Odell Beckham Jr. is having the final snicker about his Bitcoin guess in 2021. The Miami Dolphins extensive receiver took to social media Wednesday to remind everybody about his determination to obtain his $750,000 Rams wage in Bitcoin three years in the past.
“Who mentioned taking my Rams wage in Bitcoin was dumb once more?” Beckham mentioned Wednesday afternoon as Bitcoin traded above $90,000, which is a virtually 40% acquire from when he made the conversion at $64,293 again on November 12, 2021.
Studying that tweet instantly attracts flashes of an iconic intro from rapper Chamillionaire: “They see me rolling,’ they hatin’”
Whereas Beckham’s representatives have not confirmed if he is held onto his total Bitcoin place, his social media victory lap suggests he caught together with his conviction by means of the market’s ups and downs. Any income would face capital beneficial properties tax if bought, on high of the earnings tax doubtless paid on the preliminary wage.
The NFL star’s crypto holdings have been transformed by means of a cope with Block Inc.’s Money App in November 2021.
Whereas his funding took a beating in the course of the crypto winter of 2022, dropping to $401,500 at one level, this 12 months’s rally has put him firmly forward, regardless of his determination being referred to as out as a “cautionary story” in the course of the bear cycle.
Beckham is not alone within the crypto-athlete membership. Former Carolina Panthers participant Russell Okung made waves in 2020 by changing $6.5 million of his wage to Bitcoin at $27,000 — a stake price over $20.9 million immediately.
Different sports activities stars like Tom Brady, Saquon Barkley, and Trevor Lawrence have dabbled in crypto compensation by means of numerous offers and endorsements.
When it comes to compensation in crypto, jobs within the crypto business proceed to see an uptick as extra firms proceed to rent and scale their initiatives.
Knowledge from Tiger Analysis reveals that the crypto business’s momentum extends past value motion, with world Web3 job postings surging practically 20% year-over-year following the US SEC’s approval of Bitcoin ETFs in January 2024.
Asia leads the employment surge, with Singapore, India, and Hong Kong rising as key hiring hubs.
Firms have “began accelerating hiring,” and most of those firms pay both partially or in full with “tokens, ETH, and sometimes BTC,” Raman Shalupau, founder and CEO of CryptoJobsList, a distinguished job portal for the crypto business, instructed Decrypt.
The surge in crypto values follows Donald Trump’s election victory and his dramatic shift from crypto skeptic to advocate, promising to make the US “the crypto capital of the planet.” Bitcoin has jumped 139% over the previous 12 months, whereas Ethereum is up 55% to $3,100.
Edited by Sebastian Sinclair
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