Tom Brady Praises Cryptocurrency, Doesn’t Think Players Will Be Paid In Bitcoin

A few prominent NFL players have been proponents of cryptocurrency, and now it’s gotten the support of the greatest football player of all time. Tom Brady has confirmed that he’s an investor in the cryptocurrency market.

“I don’t think it’s going anywhere,” Brady said via the CoinDesk Consensus 2021 forum Thursday, calling himself a “big believer” in crypto. “I’m still learning so much. It’s definitely something I’m going to be in for a long time.”

“How we pay for things now is very different from how we paid for things when I was a kid,” Brady said. “At the end of the day it’s transactions and how they’re happening between people in the space of three to four feet … it’s not exchanging dollar bills anymore, it’s passing along technology.”

It’s been believed that Brady has invested in Bitcoin, though the Tampa Bay Buccaneers quarterback didn’t say which coins he owns.

“The world is changing, we all just have to understand it’s constant change and you can either be ahead of the curve or behind it and I’m choosing to be ahead of it,” Brady said. “As someone who wants to be on the forefront of things, I’m going to help create the trend and adopt it and recognize this is where the world is heading.”

Brady does not believe that teams will pay NFL players their salaries in bitcoin. Offensive tackle Russell Okung did reportedly receive half of his $13 million salary for the 2020 season in Bitcoin. Other players have suggested that they’d like to be paid in crypto.

“At the end of the day, technically that can’t happen, [teams] can’t pay their athletes [in bitcoin], what they pay is in dollars,” Brady said.

Patrick Mahomes has indicated that he’s an investor in cryptocurrency, commenting on recent drops in the market on Twitter. No. 1 overall draft pick Trevor Lawrence has an endorsement deal with a cryptocurrency app. The signing bonus for that deal will be paid in multiple crypto coins, including Bitcoin, Ethereum and Solana.