NBA Stars and Crypto: A Winning Combo?

Bitcoin has hit a new high, reaching $88, 000. This digital currency craze has caught the attention of some NBA stars. Let's meet a few players who are investing and even getting paid in crypto. Spencer Dinwiddie, a Dallas Mavericks guard, made headlines in 2019. He turned his $34 million contract into digital tokens that fans could invest in. It's like a bond, where investors get their money back with interest. Dinwiddie gets the funds upfront. We wonder how much those tokens are worth now! Kevin Durant, a Phoenix Suns forward, was an early investor in a crypto platform called Coinbase. He and his business partner put money into it back in 2017. Coinbase was valued at $86 billion in 2021. Impressive, right?

Cade Cunningham, a Detroit Pistons guard, received his welcome bonus in Bitcoin when he joined the league in 2021. He also talked about how crypto can help people save and invest. But in 2022, the market was shaky. Companies like FTX and Crypto. com had issues. Now, Bitcoin's value is at an all-time high. Klay Thompson and Andre Iguodala, former Golden State Warriors players, decided to get part of their salary in Bitcoin. They believe it's the future of money. Thompson said he's "with Bitcoin" and Iguodala agrees. If they still hold it, it's worth a lot now. Tyrese Haliburton, an Indiana Pacers star, is another NBA player who likes crypto. He plans to get his salary in Bitcoin. The NBA's partnership with Coinbase has sparked more talks about crypto among players and staff. What do you think about NBA's involvement in digital currency?

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