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The Pomp Podcast

#736 The First Bitcoin Baseball Team w/ Steven Nelkovski & Patrick O'Sullivan

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.81.9K Ratings

🗓️ 1 December 2021

⏱️ 31 minutes

🧾️ Download transcript

Summary

Steven Nelkovski is the CEO and Patrick O'Sullivan is the Chief Bitcoin Officer of the Perth Heat, an Australian Baseball Team. They have fully converted their entire organization to a Bitcoin Standard by holding Bitcoin on their balance sheet. They will be paying players in Bitcoin, accepting payments in Bitcoin at their stadium, and placing Bitcoin logos on the team merchandise. In this conversation, we discuss pitching the idea to the organization, creating a Chief Bitcoin Officer role, paying players in Bitcoin, and the future of their team on the Bitcoin Standard. ======================= Mode, UK Fintech app, allows you to buy, earn and grow Bitcoin, all in one app. Not only is it an easy and safe way to buy and hold Bitcoin, with Mode you can shop and receive up to 10% Bitcoin Cashback for FREE from its growing list of online partner brands.  Available on the App Store and Google Play. Download Mode at modeapp.com and enjoy 0% trading fees on all buys and sells until Dec 31, 2021. Only available in the UK. ======================= If you haven’t started building your crypto portfolio on Okcoin, there’s no better time. They’re one of the fastest growing global exchanges around and they have some promotions happening right now to help even more people be part of the future of finance. If you have an account already, you can split $100 in BTC with a friend when you invite them to sign up for Okcoin if they buy $100 of crypto in the first month. The more friends who sign up and buy, the more BTC you get. And I always recommend dollar-cost averaging as a way for investors to have more control over their average price when building their portfolio. Now you can automate dollar-cost averaging with completely fee-free daily, weekly, or monthly recurring buys on Okcoin until November 1. That’s no fees at all on your purchases until the holidays. Get started on the web or on their new super easy-to-use app at okcoin.com/pomp  ======================= My friends at Coin Cloud will give you $50 in FREE Bitcoin when you buy $200 or more at any of their 4,000+ machines. Use promo code POMP to get your free Bitcoin. For details or to find your nearest Coin Cloud machine, visit www.Coin.Cloud/Pomp Coin Cloud has been serving customers since 2014 and has established itself as the world's leading digital currency machine (DCM) operator. More than just a Bitcoin ATM, Coin Cloud machines make it easy to buy and sell Bitcoin and 30+ other digital assets with cash. To find your local ATM and get $50 in free Bitcoin, visit www.Coin.Cloud/Pomp =======================

Transcript

Click on a timestamp to play from that location

0:00.0

What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp

0:07.4

podcast, simply the best podcast out there. Now let's kick this thing off. Stephen Nolvkowski and Patrick

0:14.1

O'Sullivan. One is the CEO and the other is the chief Bitcoin officer of the Perth Heat.

0:21.3

It's an Australian professional baseball team.

0:23.7

They have fully converted their entire organization over to a Bitcoin standard.

0:27.4

They're holding Bitcoin on their balance sheet.

0:28.8

They're going to be paying players in Bitcoin, accepting Bitcoin from fans and attendees to their stadium.

0:34.4

And they are also putting Bitcoin on their jerseys. It's a fascinating conversation

0:39.0

with two men who are trying to lead professional sports down the rabbit hole of Bitcoin.

0:44.8

I hope you enjoy it. I definitely did. Before we get in this episode, I want to quickly talk

0:48.6

about our sponsors. First up is Mode. Listen up. If you're a UK Bitcoin investor, this is for you. It's a brand new sponsor,

0:55.6

so I want you guys to pay attention. This episode is brought to you by UK FinTech app Mode.

1:00.7

Mode is an app that allows you to buy, earn, and grow Bitcoin effortlessly. Not only is it

1:06.0

an easy and safe way to buy and hold Bitcoin, Mode also allows you to pay and receive up to 10% Bitcoin

1:11.6

cashback for free from its growing list of online partner brands. That's right. They've got cash

1:16.8

back for free from a growing list of online partner brands. For a limited period of time,

1:21.8

Mode is offering 0% trading fees on all Bitcoin buys and sells. That's right. You can buy and sell Bitcoin and pay no

1:28.9

trading fees. The offer ends at the end of the year, December 31st, 2021. So hurry up and download

1:34.4

the app now. I have to say, I think the company behind the app's pretty impressive.

1:39.7

Somebody who's willing to give 10% Bitcoin cashback and also zero trading fees through the end of the year.

1:45.4

You should probably check it out. They are FCA registered and are listed on the LSE.

1:50.7

They chose to hold Bitcoin on their balance sheet. They're piloting a Bitcoin payroll

...

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