Klay Thompson and Andre Igoudala Lost 50% of Salary Taken in Bitcoin Last Season
November 14, 2022
Klay Thompson and Andre Igoudala Lost 50% of Salary Taken in Bitcoin Last Season
32 comments
Klay “quiet quitting” Thompson
Dinwiddie is working for McDonalds wages rn
lmao remember how cryptobros said that crypto was totally safe and not susceptible to the weaknesses banks have? hilarious.
Maybe that’s part of his performance. He be looking at his crypto wallet seeing he lost hundreds of thousands between the beginning of the game and the 2nd quarter.
Klay and his wallet both washed.
I’m surprised andre’s numerology guy couldn’t advise him better lmaoo
Pack watch
And I am glad. All them celebrities promoting crypto and NFTs should be held accountable promoting a speculative scam.
doesn’t the amount get adjusted every time he’s getting paid? and then if they convert that to cash straight away they should be fine.
Did a bot write this?
>NBA Champion Klay Thompson reportedly took a portion of his NBA salaries from 2022-23 in Bitcoin. He then donated $1-Million each of BTC to various fans of his dynasty basketball team, the Golden State Warriors. While fans likely used the money for various needs of survival, the multi-millionaire athlete did not have to do so. And if they did keep his Bitcoins through today, the FTX fall-out would have canceled 50% of Klay’s Bitcoin salary.
Didn’t Iggy write a book about finance management or something?
hodl 😅
Damn who could’ve seen this coming
Tom Brady apparently lost millions as well.
Good for them. Stupid fucks.
Play stupid games, win stupid prizes
Imagine seeing an asset go up 600% in less than a year and thinking “yes, this is a stable store of monetary value”
These guys gambled bc they thought it would never stop going up, and they paid the price for it like many others did. Nobody in their right mind sees something go up 600% in under a year and think it’s not volatile
Bitcoins value right now is more in line with where it was and should be currently
Companies and people who accept Bitcoin as payment are straight up gambling that the price will either go up or down. Companies who do it are especially nefarious because it can directly harm their employees and shareholders
A Bitcoin post on r/NBA? I’m sure this will go well
No wonder Klay has been so edgy lately
“Fortune favors the brave.”
*Drinks piss.
This title is terrible, it’s 50% of the salary lost only in the portion actually taken in bitcoin and the amount they took in bitcoin is undisclosed. It could be less than 1% of their salary for all we know. I know that’s basically what this title says, but it makes it seem like they are losing half their salary.
I think they’ll be ok
All these people lost money, where does the money end up? Or is it just an imaginary number till they actual liquidate the funds?
If you believe this headline it’s clear you haven’t read the article.
Wait this article makes no sense.
Anyone care to decipher that article? I *think* it says they donated 30-40k in Bitcoin to gamers for charity or some shit, and that if they held it it calculates out to a loss of $20milkion, and that nobody knows how much if any they took in Bitcoin for their own salary. So basically, nothing actually happened and nobody actually lost any money.
Am I wrong here? Is this poorly written clickbait or just poorly written?
> However, the Bitcoin market is sure to come back. The utility of digital currency on decentralized exchanges is far too valuable to people with billions if not trillions of dollars.
😬
This is probably why Klays been so sensitive this year lmao
a fake currency with no value other than what speculators say it has cost people money? i don’t believe it
This article is fucking trash written by AI. reported you for sharing it
Buy high, sell low. Thats the Crypto way.
Crypto is for people who don’t know how to invest, don’t want to figure it out either, and want to pretend they’re still smarter than those who do.
32 comments
Klay “quiet quitting” Thompson
Dinwiddie is working for McDonalds wages rn
lmao remember how cryptobros said that crypto was totally safe and not susceptible to the weaknesses banks have? hilarious.
Maybe that’s part of his performance. He be looking at his crypto wallet seeing he lost hundreds of thousands between the beginning of the game and the 2nd quarter.
Klay and his wallet both washed.
I’m surprised andre’s numerology guy couldn’t advise him better lmaoo
Pack watch
And I am glad. All them celebrities promoting crypto and NFTs should be held accountable promoting a speculative scam.
doesn’t the amount get adjusted every time he’s getting paid? and then if they convert that to cash straight away they should be fine.
Did a bot write this?
>NBA Champion Klay Thompson reportedly took a portion of his NBA salaries from 2022-23 in Bitcoin. He then donated $1-Million each of BTC to various fans of his dynasty basketball team, the Golden State Warriors. While fans likely used the money for various needs of survival, the multi-millionaire athlete did not have to do so. And if they did keep his Bitcoins through today, the FTX fall-out would have canceled 50% of Klay’s Bitcoin salary.
Didn’t Iggy write a book about finance management or something?
hodl 😅
Damn who could’ve seen this coming
Tom Brady apparently lost millions as well.
Good for them. Stupid fucks.
Play stupid games, win stupid prizes
Imagine seeing an asset go up 600% in less than a year and thinking “yes, this is a stable store of monetary value”
These guys gambled bc they thought it would never stop going up, and they paid the price for it like many others did. Nobody in their right mind sees something go up 600% in under a year and think it’s not volatile
Bitcoins value right now is more in line with where it was and should be currently
Companies and people who accept Bitcoin as payment are straight up gambling that the price will either go up or down. Companies who do it are especially nefarious because it can directly harm their employees and shareholders
A Bitcoin post on r/NBA? I’m sure this will go well
No wonder Klay has been so edgy lately
“Fortune favors the brave.”
*Drinks piss.
This title is terrible, it’s 50% of the salary lost only in the portion actually taken in bitcoin and the amount they took in bitcoin is undisclosed. It could be less than 1% of their salary for all we know. I know that’s basically what this title says, but it makes it seem like they are losing half their salary.
I think they’ll be ok
All these people lost money, where does the money end up? Or is it just an imaginary number till they actual liquidate the funds?
If you believe this headline it’s clear you haven’t read the article.
Wait this article makes no sense.
Anyone care to decipher that article? I *think* it says they donated 30-40k in Bitcoin to gamers for charity or some shit, and that if they held it it calculates out to a loss of $20milkion, and that nobody knows how much if any they took in Bitcoin for their own salary. So basically, nothing actually happened and nobody actually lost any money.
Am I wrong here? Is this poorly written clickbait or just poorly written?
> However, the Bitcoin market is sure to come back. The utility of digital currency on decentralized exchanges is far too valuable to people with billions if not trillions of dollars.
😬
This is probably why Klays been so sensitive this year lmao
a fake currency with no value other than what speculators say it has cost people money? i don’t believe it
This article is fucking trash written by AI. reported you for sharing it
Buy high, sell low. Thats the Crypto way.
Crypto is for people who don’t know how to invest, don’t want to figure it out either, and want to pretend they’re still smarter than those who do.