Cryptocurrency is all the rage these days, and another huge breakthrough just happened in the sports world. According to reports Kansas City Chiefs NFL player Sean Culkin will be getting paid in Bitcoin cryptocurrency next season.
Sean Culkin is converting his NFL salary to bitcoin on the fly using an interesting process. Sean Culkin makes $920,000 a year, which will be paid out weekly and then converted into bitcoin using the Strike app, which allows you to make payments with bitcoin by using your bank account or debit card.
It may seem like a risky move, but Sean Culkin believes cash money is more risky than bitcoin. Reports say he believes converting his salary to bitcoin will protect its purchasing power over time, a theory that still isn’t technically proven. If Bitcoin ever plunges he would end up losing a lot of money, but he’s probably prepared for that possibility.
It’s safe to say you won’t see many other athletes doing the same thing just yet. Sean Culkin is a brave man financially to make this bold move.
Author: JordanThrilla Staff
Explore Related Articles
Homeless Man Named Q who Built a Wooden House on Hollywood...
Hollywood Blvd is known for its glitz and glamour, but also for its stark contrast between the rich and the poor. Among the celebrities, tourists, and street performers, there are also many homeless people who struggle to survive on the sidewalks. One of them is Q, a homeless man...
Social Media Roasts Stephen Curry Going 4-21 on Worst Shooting Night...
Today was the heavyweight match of the NBA season so far. The two Western Conference titans with the best records in the NBA were finally meeting up for battle. Coming into the game there was only 5 losses between them, and Suns were on a 16 game win streak...
COD Player Gets Caught Beating his Wife on Live Stream After...
One the worst habits some people have is forgetting to mute their gaming microphone when it isn't in use. However, sometimes this habit can lead to catching people doing something illegal. Such was the case when a COD player was caught beating his wife during a livestream after forgetting...
