoin in his social media accounts and it's good because it can gain the attention of the public as well.

This has just being the begining of bitcoin going mainstream, it is so promising and becoming realistic. The bitcoin first trade was in 2010 while bitcoin has been growing gradually and now institutions joined. Now NFL player is paid in bitcoin through the lightning network. This is just another good way bitcoin is getting more adopted.

AFAIK he's going to be paid in half based on the other article that I've seen a few days ago.

Panthers, NFL shoot down report that Russell Okung is getting half his $13M salary paid in bitcoins (https://sports.yahoo.com/russell-okung-will-have-half-his-13-million-salary-paid-in-bitcoin-154406450.html)

It is a huge amount if he's going to be paid in bitcoin. It's a wise decision as if he's playing and getting paid with an investment. Other athletes might do what he did with their contracts.

This just is the beginning, we will see more of this superstars demand this, they have nothing to lose but something to gain, if the price of BTC goes to $100k this year, some of his colleague will think about having part of their salary paid in BTC and it will go viral, we are just getting started.

Those are perks of being a star: First you invest in Bitcoin, then you speak up about it, many people follow, demand rises, price goes up, you are in profit! :)

The only question is when to cash out, considering that BTC isn't a pyramid scheme that will eventually collapse.

It is unusual but the player probably realise the potential of Bitcoin and he is very wise by doing that. He’s move could also encourage other athletes, fans or his teammates that who wants to invest in cryptocurrency. In next few years he will reap the benefits of his decision.

To be honest, this is a PR stunt in order to use bitcoin and its glorious bull run to gain popularity and appeal to the bitcoin users on social media to follow them.

That has been the case with every other celebrity/sports personnel commenting about crypto and so on. Probably the guy himself knows nothing about what bitcoin is and how it works - I can bet on that. Social media comments are never done by the person whose name is on the account but social media managers (SMM). Just tell them to pump up the account with some bitcoin related stuff and pull up the media for such a stunt and you are good to go.

Skeptical but in many cases this is the proper case. ;)

I truly love it! Now that he leads by example, I bet that others would be curious and may be following suit if he educates them very well about Bitcoin, cryptocurrencies and blockchain technology. He has a lot of influence, so I honestly think that some of his followers may start to learn more about Bitcoin and buy it.

The news of the NFL player as one more in defense of Bitcoin has several opinions.
It is important to read the source to give a more accurate opinion.

I think it is a natural feeling as it has happened to us at some time when we know about Bitcoin and we want to earn our salary in Bitcoin. The NFL player has reported that part of his profit converts it to Bitcoin with an app called Strike.

On his Twitter account he shows himself as any Bitcoin advocate, I imagine he would be pleased if his teammates also followed him on this great adventure.

https://twitter.com/RussellOkung/status/1343923267019698177?s=19
 (https://twitter.com/RussellOkung/status/1343923267019698177?s=19)

https://cointelegraph.com/news/nfl-player-russell-okung-isn-t-getting-paid-in-bitcoin-this-is-what-he-s-doing-instead (https://cointelegraph.com/news/nfl-player-russell-okung-isn-t-getting-paid-in-bitcoin-this-is-what-he-s-doing-instead)

Now considering the fact that the BTC , it did an amazing job in the year 2020 and have us all a new year gift in 2021 I do believe that it is actually an investment to be paid in BTC.

The guy didn't only increased the value of his salary but he did also allow authorities to publish the same information online which does mean that he did help the BTC community too when it comes to the terms of advertising this is all we have. The price ofcourse speaks for itself but having people with a fan following believe in it does wonders for the audience.

The teammates might to might not but we all do know that all of them are now regretting that they didn't take the same steps.

I do hope he makes a wise choice and decides to either hold or encash timely so that he does not make a mockery out of bitcoins and himself too. It is now in his possession, his salary and the opportunity to do what he wants with bitcoins therefore I hope it goes good.

It is rather good to have such people share their thoughts publicly since we know most of them decides to keep the whole audience in the dark , many investors, players , business personalities are hidden thus it is rare to see such dedication.

I dunno, he was tweeting about bitcoin and wanting to be paid in bitcoin in 2019, long before this most recent insane run. I suppose it’s possible to be a publicity stunt, but to what end?

If this true , that is because they are know about bitcoin and i think they use it for transact everyday. If thats report spreading fast in many media , that is the stepping stone that can make bitcoin popular in the world. But i think and many said that there is only publicity stunt  to spread only the goodness of cryptocurrency and the bull run of this.

Topic linked was in December so I assumed that it was in 2020. Wanting to be paid in BTC since 2019 - but did that come to reality in 2020 along with all the bitcoin pumping tweeting?

In any case I would classify this as a publicity stunt for gaining attention and so on, just like all those celebs back in 2017 during the ICO hype that pumped bitcoin.

If that is true though, then it is indeed sad that players are being made to accept things that they dont know about because their managers are the ones who actually run the PR. Sad truth of the sports industry in modern days.

I'm actually shocked an NFL team would grant the guy's request.

Most guys in the NFL go broke because their spending habits and lavish lifestyle doesn't coincide with their actual salary. Good on this guy for diversifying his income and putting some towards BTC. Don't think this will be the norm though. No middle income worker is going to request a portion of their income in crypto.

Yes, it might be nice that sports players are already paying in Bitcoin, which is the case with NFL sports players, indeed in the world of Bitcoin sports, it is generally known, especially the sport of football.

If I think maybe 2021, some other sports have started paying players in Bitcoin, this could happen considering the current covid situation that doesn't go away, hopefully what the NFL is doing can be a positive thing for other sports players.

The more good news related to Bitcoin, this will make Bitcoin even more popular and will attract many people. As did NFL player Russell Okung
asking for his salary payment in Bitcoin, hopefully it will be followed by other athletes too. So it can encourage more and more people to own
Bitcoin, and make the Bitcoin price rise even higher. Hopefully all work can be paid for in Bitcoin, because now owning Bitcoin is more profitable
than owning fiat.

I thought the entire team was paid in BTCitcoin. I am not a big NFL fan and hence i am not aware of these players but it looks like an individual requested to get paid his salary in BTCitcoin and it is a good proposition but right now the market is rallying and what happens if the market goes down, so i think it is a risky proposal.

What i would do is get the money and then invest according to my choice but what i speculate is that he asked to get paid in BTCitcoin to reduce the tax implication and if that is the situation it is a smart move.

This has been a semi thing for years now. Spencer Dinwiddle NBA player bought bitcoin with all his contract as well, this is why I say it was a semi thing because he wasn't paid in bitcoins, but he was paid and then bought bitcoins with it. This obviously became a bigger deal because the payment was made in bitcoin as well so it became a bigger deal.

We are in a world where grayscale spent like over a billion dollars on bitcoin, so I am not really in that much shock that some 13 million were paid in bitcoin, that is of course something that helps bitcoin adoption in the long run, because it is a news about some athlete getting paid in bitcoin which is a mainstream news. However in a year where we got 1+ billion invested by big banks, some 13 million is not really that much news worthy if you ask me, especially considering it is not even full, half of his salary.

It's quite interesting. I don’t know if it is true or not. But if this is true it is very good for the world. If people starts to use crypto currencies like btc eth it will much easier for them. Though there is some issues to be solved but hope it will be solved in near future. It will be the third chapter of human history of transaction after Barter system and paper currency system

Why wouldn't be true!? It's good for all of us, it's good for crypto adoption! When popular individuals do something you can see that everywhere, and this is exactly the marketing that we all need!
I will just remind others about the news from a month or two ago, when a very popular site said they are buying over $100 million to pay their winners, more than 60% of winners wants their prizes to be in BTC, and numbers are rising!
All in all great things for Bitcoin, and the entire crypto community! We are going forward!

Nothing to discuss much, NFL player have signed an agreement to get paid in bitcoin. Rather than the news about bitcoin as an accepted means, looking upon the salary I got astonished. Maybe more other players can take the same step forward looking over the growth of bitcoin happening. They doesn't need to think of investment and all, get paid as a form of investment as the growth happens for sure.

This is the big news actually, when players start wanting bitcoin as a form of their salary, it means that the circulation of information and also the player's trust in bitcoin increases. and of course management and companies will start to look at how bitcoin can be implemented in a more complex financial system later

Its already a good advertisement or exposure when someone whose that popular or known in public is engaging into something. Any publicity will always be good for Bitcoin specially now

that it is already getting some attention into an extreme extent.Sooner or later we would really be seeing on how high or valuable bitcoin could be. When everyone is already accepting it

as a form of payment or salary then adoption would go even more higher which means high demand which would make it even more precious.

Lots would take out consideration on accepting it as a form of payment even with the risk of volatility then they would still be willing to accept that.

That only means the NFL will have a payment/salary option for Bitcoin soon and this will be the start. These pro athletes has huge salary and they can be a good addition in Bitcoin growth in the future.
I'm not sure, but I guess some pro athletes has been silently invested to Bitcoin. I remember Pacquiao who made his own coin but didn't took off (I'm not also sure). Considering these people got involved in cryptocurrency, and so does Bitcoin.

When one player wants bitcoin as a payment for their work, this is of course a very significant mass information reason for covering such a fact in the media. But still, a single fact is not a mass trend that can radically change the situation. When it comes to more, then you can expect synergy for the growth of the price and popularity of bitcoin.

Why can't they purchase BTC by themselves, rather than asking their employers to do that? Pacquiao was not the only celebrity who came up with his own coin. Dozens of others tried the same, including 50 Cent (he made his investment in Bitcoin as well and made some $8 million profit out of it). As far as I can remember, none of these coins managed to survive at the market for more than 6 months.

Another good news in sports and for crypto as a whole. They are now recognizing bitcoin, the fact that he wants his contract to be paid in bitcoin, I think he wants to hold it long term and he will belong to the one of the richest when bitcoin will eventually go to the moon.

Those NFL players are now enjoying bitcoin glory, believe me. that would happen if the news was true that they were paid in bitcoin in 2020. and if in a row they get paid in bitcoins and they hold bitcoin, surely now is the right time to sell them and exchange them for $.

Congratulations to that NFL player and to the team that believes in crypto. I'm sure other industries will consider this too.

Maybe many people will be against it - but I do not think that in my current state it is worth paying salaries with cryptocurrency. Why? The answer is very simple. First - additional profit (and sometimes superprofit) from nothing (it not so good in terms of working motivation). And secondly, you need to decide what will be the starting point dollars (5000$/month) or the cryptocurrency (0.12 btc) itself. If the first option is another way to raise money from nothing and this can relax employees too much, and second option may cause very funny situations when BTC simply may show x2 or -x2 in several weeks. And who will be the first to shout that corporations have taken away another freedom from us now? Of course, you, those who initially advocated to promote this topic. This is a very dangerous and slippery path.

At the current rate provably they are enjoying it a lot especially the price of Bitcoin rise amazingly, if the NFL players didn't cash out their bitcoins for sure they earn a decent amount of money by now, but if they choose exchange it immediately with fiat then this became a normal day to them since they miss the opportunity to grow their money.

If he continues accepting half of his payment in bitcoin, he would be a whale in the next few years. That is a piece of amazing news and the fact that the price of bitcoin right now is increasing means that his decision is on point. I wonder is other NFL player or other sports professional player would do the same, like NBA or maybe MLB.

So, the payment is based on one BTC, and send the payment in BTC? Well, this is a good movement done. However, it is sure that Bitcoin is now very hype, and many more industries, companies, institutions, clubs, and people are getting into the crypto world especially Bitcoin. This is good news moreover if they use BTC as one of the permanent payments. IT will also increase the trust and value of the BTC itself, isn't it? There will be higher demand again than its supply. really great.

I think that's one of the reasons why we are still in bullish run. People are still buying bitcoin for various purposes not just investment options. The more app we can derive from crypto, the better, as it will drive demand on the market, which of course is favourable to the community. I guess, there will be more players or artists like singers, musicians who will look into bitcoin option as part of the payment method for their services.

They had indeed missed out the opportunity on making more money with just holding those coins that they had  recieved as a salary but this same goes too when the market tends to have a correction.
They are losing money into the salary that they had obtained through the form of bitcoin.If they do accept bitcoin then they are much aware of the risk and i presume they didnt make some conversion to fiat.
This is the beauty when we do look for long term with btc, it can really give out some chances or opportunity to earn more in just a short span of time.
For sure there would be other players might be get interested nor get inspired on what this NFL player had done.

I think a very good decision was made by Russell Okung by asking for salary paid in Bitcoin. As the current Bitcoin price continues to skyrocket,
I believe Russell Okung will influence other NFL players to do the same. If more and more people ask for salary payments in Bitcoin, this could
make Bitcoin more acceptable to more people. The result will increase the Bitcoin price.

A few years ago, celebrity adoptions such as the one from Russell Okung would have made an impact at the cryptocurrency market. But now, with hundreds of millions of users and large number of mainstream companies accepting Bitcoin, it may not make much movement. But the fact is that Okung made the request two years back, in 2019. The media ignored it then. They are covering it now because the Bitcoin hype is back.

I would generally agree with this. Everything about bitcoin is being covered by the mainstream media right now because the price makes it newsworthy. It's hard not to cover it when it doubles in a month from what was at the time already an all time high.

Yep that's it, crypto related and most importantly mainstream media has been covering bitcoin like when set a new all time high and the whole market explodes. And also financial related websites, bitcoin is already hugging the limelight I would say together with gold and oil.

And maybe this is not the last time that an athlete wanted to be paid in bitcoin or at least in any crypto currency. Just like what we have seen in 2017 to early 2018 hype, more and more individuals including celebrities also FOMO.

We all want BTC to grow, but we can't be certain about further growing. Russell Okung, although being bullish, didn't buy BTC with all his savings. Nor did he request his whole current salary in Bitcoin, but only a half of it. And that's a wise move on his side, economically speaking.

It's a wise decision to him since we know the volatility is so tricky and it's hard to put all his assets in that option since if the bitcoin price collapsed then it's a huge lose further that's why the idea of splitting up is good since he will not worry about being broke if bitcoin drops and can able to earn if the pump goes on.

The discussion is related to his salary for the previous year (2020), when the exchange rates were generally low. For most part, Bitcoin was trading at $10,000 per coin. So in case Okung is receiving salary on a monthly basis, then the chances are that he is in a very good profit right now. Even if a correction occurs, I don't think that it will go much below 30K.

It is a good news and it is a very good method for any payment. Not only any shop or any business, One day, every corner of the world will accept payment by bitcoin and it will happen very soon.

That would be a huge investment/salary that will be paid by Okung. Its clearly a good way to be paid and then later decide what to do with that money. This might also show other NFL players that Bitcoin is a good source of salary because of its versatility and might forever change the way of how famous people view Cryptocurrencies.

Yes, he was lucky this time, but the recent Bitcoin rise was never guaranteed, right? The fact that Russell Okung requested only a half of his salary in BTC says about him as of someone capable of good money management. It's not for nothing he studied in the Oklahoma State University and received Bachelor of Arts degree in Marketing/Marketing Management. So far he is successful with working as his own agent, and everything indicates that he will be in the future.

You would  really expect  for some domino effect because other celebs will really be bit curious on what other co-celebs had been doing but for sure that most of them
will really react when they do saw that their portfolio is going down.Im not saying about  the negative aspects but this is indeed part of reality.
Although, this kind of acceptance of converting their pay to bitcoin is really a good advertisement to extent out global adoption
knowing that sports players are really being paid in big amounts. If this one will become a trend then that would really be giving out positive impact.

There is a reason why he chose to have his salary a portion in bitcoin. He's wise to know that he's receiving it in bitcoin. With those other celebrities tweeting and showing interest on getting paid in bitcoin, there is only one of them that I can remember most.

That's Elon Musk.

Plus think about all the big major companies going into crypto right now. Just grayscale alone spent over 10 billion dollars to buy bitcoins, and that is just one company, they got in early too and got it for cheap, the more companies like that get into bitcoin the more they will have to spend as well.

The more you buy bitcoin, the higher price of bitcoin goes, and you can't just end up buying 100 thousand bitcoins all at the market price, that is not going to work, which means you will have to increase the price while buying too. That is what he was betting on, he got paid in bitcoin and he will use that bitcoins to hold until those major companies start buying bitcoin or accepting bitcoin, just recently booking.com announced people can pay their vacations with bitcoin as well. All these combined means bitcoin has a very very bright future and that is what the player was wagering on when he wanted to be paid in bitcoin.

so he requested to get paid in btc on the year 2019 and it only got approved last year ? that was a long wait but worth it because atleast was already approved and he is finaly going to recieve his verry own btc but if its been declined and if he is not a fan of waiting he can still buy his own btc using his fiats even before but maybe he will still going request it to avoid fees and other hustle but why he is quite in his tweets , he dont want to know the public that he is now earning huge because of bull run ? and  he is only concerned of his security .

Is he going to hodl? Will be interesting to see his salary savings after several years

Funny but I'm a little bit confused why did he have to wait this long when he could have receive the salary in fiats and convert them to Bitcoin almost instantly on  the numerous exchange available or was he trying to pull a stunt here like been the first NFL player to receive his salary in bitcoin or something. You know this celebrities can do anything for clout or place their names in history.

Also probably he's trying to achieve something like more adoption as the news of his salary getting paid in bitcoin will definitely get the attention of other players and just maybe they join the trend too. Irrespective of what his intentions were, glad his wishes were full-filled making him potential millions in near future, I remember when 50 cent converted the album sales of one of his album to bitcoin and made millions later when the price appreciated.

Many people didn't consider bitcoin as a legit investment sector when its price was a few dollars. They have changed their opinion after the massive growth of bitcoin in recent years. They want to be paid in btc because they only saw the upside of bitcoin. Bitcoin is very volatile and not ideal for a monthly salary. But it's good for crypto that people want to accept it in daily life.

In the future, we will definitely see more and more athletes who ask to be paid in popular coins...
The cryptocurrency era has begun to appear, people's trust in cryptocurrency begin to build. mass adoption insight.

Do you realize that this is just a marketing strategy? The news generated a lot of hype, but in reality Russell Okung was not paid in Bitcoins. His salary was credited in fiat currency (US Dollar). Here are more details:

https://www.theverge.com/2020/12/29/22205181/nfl-russell-okung-not-paid-bitcoin-debunk-carolina-panthers-cryptocurrency



Okung is not a big fan of cryptocurrency. He was creating this hype, in order to promote Zap/Strike, which is a Bitcoin-based payment processor.

For the first time I hear that football players receive their salaries in cryptocurrency. Why invest your assets in cryptocurrency at all, making millions of dollars a year? It will be very disappointing if a football player loses part of his salary due to the fall in bitcoin :D

This says : NFL player ‘paid in Bitcoin’ as price nears $30,000
 (https://fortune.com/2020/12/30/russell-okung-nfl-salary-bitcoin/)
Bitcoin reached over $40,000, if he sold his bitcoin, that gives him a huge profit, or if his purpose is to hold longer, still good as bitcoin will eventually rise more. I think he should be prepared too if bitcoin will dump, I hope he is knowledgeable enough on bitcoin's volatility as we are talking of huge amount here.

There was a time when Bitcoins needed support from big personalities but it has now changed and big personalities feel themselves at pride when accepting Bitcoins as the payment.

I don't watch much NFL but I do watch a few games because I bet on them so I am not sure how big a player Okung is but 1m dollars must be for a big player and hopefully others follow the suit behind him and take part of their salary in Bitcoins.

Everyone is so happy and overjoyed when we are going through a bull-run makes me wonder if this is the same community at times when a bear run is going on.

This is a great start towards a public recognition and acceptance of bitcoin. The more famous people being open and supportive of the coin itself, the more will people be inspired and encouraged to take on bitcoin and inclhde it in their investment portfolio. First of all, it's not compulsory, the players get to choose hoe they are paid and not the other way around. Secondly, the guy must have known what he's getting into to be confident in having his paycheck be in crypto, otherwise why would you do that. Thirdly, there are companies out there that give their employees the option to have a portion of their salaries be sent into an investment portfolio specifically for them, NFL League shouldn't be different.

Nets guard Spencer Dinwiddie recently stated in an interview with the media that he hopes to convert part of his salary contract for the new season to Bitcoin.