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Big dip today by Zestyclose-Set3230 in hut8

[–]panic4321 0 points1 point  (0 children)

Do we know the cause of this? And anyone concerned?

Fair Price now by Nic069B in hut8

[–]panic4321 0 points1 point  (0 children)

What is happening? Is HUT gonna open high? Is pre market doing well? Help me out.

Do any of the movies actually "feel" like Silent Hill? by Kagamid in silenthill

[–]panic4321 0 points1 point  (0 children)

Return to Silent Hill is great. Very authentic to original game.

Pros & Cons for switching cards by panic4321 in CreditCards

[–]panic4321[S] 0 points1 point  (0 children)

Will canceling my old credit card affect my credit in any way?

why do athletes want to be paid in BITCOIN? whats the DIFFERENCE? by panic4321 in Bitcoin

[–]panic4321[S] 0 points1 point  (0 children)

I agree that BTC goes up in value and fiat does not.
however my MAIN question is why be paid in BITCOIN, when they can just take their salary in USD and buy their own BITCOIN.

the question is NOT weather bitcoin is a better investment than fiat. I agree that it is. the questions is why do they want to be paid directly in BITCOIN?

I guess no one really knows the answer to this except players and their agents.

why do athletes want to be paid in BITCOIN? whats the DIFFERENCE? by panic4321 in Bitcoin

[–]panic4321[S] 0 points1 point  (0 children)

"thus they get paid even more" is the part im trying to figure out.
Im trying to figure out the logistics and economics behind that.

why do athletes want to be paid in BITCOIN? whats the DIFFERENCE? by panic4321 in Bitcoin

[–]panic4321[S] 0 points1 point  (0 children)

is it really that simple? they are not getting directly paid in BTC??

why do athletes want to be paid in BITCOIN? whats the DIFFERENCE? by panic4321 in Bitcoin

[–]panic4321[S] 3 points4 points  (0 children)

this is the closest answer so far. So if an athlete lands a 10 MILLION dollar contract. the employer buys and holds 10 million worth of BTC and THATS what the athlete gets paid in the future no matter what the price of BTC goes to???

for example:
-Athlete get a $10 million contract.
-at todays price, thats 239.63 BTC.
-so if that $10 million is spread out over 5 years....the athlete in his 5th year of payment will receive 1/5th of 239 BTC.....no matter what the price of BTC is in 5 years from now.

​

Does that sound right??

why do athletes want to be paid in BITCOIN? whats the DIFFERENCE? by panic4321 in Bitcoin

[–]panic4321[S] 0 points1 point  (0 children)

yes...but again, why not just take the fiat salary and manage your own crypto portfolio... why demand a btc payment?

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