close
close

NBA star Tristan Thompson misses Bitcoin 32 billion USD by concluding 82 million US dollars in cash

NBA player and reality -television personality Tristan Thompson signed an NBA contract of 82 million US dollars in 2015 … a dream business at that time. But now that he has become a bitcoin, he dreams of an alternative story in which this money was paid through BTC.

“What I know now, I would definitely have pushed to be paid in Bitcoin,” says Thompson.

“It would be so much that I would laugh and kick like” This is the best game of gambling in American sports history, “says the long -time crypto fanatic.

The day on which Thompson signed his 82 million dollar contract with the Cleveland Cavaliers in October 2015, Bitcoin acted with around 270 US dollars. If this money had been paid in Bitcoin instead, it would be worth around 31.75 billion US dollars today. If he had even used a small percentage of his fee to buy Bitcoin, he would now be a billionaire.

Just don't say Thompson the exact numbers. “I've never looked,” laughs the 34-year-old.

“I could still be angry after I calculated the numbers.”

Thompson, who is also known for his many appearances worldwide Keep step with the cardashiansSays that he missed the Bitcoin deals even more because he was already interested in Bitcoin at that time.

(Tristan Thompson)

“It was funny, because during the same time we had a good friend from Toronto a basketball group chat, and he said:” Guys, buy Bitcoin. “This was when Bitcoin 200 or so.



Thompson is not sure whether he could have managed bitcoins ups and downs

But Thompson is also honest enough to admit that he is not sure whether he has been able to withstand Bitcoins volatility in the past ten years.

“Who knows if I decreased a contract in Bitcoin and when we had the bear market and when we had Covid-19 and everything sinks, who knows?” he reflects.

“Would I have the training and the knowledge to withstand this storm? Obviously the things I know and the knowledge and strength I have won over the years.”

“I think everything has time,” says Thompson. Nevertheless, after the deal, Bitcoin never dropped below 270 US dollars, so he wouldn't have gone worse. Only nine months later it had more than doubled to around 577 US [That’s enough rubbing salt in the wound – Ed]

Thompson, who still holds the record of the CAVS for most consecutive games at 447, has more practical with crypto.

Read too

Characteristics

Crypto critic: Can you ever be useful?

Characteristics

10 Crypto theories that missed as badly as “Peter Todd is Satoshi”

He organizes his own crypto podcast called Courtside Crypto, he is a brand ambassador for the Crypto -Bettform Sportsbet.io and now he is the senior consultant of Traceyai, a AI agent who is based on a virtual protocol that teaches fans about basketball analyzes.

Thompson tries to orange the NBA

In recent years, several US athletes have taken all or part of their salary in Bitcoin. Thompson “gives his friend Odell Beckham Jr., an NFL player who signed Los Angeles Rams,” a lot of recognition “because he had chosen his salary of 750,000 US dollars in Bitcoin in 2021.

The NBA stars Klay Thompson and Andre Iguodala also took parts of their salary in Bitcoin.

Thompson says that he contributed to making other NBA players orange and bringing them to Bitcoin.

(Tristan Thompson)

“What I always tell boys in my team, and maybe I just roam a lot, but I always tell boys in my team that they get involved in crypto. The first thing they want to do is to go on the upper floor, what Bitcoin is,” he says.

“Because the way Bitcoin runs has to follow. It is a head hunter,” he adds.

Thomson admits that he is crypto dinner. “I'm like a man in the trenches,” says Thompson.

“I'm on crypto Twitter like Decerning and everything upwards,” he laughs.

Why Thompson will never create a “celebrity -memecoin”

Thompson is now comparing his prospects on Crypto as much as with the first achievement of the Cleveland Cavaliers in 2011 at the age of 20.

“The way I enter the room is no different than I am a newcomer to the NBA. For me, it's about being part of the ecosystem,” says Thompson.

Read too

Characteristics

Adam Back says Bitcoin price cycle “10x larger”, but will still break crucial over 100,000 US dollars

Characteristics

Are Dao's overPypal and not processed? Lessons from the front lines

In view of his profile and love for crypto, it may be like the obvious next step to start a celebrity memecoin, but he is totally against it.

“I would never want to start a Tristan Thompson token,” he says. “It always comes with the feeling like a dark cloud.”

(Tristan Thompson)

Thompson is aware that there are grifter in the Crypto industry that would like to redeem its name.

“Whenever someone hits me, I already know if he just tries to make a token or fall a mem,” he laughs.

“One thing my mother has always taught me is that quick money is not good money.”

“Unfortunately, too many athletes or celebrities have come into this room and extracted and taken away instead of learning and becoming a ship or becoming a capital to grow the room,” says Thompson.

In addition, Thompson doesn't need the money. He may not be a Bitcoin billionaire, but he's fine. “Not an arrogant way, but I made a lot of money and I did very well in my career as a player and outside of the square,” says Thompson.

(Tristan Thompson)

Nevertheless, he is all for the trade in memoins and admits that he was quite frustrated that he did not jump on the Memecoin Trump coin of US President Donald Trump at the start in January.

Thompson explains that he had dinner with the NBA colleague Anthony Edwards when the Trump coin started, and unfortunately he missed the notification.

“The part I step most in the ass is that many of these tokens were blocked. Like 80% were blocked. Even if people get out like early dumpers, the charts will still be pretty healthy,” he says.

Ciaran Lyons

Ciaran Lyons is an Australian crypto journalist. He is also a standup comedian and was a radio and TV presenter at Triple J, SBS and the Project.

Leave a Comment