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‘Pay Me In Bitcoin’ – More NFL Players Join The Revolution

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Russell Okung’s Bitcoin epiphany and Matt Barkley’s mining revelation have started a groundswell of interest across the NFL. More and more players want teams to ‘Pay me in Bitcoin’.


NFL Players ︎ Bitcoin

The love affair between American Football stars and Bitcoin came to the fore just two weeks ago and has blossomed since then. It all started innocuously enough, with a Random tweet from LA Chargers Offensive Tackle, Russell Okung: “Pay me in Bitcoin”.

But Okung wasn’t done. 16 minutes later after some more pondering, he was back. “How dope would it be to see an ESPN headline with an athlete being paid in $BTC?”

Naturally, Crypto-Twitter jumped all over this, giving Okung “so much love” and the tools and information to continue on his journey to enlightenment.

For his part, Okung has been happy to give the salivating CT monster what it wants; dropping pro-Bitcoin tweets on the reg. He has likened his crypto-awakening to ‘taking the red pill’, and questioned: “How could something so wrong make me feel so right?”

I’m part of the revolution. Long $BTC, short the bankers.

Meanwhile Pomp Outed Another NFL Bitcoiner

The day after Okung’s original tweet, Anthony Pompliano posted that NFL Quarterback, Matt Barkley, had tried to get two previous teams to pay him in Bitcoin, with no success.

Again, Crypto-Twitter came forth with praise, advice and the offer of free stuff. Trezor offered to hook him and his team-mates up with free hardware wallets, to which Barkley replied he was “all about @Ledger”.

But perhaps most surprising was his reply to the suggestion that he get some ‘skin in the game’ and start mining bitcoin. “Already am mining,” he revealed. How deep does this rabbit-hole go?

If Only There Was A Way?…

Just yesterday, Okung tweeted that “A couple of players are hitting me up about Bitcoin. Yes, I’m serious!”

But this is a little more than just team-mates interested in their buddy’d new hobby. You see, Okung is a Vice President of the NFL Players Association, a body which “assures proper recognition and representation of players’ interests.”

If anybody can push this call for salaries paid in  BTC, it should be him. And with services like Bitwage available, this is becoming easier than ever.

Oh, and of course, this proves gold-bug Peter Schiff even wronger.

Will NFL players ever get paid in bitcoin? Share your thoughts below!


Images via Shutterstock

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NYSE files a trademark application for trading NFTs

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The world’s largest stock exchange may be planning to bring business into the Metaverse.

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Traders say $4,000 Ethereum back on the cards ‘if’ this bullish chart pattern plays out

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Global tensions that could trigger a correction in markets abound, but traders say ETH’s current setup could result in a swift return to the $4,000 level.

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CryptoPunks community reacts to the ongoing copyright battle between V1 and V2

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Although the collection is no longer deemed authentic by Larva Labs, its creators alleged sold 210 ETH worth of CryptoPunks V1 when the wrapped versions first gained traction.

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Binance.US is under investigation from SEC over trading affiliates: Report

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Binance CEO Changpeng Zhao allegedly has connections to two market makers buying and selling crypto on Binance.US.

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Boost Insurance unveils product covering against crypto theft from qualified custodians

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Boost Insurance, an insurance infrastructure-as-a-service platform, alongside go-to-market partner, Breach Insurance, a company that provides insurance technology and regulated insurance products for the cryptocurrency market, today announced the launch of Crypto Shield, an insurance product for cryptocurrency available to retail wallet holders.

Crypto Shield covers the theft of cryptocurrency while in the custody of a qualified custodian.

The Crypto Shield product allows individuals to purchase protection for their crypto wallets held by select custodians. In the case that the custodian is breached or suffers a social engineering attack resulting in lost assets, individuals insured under Crypto Shield can be reimbursed for the value of their policy.

Boost + Breach

While there is some commercial insurance available to cryptocurrency institutions, Breach envisioned Crypto Shield as a solution to the protection gap that currently exists for individuals holding crypto, securing a partnership with Boost to assist in bringing the Crypto Shield product to life.

Boost’s insurance infrastructure-as-a-service packages the necessary operational, technological, compliance, and capital requirements for new insurance programs into a white-label solution, enabling insurtechs like Breach to swiftly launch new lines of business.

“Boost’s deep expertise and insurance infrastructure-as-a-service platform, and Relm’s industry-leading crypto reinsurance capabilities, have positioned Breach to bring a highly complex insurance product to the market in a beautifully delivered customer experience.”
– Eyhab Aejaz, Co-Founder & CEO at Breach

To deliver that product in a seamless experience, Boost and Breach’s platforms connect via API, allowing Boost’s policy administration system to deliver back-end management for the Crypto Shield product. Breach’s customers are then able to purchase and manage every part of their policy and claims process, all from within Breach’s proprietary crypto insurance platform.

“With Boost’s infrastructure-as-a-service platform, companies like Breach can launch and deliver innovative new insurance offerings, at a fraction of the time and cost required to build a full-stack insurance program from scratch.”
– Alex Maffeo, CEO & Founder of Boost

In addition to powering the new product, Boost and Breach partnered to source and secure the necessary reinsurance backing from industry expert Relm Insurance Ltd. (Relm), underwritten by Trisura Specialty Insurance Company. Operating out of Bermuda, Relm is a capacity provider to the crypto sector with a track record of insuring companies across the ecosystem. Relm has recently been awarded an ‘A Exceptional’ Financial Stability Rating (FSR) by Demotech.

“Relm’s partnership with Boost and Breach to reinsure the US’s first cryptocurrency insurance product for retail wallet holders is a milestone in supporting the development of crypto and blockchain technologies.”
– Joe Ziolkowski, CEO at Relm

The post Boost Insurance unveils product covering against crypto theft from qualified custodians appeared first on CryptoNinjas.

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