TL; DOCTOR Breakdown
- Sacramento Kings players to receive Bitcoin as salary.
- Institutional adoption is generating Bitcoin mainstream.
Sacramento Kings Players get wages in Bitcoin
After becoming the first American sports team to reward their fans with crypto collectible toys, the Sacramento Kings has reached another milestone. The Sacramento Kings CEO stated in Clubhouse that those in his organization (including the players) might get as much of their salaries because they want in Bitcoins. The storyplot was broken via a twitter update from someone in the Club.
Neil Jacobs said that Bernard Draper invited Vivek Ranadivé to the stage at the Satoshi Roundtable. While on stage, Ranadivé declared that he was offering those people in his organization, (the players included), the chance to get part or all of their salaries within Bitcoin.
In 2014, Sacramento Kings partnered with BitPay, a known payment processor chip and announced to the open public that they can now pay with Bitcoin for items purchased in their team store. Ranadivé said when he told the NBA to keep their team in Sacramento, part of his pitch was to use sports as a vehicle to advance technology. He said that along with Bitcoin payment, fans can now afford to leave their particular wallets behind.
Crypto adopting steadily rising
With the growing adoption of Bitcoin by several organizations, Paypal is currently beginn9ng to offer Bitcoin company – whether it is custodial services, for payment or marketing service. Earlier in the year, Tesla’s CEO, Elon Musk, had announced that customers are now able to pay for Tesla cars along with Bitcoin.
The Clubhouse provide an opportunity for Bitcoin enthusiasts to interact in meaningful and successful discussion about Bitcoin and digital assets. The TOP DOG of Microstartegy dropped within on Clubhouse and invested about one hour responding to queries from Bitcoiners.