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
Social Media Reacts to Logan Paul Hugging Floyd Mayweather The Entire...
Logan Paul did the impossible and lasted 8 rounds with Floyd Mayweather, but people are not happy about how he made that possible. Despite the massive difference of over 30 pounds and 6 inches in height, it was clear Floyd Mayweather was the much stronger man. It was easy...
Arkansas Banning Transgender People From Health Care Access Could Lead to...
Arkansas banning Transgender people from health care access is sparking outrage all across the nation. They were already facing controversy over banning trans people from athletics. The details behind the new ban seem to convey that Arkansas is subliminally trying to eradicate trans youth in their State by force....
Details About FDA Approved Loral Underwear that Prevents Sexually Transmitted Infections...
Sexually transmitted diseases are one of the most people's biggest fears. Although they are easily avoidable with proper precautions and safe sexual practices, they can also be caught very easily. Naturally there is a huge market for devices such as condoms and dental dams to help keep people safe...
