RealGM

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Looks more like they're taking CashApps money to advertise garbage to me

Every athlete should invest for their retirement. BTC not a bad choice in all this fiat hyperinflation going on. Rule of thumb- everyone who hold BTC 3+ years are up on their investment.

They didn't disclose clearly their advertisement to their fans. Pretty scumbag move by these two. Not surprised.

"We're getting paid to get paid in a thing we want to trade for money" is somehow more impressive than simply getting money.

Klay lost coolness points with me when he mowed down his afro and this does not compensate for that horrendous decision.

JN61 wrote:They didn't disclose clearly their advertisement to their fans. Pretty scumbag move by these two. Not surprised.

Not impressed even as a GSW fan.

This just looks like a marketing ploy for Block/Cashapp.

Imagine getting paid in bitcoin and losing 20% of your salary in value the last month lol. Would be an idiotic thing to do.

Gen z kids unironically wanting this life

Why not just get paid in cash and buy Bitcoin?

LOL, nobody cares what currency they swap their salary into. This occurs all the time behind the scenes in business transactions.

therealozzykhan wrote:This just looks like a marketing ploy for Block/Cashapp.

Imagine getting paid in bitcoin and losing 20% of your salary in value the last month lol. Would be an idiotic thing to do.

Yeah well selling off your Bitcoin right as the Crypto market is tanking would also be an idiotic thing to do.

The market has low points no matter what you're invested in. Crypto tends to be more turbulent than traditional stocks but either way you wouldn't sell your holdings right after their value tanked. The market will recover over time and in the long run you profit, that's how you invest.

It's pretty clear this is an ad for cash app.

But getting paid in btc is smart, i'd probably choose a different coin but whatever.

Do they mention how much of their salary could be in Bitcoin? It’s not like these guys are going to be taking a significant amount of their salary in a highly volatile currency. They could straight up have an agreement where they get like $100 per check in Bitcoin, or an agreement with cash app that they’ll cover either player if the market tanks.

Not really sure what people are upset about with regards to disclosure- they tag the brand in the tweet, they mention it in the ad, and they’re clearly reading a script. It’s not like anyone should get the impression these guys suddenly decided to get paid in crypto purely for the investment.

Harry Garris wrote:

therealozzykhan wrote:This just looks like a marketing ploy for Block/Cashapp.

Imagine getting paid in bitcoin and losing 20% of your salary in value the last month lol. Would be an idiotic thing to do.

Yeah well selling off your Bitcoin right as the Crypto market is tanking would also be an idiotic thing to do.

The market has low points no matter what you're invested in. Crypto tends to be more turbulent than traditional stocks but either way you wouldn't sell your holdings right after their value tanked. The market will recover over time and in the long run you profit, that's how you invest.

Except stocks go up over the long term because the underlying businesses make money. Bitcoin is just a currency that goes up and down off short term speculation. There's no reason to expect it go up long term or call it an "investment" in comparison to stocks, at least long term wise

KembaWalker wrote:

Harry Garris wrote:

therealozzykhan wrote:This just looks like a marketing ploy for Block/Cashapp.

Imagine getting paid in bitcoin and losing 20% of your salary in value the last month lol. Would be an idiotic thing to do.

Yeah well selling off your Bitcoin right as the Crypto market is tanking would also be an idiotic thing to do.

The market has low points no matter what you're invested in. Crypto tends to be more turbulent than traditional stocks but either way you wouldn't sell your holdings right after their value tanked. The market will recover over time and in the long run you profit, that's how you invest.

Except stocks go up over the long term because the underlying businesses make money. Bitcoin is just a currency that goes up and down off short term speculation. There's no reason to expect it go up long term or call it an "investment" in comparison to stocks, at least long term wise

Considering it was the most valuable investment asset of the decade of the 10s I'd say it has a pretty good short term track record. Volatile yes, but trending upwards in general and it has been for a long time now.

Must be nice.

Here we are, as suckers, discussing and spending our time writing about the various methods that multi-millionaires get paid.

Me too. 0.0001% of my salary is going to Bitcoins

and that's the reason Klay is not in my top 75. Rodman would never do it

Harry Garris wrote:

therealozzykhan wrote:This just looks like a marketing ploy for Block/Cashapp.

Imagine getting paid in bitcoin and losing 20% of your salary in value the last month lol. Would be an idiotic thing to do.

Yeah well selling off your Bitcoin right as the Crypto market is tanking would also be an idiotic thing to do.

The market has low points no matter what you're invested in. Crypto tends to be more turbulent than traditional stocks but either way you wouldn't sell your holdings right after their value tanked. The market will recover over time and in the long run you profit, that's how you invest.

or it could go to 1000. No one knows, at the end of the day its still pretty useless. Theres hundreds of crytos out there.

@ndrew wrote:and that's the reason Klay is not in my top 75. Rodman would never do it

Rodman gets paid in North Korean won instead.