Odell beckham jr bitcoin

Odell Beckham Jr. Their extension Down slide on Monday. Action network According to the report, the transaction took place on November 12, when the price of Bitcoin was 64, CoinDesk — Bitcoin prices have fallen



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WATCH RELATED VIDEO: Odell Beckham Jr paid in crypto Smart or Stupid

Odell Beckham Jr. Teams Up With Cash App, Will Get Paid In Crypto


Odell Beckham Jr. Beckham Jr was signed by the Rams on a one-year deal last year, after spending two and a half seasons with the Cleveland Browns. According to sports analyst Darren Rovell on Twitter, OBJ's bitcoin investment basically lost an insane amount of money relative to his Rams salary:. The amount of people applauding players changing their salary into Bitcoin as if they were heroes has been comical.

As you can see in the tweet, Rovell argues that Beckham Jr. Since Beckham Jr. Take the That's a far cry from what a high-profile professional athlete like him should be making, given the circumstances. As such, Rovell considers Beckham Jr. However, he wasn't really the only NFL athlete to do so in recent times. Green Bay Packers quarterback Aaron Rodgers also announced late last year that he will be taking a part of his salary in Bitcoin.

The simplest answer is that Bitcoin, alongside other major and small cryptocurrencies, have been experiencing a massive crash recently. According to CNBC TV 18 , this drop was likely the result of global authorities looking to ban or at least severely limit the usage of cryptocurrency. One of the biggest recent news involves the Russian Central Bank's plan to ban any and all use or mining of crypto on all Russian territories, claiming that they pose a threat to financial stability and the nation's monetary policy sovereignty, reports EuroNews.

Should this proposal be approved, the ban would be one of the biggest in recent memory since China has also banned crypto mining and usage last year, basically forcing mining operations to move to the US and other places where crypto laws are more lax. If you're looking to basically put all of your life savings into crypto, maybe consider the recent Bitcoin crash before going all-in. Facebook facebook Twitter twitter Reddit reddit Comment. Do not reproduce without permission. Tags: bitcoin Cryptocurrency Bitcoin Crash.

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Bitcoin Price Drop Stings for Athletes Taking Salaries in Cryptocurrency

By Fabiana D'Urso - 23 Nov The player has given his confirmation to receive the full amount of his salary as per his contract for the season in Bitcoin. On the one hand, there is the awareness of investing in a branch of the economy that is yielding the best results. On the other hand, there is a line of sponsorship and marketing that involves the Cash App dimension and rewarded followers on Twitter with a prize gift of almost a million dollars. The crypto market and media communication are unifying to create a call to action aimed primarily at fans of sports teams.

The Los Angeles Rams' wide receiver Odell Beckham Jr. has announced that he agreed to receive his season salary in Bitcoin.

Crypto crash devastates salaries of stars including OBJ, Aaron Rodgers

Odell Beckham has played in 10 games with the Rams eight regular season and two postseason since signing in LA on Nov. He's enjoyed a resurgence since joining Sean McVay's squad, he's hauled in 37 catches for yards and six touchdowns in that span. This comes after a six-game stretch this season with the Browns, where Beckham had just 17 catches for yards and no touchdowns. But there's a big catch to Beckham's contract— it's not being wholly paid out in U. Russell Okung of the Panthers was the pioneer. As it turns out, though, OBJ's may have to play the long game in this investment as the cryptocurrency market is in a major downturn. It could have major implications for Beckham, Jr. The amount of people applauding players changing their salary into Bitcoin as if they were heroes has been comical. It should be noted, though, that Rovell's math may not be exactly on point. Income tax is a progressive tax.


The truth about Odell Beckham Jr.’s $750K Bitcoin gamble amid market crash

odell beckham jr bitcoin

Odell Beckham Jr. Beckham Jr was signed by the Rams on a one-year deal last year, after spending two and a half seasons with the Cleveland Browns. According to sports analyst Darren Rovell on Twitter, OBJ's bitcoin investment basically lost an insane amount of money relative to his Rams salary:. The amount of people applauding players changing their salary into Bitcoin as if they were heroes has been comical. As you can see in the tweet, Rovell argues that Beckham Jr.

Odell Beckham Jr. Photo source: Instagram — obj.

Odell Beckham Jr. to receive Rams salary in bitcoin

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Cryptocurrency Is Not the Financial Promised Land

Odell Beckham Jr. This was a decision that benefitted everyone involved, as the Browns got rid of a player who didn't want to be there, all while the Rams got themselves a bonafide weapon who has so far, been instrumental to their playoff run which will have them in the NFC Championship Game this weekend. When OBJ signed on the dotted line, he opted to take his entire salary into Bitcoin. This seemed like it could be a good investment, however, a local top came quickly and ultimately shattered the price of Bitcoin. Simply put, OBJ has not benefitted from this decision. Of course, Beckham could simply decide to hold on to his Bitcoin, and perhaps in a year from now, it will go back up. Regardless, nothing is guaranteed, especially in crypto. With Bitcoin's volatility becoming a huge factor right now, we could see fewer and fewer athletes going the OBJ and Aaron Rodgers route.

Odell Beckham Jr. Bitcoin Giveaway Official Rules. OFFICIAL RULES. NO PURCHASE NECESSARY TO ENTER OR WIN A PRIZE IN THIS SWEEPSTAKES (DEFINED BELOW). A PURCHASE.

NFL’s Odell Beckham Jr. took his $750,000 salary in bitcoin — how much did that end up costing him?

In the 21st century, cryptocurrencies are gaining momentum and some athletes even want to digitize their salaries. This may be a bad idea. I have never contributed to the success or failure of the team. Buffalo Bills and Notre Dame Fighting Irish are confident that they are working without my money and moral support on television.


ICYMI: Odell Beckham Jr. to Accept Salary From Rams in Bitcoin

RELATED VIDEO: Bitcoin price plunge shrinks paycheck of NFL's Odell Beckham Jr

Odell Beckham Jr. Last November, the L. A Rams wide receiver said he would take his salary in Bitcoin as part of a deal with payment provider Cash App. Recently, the U.

But there was a catch — Beckham took his salary in Bitcoin.

In November, Miami mayor Francis Suarez — who has vowed to make his city the crypto capital of the world — announced that he was taking his next paycheck in Bitcoin. Not to be outdone, then-newly elected New York City mayor Eric Adams tweeted that he would be taking his first three paychecks and throwing them into the cryptocurrency pool. Just wait! On Jan. Some Black people truly believe that cryptocurrency is a bridge to close the wealth gap, or that it has the magical ability to undo years of redlining — which effectively ruined property values for Black people — and the economic impact of racism in financial institutions.

Once you have subscribed we will use the email you provided to send you the newsletter. You can unsubscribe at any time by clicking the unsubscribe link at the bottom of the newsletter email. Francis Ngannou is one of a growing number of sportsmen and women who are joining the crypto-currency world.


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