Brooklyn Nets guard Spencer Dinwiddie isn’t any stranger to Bitcoin controversy with the NBA, however he’s furthering his maintain available on the market with a brand new transfer.
Skilled athletes and Bitcoin have gone hand in hand for a while, however no one does it fairly like Brooklyn Nets guard Spencer Dinwiddie. After making waves earlier this season along with his intention to tokenize his three-year, $34 million contract via cryptocurrency, he’s taken things a step further.
On Twitter Friday night, Dinwiddie announced his intention to essentially crowdsource his next contract via Bitcoin. Mind you, that’s assuming fans can raise a total of 2,625.8 Bitcoin, which as of this moment converts into $24,632,630, via GoFundMe.
No big deal, right?
It seems as though this stems from something Dinwiddie was pondering just the night before, on Thursday. Via Twitter:
In fact, issues like this should be held tamper-proof, so no house owners or crew representatives are permitted to contribute. There’s additionally the truth that this may not be allowed within the NBA’s collective bargaining settlement, so you may relaxation assured that the league will probably be spending a while determining if that is authorized or not.
My fully uneducated guess at this early level? It’s in all probability not.
Nevertheless, even when Spencer Dinwiddie doesn’t meet his aim of $24.6 million worth of Bitcoin, that cash will go to a very good trigger: All the cash that’s raised will probably be donated to charity.
At this early level within the proceedings, Dinwiddie has raised $389, about 85 minutes after posting his GoFundMe web page. That works out to roughly $280 per hour, which means it could take about 87,857 hours to satisfy the aim at this charge. Or 3,660 hours, or only a contact over 10 years.
Nonetheless, this might find yourself being a few of the most entertaining motion we’ve seen for the reason that NBA put its season on pause greater than two months in the past. Buckle up and let’s watch that counter climb.