Why Athletes Are Taking Compensation in Bitcoin

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Forget the bear market. Right now more and more professional athletes are converting their salaries into bitcoin. digs into the growing trend for SportsWeek:

Take Brazilian mixed martial artist Matheus Nicolau., said, “I truly believe that more and more athletes and workers across the world will start receiving compensation, at least part of that, in bitcoins.”

Whittlesey, founder of the Compensation Venture Group, said that eventually athletes being paid in crypto will no longer be news and will be as common as an employee being paid via direct deposits. Announcements about receiving compensation in BTC have “given athletes and teams a way to stand out and a way to show how forward-thinking they are,” according to Kelly Brewster, chief marketing officer at NYDIG. Athletes can build their brand in a new way.

 

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