Orange Pilling Through Sport with Steven Nelkovski & Patrick O'Sullivan - WBD709

Mr Obnoxious

Peter McCormack

Technology, News, Politics, Money, Investing, Finance, Bitcoin

4.8 • 2.7K Ratings

🗓️ 14 September 2023

⏱️ 102 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Steven Nelkovski is the CEO of Perth Heat and Patrick O’Sullivan is the Chief Bitcoin Officer. In this interview, we discuss sports teams adopting a Bitcoin standard, why it’s important to meet people where they are at and how Bitcoin changes the economics of sport.

- - - -

Perth Heat is a professional baseball team based in Perth, Western Australia. It is a foundation member of the Australian Baseball League, and is the most successful team in ABL history, having won 15 Claxton Shields championships.

In November 2021, the Perth Heat became the first team in world sport to operate on a Bitcoin Standard. They pay their players and staff in Bitcoin, accept Bitcoin payments for sponsorships, merchandise, and ballpark concessions and of course holds Bitcoin on its balance sheet.

Bitcoin will disrupt every industry, and sports is no different. Being early not only puts your team on the map to the global bitcoin audience, but the economic incentives are clear, teams like Perth Heat and Real Bedford have first mover advantages and are front-running the bigger clubs that will inevitably adopt Bitcoin.

Show notes: https://www.whatbitcoindid.com/podcast/orange-pilling-through-sport

This episode’s sponsors:
Iris Energy - Bitcoin Mining. Done Sustainably
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Wasabi Wallet - Privacy by default
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Transcript

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0:00.0	The beautiful thing about Bitcoin is if it works with baseball, it works with anything.
0:08.0	If you think about value for value, the model, it changes everything.
0:12.0	Right, hello, how are you all?
0:14.0	Hello from Lebanon.
0:15.0	What a cool country this place is.
0:17.0	It's really strange as I travel around the world,
0:19.0	sometimes I go to these places where you worry about the economic situation you end up meeting the most amazing incredible people,
0:26.6	the most amazing within the people and Lebanon is exactly at that so I cannot wait to get this film out.
0:37.0	Anyway, welcome to the what Bitcoin did podcast, which is brought to you by the legends at Iris Energy, the largest NASDAQ listed Bitcoin miner using 100% renewable energy.
0:41.0	I'm your host, Peter McCormackack and today we have Perth Heat on
0:44.6	the show we've got CEO Stephen and Chief Bitcoin Officer Patrick
0:48.8	Patrick of Sullivan. I was going to try and say Stephen's name I think it's
0:52.4	Nelkowski.
0:54.0	Nelkovsky. I think Stephen Nelkovsky.
0:56.4	Danny what is it?
0:57.3	No. We've never had Danny on an intro before.
1:00.0	Nelkovsky. Yes, CEO Stephen Nokovsky. Now I've known Stephen for quite some time when we announced
1:05.2	Rail Bedford, he'd already announced his Perth Heat, Bitcoin project, and then I met him out in Miami,
1:11.0	he gave me a jersey, and we've kind of been knocking back
1:13.5	deums on Twitter for this whole time sharing ideas, talking about what they're up to,
1:17.7	what we're up to. There is so much alignment between the Perth Heat baseball
1:21.6	team and what they're doing in Australia and
	...

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