{"id":12072,"date":"2022-01-10T22:29:17","date_gmt":"2022-01-10T22:29:17","guid":{"rendered":"http:\/\/ci0296f6cac00026ae"},"modified":"2022-01-10T22:29:17","modified_gmt":"2022-01-10T22:29:17","slug":"klay-thompson-andre-iguodala-paid-in-bitcoin","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/business\/klay-thompson-andre-iguodala-paid-in-bitcoin","title":{"rendered":"NBA Players Klay Thompson, Andre Iguodala To Get Paid In Bitcoin"},"content":{"rendered":"
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NBA players Klay Thompson and Andre Iguodala will take a portion of their next salary in bitcoin and donate $1 million in BTC each to fans, the Golden State Warriors guard and guard-forward announced on Monday.<\/p>\n

\u201cI\u2019m with bitcoin because I believe it\u2019s the future of money,\u201d Thompson said in an announcement<\/a> tweet on Jan. 10.<\/p>\n

Thompson and Iguodala have partnered with Cash App, the money transmitting and bitcoin buying application owned by financial services company Block, led by Bitcoin bull Jack Dorsey and previously known as Square, to facilitate their salaries\u2019 conversion. The app will also intermediate the donations, which are already live in the announcement tweets.<\/p>\n

\u201cBitcoin is the future, Klay Thompson and I are both believers,\u201d Iguodala tweeted<\/a> on Jan. 10, sharing his paycheck plans.<\/p>\n

Thompson and Iguodala are the latest to join a cohort of athletes receiving their compensation in the peer-to-peer money created 13 years ago by the pseudonymous individual or group Satoshi Nakamoto. Since its inception, Bitcoin has scored massive gains against the U.S. dollar and enabled its holders to increase their purchasing power dramatically while fiat currencies lose value every year. Athletes have paid attention to this dynamic and are now demanding to be paid in bitcoin, a currency with a programmatically limited issuance that\u2019s impossible to be changed.<\/p>\n

The trend began when NFL tackle Russel Okung tweeted<\/a> \u201cpay me in bitcoin\u201d in May 2019. In September of that year, the athlete told Bitcoin Magazine<\/em> that he wouldn\u2019t stop<\/a> until he was being paid in BTC. Though Okung wasn\u2019t the first<\/a> to make such an ask, he did start a movement<\/a> after his goal was achieved a year and a half later, in December 2020. The athlete managed to get indirectly paid in bitcoin through Strike<\/a>, a Lightning payments app that handled the conversion of his yearly paycheck into BTC. Nowadays, the service<\/a> is available to all Strike users.<\/p>\n

In November 2021, NFL legend Aaron Rodgers announced<\/a> he would take a portion of his salary in bitcoin while star Odell Beckham Jr said<\/a> he would take all of his yearly compensation in BTC. In December, Patriots quarterback Mac Jones gifted bitcoin<\/a> to his entire offensive line.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Golden State Warriors stars will receive a portion of their salary in bitcoin and donate $1M in BTC each.<\/p>\n","protected":false},"author":2572,"featured_media":7744,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[2634,2633,934],"class_list":{"0":"post-12072","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-andre-iguodala","9":"tag-klay-thompson","10":"tag-paid-in-bitcoin"},"author_data":{"id":2572,"name":"Namcios","nicename":"namcios","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/12\/pfp-96x96.png"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/donationgrant.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/12072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2572"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=12072"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/12072\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/7744"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=12072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=12072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=12072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}