27. Januar 2021

NFL player Russell Okung is not being paid in bitcoin

Confusing tweet: NFL player Russell Okung is not being paid in bitcoin

Various news platforms have reported that Okung gets part of his salary in BTC. However, this is not true.

National Football League player by Bitcoin Profit Russell Okung is a known proponent of Bitcoin (BTC). He may convert a portion of his salary to BTC, but his employers, the Carolina Panthers, do not pay him in virtual currency. A few crypto publications were misled by this.

A spokesperson for the Carolina Panthers confirmed to Cointelegraph that Okung, like the rest of his teammates, is only paid in dollars. What he does with the money is his business, the spokesperson said. In other words, the player has no agreement with the team to be paid in BTC.

Okung, an offensive tackle, is currently in the final year of a four-year contract and will earn US$13 million this year, according to Spotrac.

A beta version of the app says users can „send money instantly“

The NFL player is said to be using a crypto startup called Strike to convert a portion of his earnings into bitcoin. A beta version of the app says users can „send money instantly, with no fees, anywhere in the world“. This is available for iOS, Android and Chrome.

Okung added to the confusion when he recently posted a tweet claiming he was „getting paid in Bitcoin“. The tweet was in response to a post from May 2019, when he first expressed his desire to be paid in BTC.

It is not entirely clear if Okung wanted to show that he would be paid in Bitcoin or if he wanted to promote the crypto startup with the following tweet:

The NFL star has a large following on Twitter due to his celebrity and bitcoin endorsement. His Twitter headline reads: „life liberty, and #bitcoin“. Among his followers are Michael Saylor and Anthony Pompliano, as well as other crypto advocates.

In his recent tweets, he promotes the purchase of Bitcoin and educates citizens about the impact of inflation on the purchasing power of the US dollar.