Oh boy, it has started! Gibraltar semi-professional football team to become world’s first to pay players in cryptocurrency!
Yes, Gibraltar United FC, member of the Gibraltar Premier Division, will become the world’s first to pay their players in part with cryptocurrency next season as announced by the club’s owner, and investor in the digital currency Quantocoin, Pablo Dana. You wouldn’t believe, but even corporate media has registered the story — look at The Guardian!
Why Gibraltar? Dana says Gibraltar offers the perfect environment:
“It was the first [place that] regulated betting companies 20 years back, when everyone was seeing them as horrible. They put compliance and anti-money laundering regulations and created a platform – they have the intelligence to do the same with cryptocurrencies.”
He also stated that it has given his club the ability to pay foreign players who are unable to easily set up a bank account in Gibraltar.
Cryptocurrency has become a major talking point in recent months, owing to a Bitcoin explosion which saw the value of the cryptocurrency rise significantly in a short timeframe. Several footballers such as Lionel Messi, Michael Owen and Luis Figo have partnered with blockchain companies.
In January, an amateur Turkish side became the world’s first to complete a transfer using only cryptocurrency. Harunustaspor paid a minimal fee for the player they acquired, confirming to many that the method would work in bigger-money, higher-stakes football also.
Now, Betman has ambigous relation to sports, unlike the relation to cryptocurrencies. But having in mind the proportions of football madness, that could be the greatest promotion of cryptocurrencies imagined.
Just watch them going to the Moon… and find no traces of US presence there! :)
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