Professional Athlete Paid in Bitcoin – Who will be the first?
Posted: August 3, 2021
Updated: August 3, 2021
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Cryptocurrencies are in a huge hype these days
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You can do anything witch cryptocurrencies from online shopping to gambling
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Who will be the first professional athlete to be paid in Bitcoin?
Only if you have lived under a rock for the past couple of years, you could not have heard of Bitcoin. It is the biggest financial craze in the whole world, and it is growing bigger every day. So big, that now some people can even get their salary in this form! But who will be the first professional athlete to get paid in Bitcoin? Let us see the odds!
If we think about the world that is almost completely ruled by technology today, we can say that there is not much we cannot do online. This is why things that are exclusively available on the internet are widespread. Just think about online gambling sites in the US! They are more popular today than ever. Or there are the movie and music streaming sites, not to mention social media! These are the factors that rule our life today, so it was only the question of time before an online currency – let us call it as it is: cryptocurrency – conquers the financial world. And here it is Bitcoin – and several other “coins” since that. But when will be the first time that a professional athlete is paid in Bitcoin? Who will be the first to be the pioneer? Well, we do not know yet, but we can surely bet on it!
Cryptocurrencies as of today
First, let us give you a little overview of the topic of cryptocurrencies. According to Wikipedia, “a cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership. Cryptocurrency does not exist in physical form (like paper money) and is typically not issued by a central authority. (…) Bitcoin, first released as open-source software in 2009, is the first decentralized cryptocurrency. Since the release of bitcoin, many other cryptocurrencies have been created.”
Another source, nerdwallet.com puts it this way: “A cryptocurrency (or “crypto”) is a digital currency that can be used to buy goods and services, but uses an online ledger with strong cryptography to secure online transactions. Much of the interest in these unregulated currencies is to trade for profit, with speculators at times driving prices skyward.” Now, you can see that you can do several things with cryptocurrencies, like Bitcoin. In fact: there are several online gambling sites in the US, where you can even gamble with them! So, it is also worth pondering over: which professional athlete will be paid in Bitcoin?
Betting with alternative currencies
So, as we mentioned above, you can do basically anything with your cryptocurrencies online. And that involves gambling! There are more and more online sportsbook sites in the US that accept payments with Bitcoin, Litecoin, and Bitcoin Cash. They are easy to handle, you can use them exactly the same way you do with your credit or debit cards. All you need to do is to find an online gambling site that allows making bets in cryptocurrencies. But there is a lot more to Bitcoin and its mates! For example, in the future, we can see professional athletes paid in Bitcoin. But who will be the first to be this lucky? You can already see the odds on Bovada!
Professional athlete paid in Bitcoin
Let us face it: getting your payment in Bitcoin is the coolest thing today. There is a huge hype around cryptocurrencies, and as professional athletes make tons of money, it is so exciting to see how their salaries would turn out in cryptos. But who is the coolest one around here? Who will be the first professional athlete to be paid in Bitcoin? According to the bookmakers at Bovada, Conor McGregor and Patrick Mahomes are the most probable candidates. They have the odds of +200. But Cristiano Ronaldo also stands a fair chance with his odds of +300. We cannot predict when this day will come exactly, but we will be waiting for it, with our bets already made!
You can discover more about Bovada Sportsbook here.