All In on Bitcoin with Sean Culkin - WBD344
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 5 May 2021
⏱️ 69 minutes
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Summary
Location: Remotely Date: Monday 3rd May Company: Kansas City Chiefs Role: Tight End
Sean Culkin rocked the sports world with his recent announcement that he is taking 100% of his $920K salary in bitcoin. Sean is not the first NFL player to dive into bitcoin, but he is the first to take his entire salary in bitcoin in a truly trailblazing move.
Sean argues that athletes now need to "view themselves as corporations", and with many corporations now using Bitcoin as an inflation hedge, why should athletes be any different? Microstrategy CEO Michael Saylor described his cash position as being like a '$500m melting ice cube' when he led the charge.
In this interview, we discuss his journey to the NFL, taking his entire $920K salary in bitcoin and where his conviction comes from.
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Transcript
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| 0:00.0 | Man, Bitcoin is hope and it is traveling and people are becoming aware of it and I'm ready to do this and I don't really view it as a risky thing. |
| 0:09.0 | Hello there from El Salvador, the Bedford of Latin America. |
| 0:13.2 | How are you all doing? |
| 0:15.2 | You having a good week, gonna level with you. |
| 0:17.9 | I'm just drunk a bottle of wine with Jack Mallers, |
| 0:21.0 | but my engineer Danny's like, |
| 0:22.0 | you need to get the audio over to me so I'm a little |
| 0:24.9 | bit drunk I apologize for that but anyway welcome to the what Bitcoin did |
| 0:29.0 | podcast which is brought you by Gemini the only place I'm using for buying Bitcoin. |
| 0:33.4 | I'm your host Peter McCormack and today I've got an awesome interview. |
| 0:36.4 | Today I've got Kansas City Chiefs Titan, Sean Colking on. |
| 0:40.0 | We're going to be discussing him put in his entire salary into Bitcoin. |
| 0:44.7 | But before that, I do have a message from my amazing show sponsors, |
| 0:48.0 | and first up today we have BlockFi The Future of Bitcoin and Financial Services |
| 0:52.4 | who are offering a number of products to |
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| 1:18.6 | Bitcoin on all card purchases. Obviously that's very cool. I cannot wait to get mine. If you are interested in checking Blockfai out, I recommend you do your own research, then head over to Blockfai.com, which is BLO,C-F-I,com. And next up we have Ledger the world's most popular hardware wallet. Now |
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