Russell’s interest in Bitcoin isn’t surprising though, as one of the lead crypto exchanges, Gemini is run by former Olympic Athletes. Athletes are no strangers to bitcoin. However, Bitcoin is beyond just a passion for him, he said. What is needed for bitcoin to reach mainstream adoption and how is Fold furthering that aim? Okung also talks about his efforts to get the Chargers to pay him in BTC. But he’s not done trying.
Yet the Path Can Be Obstructed. In September he launched Bitcoin Is_, a conference in LA to help encourage mass adoption of Bitcoin. Beginners Guide, The Comprehensive Guide to Cryptocurrency Mining. To Okung, this is the point of Bitcoin Is_: “to meet people where they are and unpack bitcoin in a really simple way.”, “Bitcoin can be a multitude of different things to different people. MKR, YFI, LINK Exhibit Bearish Move – Is the Time for Rectification? Now we’re talking. Conduct your own research before making any investment decisions, Please check your email to confirm your subscription, Bitcoin changes everything. And here I was where I was facing that situation head-on in a third-world country, where I didn’t have access to any dollars. This is especially important in the world of wealth-showered athletes who often hire financial advisors because some of these advisors, steeped in traditional finance, see bitcoin as a ponzi scheme or scam. All Rights Reserved, This is a BETA experience. Its inaugural installment kicked off over Labor Day Weekend 2019, as Bitcoin vets and novices alike packed into a lofted event space in downtown L.A. to learn more about, well, what Bitcoin is, and what led one of the NFL’s elite blindside tackles to take a dive down the rabbit hole. “I went to Nigeria maybe five or six months ago. And like when you go to any country, you want to take enough cash to sustain you throughout your entire visit. Why they targeted and hacked Twitter.The public may have a bad image of Bitcoin after today, even though it was Twitter that was hacked. We’re excited for our partnership and the opportunity to introduce even more people to the best money in the world.”. “When I explain Bitcoin or at least when one of my teammates asks me, I say, ‘Well, what is freedom? “When I explain Bitcoin or at least when one of my teammates asks me, […] However, Russell O Kung, an NFT superstar in his tweet informed the community of him being featured on American multinational basic cable sports channel, ESPN to have a chat on Bitcoin. I believe bitcoin is the best way to empower people with control over their own value, and so my main criteria for investing in bitcoin companies is that they simplify the onboarding process for bitcoin rookies. Top currenci… https://t.co/FOazg79TL5, Share, Interact and critique the new ideas. I was named to the 2017 Forbes 30 Under 30 List for Enterprise Technology and have accumulated over 700 jumps as a competitive skydiver. With the upcoming BTC rewards halving, others have been using their platforms to encourage buying and holding the cryptocurrency. Bitcoin offers us a practical solution to overcome the imminent demise of the legacy financial system,” the NFL Star said. And he’s probably in his 60s. You’ll Buy Bitcoin as a ‘Hard Asset’ — VanEck Exec. I consult executives, governments, and investors on emerging technology trends and deliver keynotes at events worldwide. A reformed gamer, I started studying.
“This isn’t an event, it’s not a conference, it’s not a Meetup,” he said. As one of the NFL’s highest-paid left tackles and now something of a Bitcoin celebrity, Okung said he recognizes his position and “the power of brand and being authentic and truthful about things that you believe in.”. “We talk about mass adoption, but what does that look like?” he asks.
RO: I believe bitcoin is the best way to empower people with control over their own value, and so my main criteria for investing in bitcoin companies is that they simplify the onboarding process for bitcoin rookies. “With this stoic face he looked at me and said, ‘What the hell is bitcoin?’”. While many companies, athletes, and entrepreneurs have sought to explore the technology for ticket purchases and authentication, merchandise, memorability, sports betting and stadium concessions, few have tackled bitcoin adoption head-on.
I always thought about that, but I never knew what it would mean when it comes to my money. Now, Okung isn’t the only NFL player to ask for his salary in bitcoin (Buffalo Bills backup QB Matt Barkley has as well), but he’s certainly the most vocal Bitcoin proponent in the NFL (sorry Matt, maybe next year, bud). Accustomed as he is to the hard knocks of the NFL’s brutal competition, contract negotiations and team jumping, going from betting on himself to betting on bitcoin was a natural transition. They say, ‘Well in order for you to do whatever you’re attempting to do, the cost of participating is my fee.’, So, when I talk about Bitcoin and I try to explain what it is, I say, ‘Imagine a world where you have inextricable value associated to yourself, and there’s no fee.’ There’s complete independence, there’s complete sovereignty over how you want to live your life. There have been people who have completely turned over, especially after pushing me on the economics of bitcoin and volatility. It points out the fact that “the public may have a bad image of Bitcoin after today, even though it was Twitter that was hacked”. In fact, Bitcoin has continually failed to break the mark of $9400 over the past three weeks. Bitcoin feels like a renaissance, the great awakening or enlightenment, and that’s what we’re trying to capture. Russell Okung went bullish on Bitcoin after it began to be a passion for him.
In a new interview on the What Bitcoin Did podcast, Okung says his life-long experience as an athlete has taught him the value of personal independence and sovereignty. Russell Okung, an NFL player for the Los Angeles Chargers, is backing the Bitcoin rewards app and debit card Fold. “I’m going into the third year of my deal, and I go in to see my general manager. Okung Ventures, the venture startup founded by NFL star Russell Okung, is backing Bitcoin loyalty outfit Fold to help crypto holders earn BTC as well as spend it.The Los Angeles Chargers player invested in, and has been promoting Fold, an app which offers users the ability to spend Bitcoin or fiat currency at major retailers such as Amazon, Uber and Starbucks. And there’s this thing called a ledger.’ And he’s just like, ‘No.'”. Follow me on Twitter at @SamRadOfficial. Russell Okung, an American football offensive tackle for the Carolina Panthers in the National Football League (NFL), was in an exclusive interview where he declared Bitcoin as a remedy for the global economic crisis as the cryptocurrency offers “Practical Solution” against legacy finance. , the app that allows consumers to earn bitcoin when shopping at retailers, announced on April 9, that it was launching a co-branded Visa card that allows consumers to earn bitcoin rewards. Really, though. Opinions expressed by Forbes Contributors are their own. Last year I tweeted “Pay Me in Bitcoin” because I believe that finding more ways to EARN bitcoin is just as important as getting more people interested in simply buying bitcoin. Often times, this furnishes a healthy discussion on the principles of money and what constitutes value. Russell Okung is an American footballer and a crypto educator represents for the Carolina Panthers of the National Football League (NFL). Why did you invest in Fold and what promise do you see in Fold's bitcoin cash-back rewards card? Now, for his December 8, 2019, matchup against the Jaguars, bitcoin will be with him every step of the way — literally. Like its app, Fold aims to make bitcoin fun and accessible to everyone. This trend caught everyone’s attention and all followed it too. When asked who he’s been talking to and how receptive they are, he prudently pleaded the Fifth. Continue browsing if you are happy with that, or see, Authenticator Alert – Securing Your Crypto, META 1 Coin Trust Announces Commission to Study Global Persecution of Cryptocurrency Projects, Bitsgap Releases Futures Trading and Updated Platform, LeverageConf: The World’s First Dedicated Online Crypto Trading Event, Top Ethereum Game MegaCryptoPolis Goes DeFi With $MEGA Token Launch, Your Wallet in 2030 Will Be Full of Free Money, Bitcoin Active Addresses Shatters 1,000,000 As BTC Approaches Crucial Monthly Close, Billionaire Venture Capitalist Says Bitcoin and Crypto Immune to Runaway Spending, Rampant Money Printing, $30 Billion in Bitcoin Will Be Locked in Ethereum by End of 2021, Predicts Head of DTC Capital, Top Crypto Analyst Willy Woo Says ‘Incredible Amounts’ of BTC Buying Underway. 1xbit Review 2020 : Trending Gambling Site Helping You Win Crypto, Melaleuca Review: A Detailed On The Legit MLM Company, Avon Review: A Detailed Guide on Avon Business Plan. As economic uncertainty continues to take its toll on our everyday lives, I believe we’ll see more and more people experience a shift in how they relate to money. He noted that many people who expressed interest in Bitcoin, often quickly give up after getting lost down technical rabbit trails or widespread misinformation.
“That’s the first step. Get notified about exclusive offers every week! Russell Okung Loves His BTC. coinzilla_display.push(c_display_preferences); Follow us on Twitter, Facebook, and Telegram to receive timely updates. He’s been around the team forever.
So readers, what’s your view on bitcoin adoption following the influencers and leaders from other industries entering the crypto ecosystem? RO: Bitcoin changes everything.
Marshawn Lynch, former Seattle Seahawks running back and Superbowl XLVIII Champion, Signups for early access to the Visa card are available on the, EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change. This was also the same time that Okung definitively “took the dive” down the rabbit hole, though he had known about Bitcoin since 2017. But don’t call expecting financial advice. LA Chargers offensive tackle Russell Okung says he equates Bitcoin directly with freedom. To get there, though, Okung thinks Bitcoin’s current ambassadors need more “conviction” to spread Bitcoin beyond the confines of its staunchest proponents and into the hands of everyone else. — Russell Okung (@RussellOkung) May 14, 2019 The American football player is also at the centre of a growing movement of athletes in the NFL requesting the league pay them in Bitcoin. And sometimes people talk for it. @BlockchainZA a unique Crypto event with meaningful discussions and de… https://t.co/DV5DR82o1t, Founder of Yearn finance @AndreCronje is back with yet another thrilling Defi token KP3R. “I think the core concept of bitcoin has always resonated with me in some way,” he said. Besides this, a famous NFL team, the Sacramento Kings initiated a ‘new concept of crypto-sport bond’ in 2014. The crypto market is bleeding red again. Writing on the intersection of emerging tech and cultural trends. Bitcoin’s newest celebrity ambassador even launched his own events brand Bitcoin Is _, which he told me he views as more of a “revival” or “awakening” than anything else. invested in a blockchain company in 2015. started accepting Bitcoin for merchandise on his website as early as 2014. Bitcoin offers us a practical solution to overcome the imminent demise of the legacy financial system. SR: Anything else you'd like to share that might be of interest? As the old adage says, ‘Money talks.’”, It sure does. Okung says an experience during a recent trip to Nigeria crystallized his thoughts on the current financial system and the need for Bitcoin. When we hopped on a call last Friday, Russell Okung had just left his last practice of the week, but he couldn’t get away without his teammates blasting him over Bitcoin. NFL Star Russell Okung Backs Bitcoin Rewards Startup, Bitcoin Price Hangs on to Key Support Level as Stocks and Oil Tip Over, No Stimulus Check?
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