NFL star Odell Beckham Jr. may be having the last laugh against critics of his decision to take his salary in Bitcoin.
When Beckham opted to convert his 2021 base salary of $750,000 from the Los Angeles Rams to Bitcoin as part of an endorsement deal with the Block-owned (NYSE:XYZ) Cash App, critics were quick to argue that he was making a mistake. These critics only grew louder as a market crash ensued the following year, which saw Bitcoin lose nearly 80% of its value.
But now, nearly four years after the Bitcoin bet, Beckham is the one who is smiling.
Happy for him. (And for myself, as a fellow investor.)
Only people who know absolutely nothing about crypto criticized this decision. Crypto has boomed over, and over, and over again over the last ten years. If you aren’t investing at least a portion of your portfolio in it, you’re missing out.