NBA star Tristan Thompson chose $ 82 million in cash instead of Bitcoin - $ 3.2 billion 'Opportunity' Opportunity '
The NBA player Tristan Thompson chose to receive the contract payment in cash in 2015 instead of Bitcoin. If he had received payment with Bitcoin, his current value would exceed $ 3.2 billion.
Another one has been added to the stories of ‘I wish I had taken’ stories in the crypto currency market - and this time there is a well -known NBA player: Tristan Thompson.
Thompson won 82 million dollars thanks to his 5 -year contract with Cleveland Cavaliers in 2015 and made his payment as a cash instead of Bitcoin at that time. However, according to the calculations of crypto currency investors, if Bitcoin had been taken from approximately $ 250 with the price of BTC at that time at that time, the current value would have reached a full $ 3.2 billion.
This ‘escaped opportunity’ was brought to the agenda by the crypto community with humorous comments on social media and humorous terms such as “Thompson Index .. Many commentators emphasized that one of the greatest individual delegates in the history of NBA can be obtained with the strategy of “only 5 years of Hodl”.
Of course, in 2015, Bitcoin was still a relatively unknown and highly volatile asset. Especially for professional athletes and their financial consultants, it was a radical decision to pay with crypto money at that time. Even today, corporate structures such as NBA adopt the crypto as a means of payment.
However, this event has become remarkable in recent years compared to other athletes who prefer crypto as one of the salary and sponsorship payment methods. For example, NFL player Odell Beckham Jr. chose to take a part of his salary as Bitcoin. Similarly, Spencer Dinwiddie, one of the NBA players, attempted to token the contract.
Tristan Thompson did not make any explanation. However, the crypto community, this event ‘timing’ and ‘vision’ issues that attracted attention. Some argue that this event reveals cultural and psychological barriers to the adoption of crypto currencies.
As a result, Tristan Thompson’s preferred dollar instead of Bitcoin will remain as a past ‘opportunity cost’ analysis. However, this has already become a symbolic story that describes the value of timing and patience in the crypto market.