Bitcoin Payment

Yet another public figure is interested in being paid with cryptocurrency, as opposed to fiat money. This time, it's Tom Emmer – the Republican representative for Minnesota’s 6th congressional district. Should he follow through, Emmer would be the first US national politician to experiment with a crypto-based salary. ‘Why Not?’ Says Emmer Emmer expressed openness to the idea in an interview with Bitcoin podcaster Anthony Pompliano on Monday. Pompliano mentioned the growing popularity of Strike’s “Pay Me In Bitcoin” service,…

Paying no mind to the crypto market’s bearish slump, the sports world is doubling down on its faith in digital, sound money. Klay Thompson and Andre Iguodala – players for the Golden State Warriors – are the latest athletes to accept a Bitcoin salary. Coincidentally, the NFL’s Saquon Barkley released a Twitter thread the following day explaining what Bitcoin means to athletes like themselves. The Future of Money Iguodala announced his new Bitcoin salary on Sunday, as part of a…

Since Bitcoin took off late last year, word of either cryptocurrency, blockchain or NFTs has permeated almost every conceivable industry. But, of course, some groups show greater interest in the space than others.  Some market participants – while exciting – aren’t exactly surprising. Elon Musk, Michael Saylor, and Jack Dorsey – all Bitcoin lovers and billionaires – are tech nerds running tech companies. One would expect them to be the first to grapple with an industry at the forefront of…

Bitcoin has grown into a viral payment method, and info from BlockData proves it. The blockchain analysis firm recently stated that Bitcoin had supported 65% greater transaction volume than PayPal this year. This shows that Bitcoin is increasingly popular as a payment method and not just a store of value. Bitcoin Versus Paypal 2021 On Monday, Blockdata released a detailed analysis of how it will adopt the Bitcoin network for payments over time. While examining some current numbers, the firm…

The success of Bitcoin’s lightning network may bring one noteworthy payment process back into the asset. Stripe – a financial services and software company – recently stated that it could begin supporting Bitcoin payments again. This comes after Stripe ended support for the cryptocurrency in 2018 due to slow transaction speeds. Could Stripe Return to Bitcoin? John Collison – Co-Founder of Stripe – expressed re-consideration for Bitcoin to CNBC on Tuesday. He recognized that the asset class means different things…

Yet another sports star has become deeply and publicly invested in the crypto game. Odell Beckham Jr. – wide receiver for the Los Angeles Rams – recently announced that he’ll be accepting his entire salary in Bitcoin. With this, he joins a host of athletes, organizations, and even mayors accepting Bitcoin as a legitimate form of payment. Beckham Goes Big On Bitcoin The athlete confirmed his new Bitcoin salary in a video statement on Twitter earlier today. “It’s the start…

In recent years, cryptocurrencies have taken over the financial market. For instance, Bitcoin is today one of the most popular digital currencies. This rise to success has helped crypto infiltrate our everyday lives and wallets. Therefore, soon we may use crypto payments to purchase goods and services. This article looks closer at all the businesses embracing crypto payments to pave their way into the mainstream. Companies that Accept Crypto Payments Cryptocurrency has become a financial revolution as more businesses, and…

Could Joe Rogan be a HODLer? The world’s biggest podcast host recently claimed that he’d accepted one hundred thousand dollars in Bitcoin for a recent deal. If true, this would be Rogan’s first serious interaction with cryptocurrency that he has made public. What Did Rogan Say? Rogan revealed the recent payment during Joe Rogan Experience (JRE) episode #1728, nearly an hour into the show. The podcast was what he called a “supershow” featuring podcast hosts and comedians Shane Gillis, Ari…

World Famous UFC legend Jorge Masvidal recently became the first fight promoter to award contestants with Bitcoin. Masvidal immediately paid fighters following the event through ledgers pre-loaded with Bitcoin. Cryptocurrency Meets The MMA World The fighting event– Gamebred Fighting Championships– was held Friday, October 1st, and featured a new fighting format: Bare-Knuckle fighting. Fighters were free to utilize a range of fighting styles from boxing to Jiu-jitsu – without glove protection. At the end of the night, event organizers awarded…