Russell Okung Becomes First NFL Player to Be Paid in Bitcoin

Splakavellie504

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the coli financial analysts:russ:
dude has already made 108 million in his nfl career
You right my guy. Idk what the hell I was thinking. I guess no multi millionaire athlete, entertainer, ceo, or companies have ever went completely broke by trusting bad financial advice or bad lawsuits. Maybe I didnt witness my own bestfriend, who make more than Okung, get screwed out of millions because of bad financial advice. Maybe im hallucinating and didnt see my Aunt almost lose her house because the record company she helped build went under when a couple years before they was knocking out gold and platinum albums left and right. But try and get your daps homie lol
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Tommy Sheppard

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Breh my bestfriend is an NFL star. Alot of my former college teammates are playing and have played in the NFL. Those salaries are nothing to play around with because once its over, its a very high percentage that you will never see checks like that again. Add to the fact most players dont want to downgrade their lifestyles either. All it takes is a bad injury, very bad investment, bad marriage, lawsuit, etc and everything you worked for is in jeapordy. I hope Okung succeeds but thats some risky ass shyt he is doing. Im not his accountant or financial advisor so maybe they gave him solid advice. Im just giving my opinion :yeshrug:
I have nfl friends as well, and some of them actually live by their means and don’t want to live like a rapper, okung seems to be one of them.
 

Originalman

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With that said, I do wonder what the benefits are in doing it this way vs simply buying the bitcoin on your own.

Maybe he doesn't have to pay taxes on it??? Technically hes not "cashing" half of his check.


Maybe this is like that employer the Neveda yrs back that paid his employees in gold so they could avoid being taxed on it..

Thats what I was thinking of.
 

Splakavellie504

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I have nfl friends as well, and some of them actually live by their means and don’t want to live like a rapper, okung seems to be one of them.
Breh on the real I hope he do well. Alot of posters misintepreted my words. Im not wishing ill will but pretty much saying its a super risk. Maybe he is showing younger rich brehs a different wave. But he is not immune to getting got by these sharks out here. My homie makes more money than Okung and even he has been burned. And my homie to be as big as he is, he doesnt even carry himself as such. When you making millions and want to invest, them sharks come out. Anyone who know about real investing knows somebody got to lose in order for somebody to win. These financial sharks aint out to help brehs. They looking for suckers to make money off of so I hope Okung has done his homework and got trustworthy people on his side and I wish well for breh and his venture.
 

heisenburrr

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Breh on the real I hope he do well. Alot of posters misintepreted my words. Im not wishing ill will but pretty much saying its a super risk. Maybe he is showing younger rich brehs a different wave. But he is not immune to getting got by these sharks out here. My homie makes more money than Okung and even he has been burned. And my homie to be as big as he is, he doesnt even carry himself as such. When you making millions and want to invest, them sharks come out. Anyone who know about real investing knows somebody got to lose in order for somebody to win. These financial sharks aint out to help brehs. They looking for suckers to make money off of so I hope Okung has done his homework and got trustworthy people on his side and I wish well for breh and his venture.

He's investing in Bitcoin, a $500B market cap asset. Not some real estate ponzi, cmon
 
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