Football Team in Gibraltar to Pay Its Players in Cryptocurrency

-
Gibraltar United to Pay Its Players in Cryptocurrency


Gibraltar United F.C., a team founded in 1943 and currently playing in the Gibraltar Football League’s Premier Division, has decided to introduce cryptocurrency salary payments for its players. The club reportedly secured a sponsorship partnership with the help of the owner, Pablo Dana, an investor in the Quantocoin ICO.



The owner explained that a “preoccupation with transparency” prompted the introduction of cryptocurrency to Gibraltar United, predicting that the technology’s open-access nature could curtail the “corruption scandals that have plagued football.” It has also reportedly given his club an easy way to help foreign players who have difficulty setting up bank accounts in the British Overseas Territory.

https://news.bitcoin.com/football-team-in-gibraltar-to-pay-its-players-in-cryptocurrency/

Comments

Post a Comment

Popular posts from this blog

Three Reasons why Bitcoin is Programmed to Pump

-
Image
I saw an article online and it was well articulated about Bitcoin being programmed to pump. I made a video about it. Highlighting the view of the writer. Despite non-stop criticism, obituaries, and competition from altcoins, Bitcoin has undeniable advantages — ensuring that its value will keep rising for decades to come. It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy. Satoshi Nakamoto, 1/17/2009 Here are the reasons 1. The Hard Supply Cap 2. No One is in Control 3. The Lindy Effect
Read more

Four Events that will trigger the next Global Financial Crises

-
Image
There are some foretelling signs that shows that the global financial crises is looming, For some times now, Governments around the world are facing an upward task of balancing there sheet when it comes to financing. But the inevitable is here. The governments are in territories that have never been before. The interest is at its lowest in decades and Quantitative Easing is no longer feasible. Printing more money will lead to hyperinflation. Everything is pointing to a looming doom! Here are the four Events as it unfold 1. Government Debt As said earlier that we are now in the territories we have never been before in history of humanities. The Global Financial Debts is in trillions of Dollar. The world reserved currency ($) is weakening by the minutes. Interest is at its all time low and debts are at all time highs. It is not the matter of when that we are going to succumb to the load of debts. We are only hanging by a thread. 2. Negative Stock Market Returns
Read more

When the Game is Rigged, you don't have to Play by the Rules

-
Image
When the game is rigged, you don't have to play by the rules. Since the start of time, powerful empires have risen through history. And the one major prerequisites for glory and power had always been a standard financial system. Be it Ancient Egyptian or Babylonia or even recently Rome, wealth have been the driving force that spurred these empires forward. They could command great armies, buy Calvary and acquire the state of the art technology that gave them an edge in produc tion, industrialization and warfare. Not taking anything away from the industriousness of these empires, a spark that ensured they stayed in power is they knew something other nations didn't. They knew that the game of wealth was rigged and you need not play by the general rules to win. Of course they preached about the real 'rules' of the game but then they played by the rigged rules that ensured their victory. That pattern has been carried into modern empires of America and China.
Read more