After reaching an agreement with Bitcoin-focused financial services company New York Digital Investment Group, renowned baseball team the New York Yankees will permit its employees to convert a portion of their salary into Bitcoin holdings (NYDIG). The multi-year agreement, as stated in the official press release, would provide Yankees employees access to NYDIG's Bitcoin Savings Plan (BSP), giving them the choice to set up an automated conversion of a portion of their post-tax salary into bitcoin. Although there are no transaction fees, the site does not allow users to transfer their coins to outside wallets or receive the asset from outside sources.
One of the most effective ways to save bitcoin for workers at the Yankees and elsewhere is to set aside a tiny portion of their wages into a Bitcoin Savings Plan. Dollar-cost averaging can smooth out any hiccups along the way. According to the "Bitcoin Benefits 2022" poll conducted by NYDIG, 36% of workers under the age of 30 are interested in earning a percentage of their wages in bitcoin.
The blockchain ecosystem is rapidly growing as cryptocurrency as means of payment is increasingly being adopted around the globe also diverse establishment across different industries such as Ferragamo, Gucci, Facebook are adopting NFTs and blockchain-based social media platforms which provide users more privacy and are censorship resistant such as Tok Lok App, Steemit, peetah and indorse.io are increasingly becoming popular. These are all indicators of a thriving Ecosystem. According to NYDIG, organizations of all sizes, from small firms to the Fortune 500, have used their bitcoin platform, which satisfies the highest regulatory level. The relationship, according to NYDIG's chief marketing officer, is a crucial chance to capitalize on the legendary sports team's impact and further the company's goal of "bringing bitcoin to everybody."
[link] [comments]
source https://www.reddit.com/r/btc/comments/w0nbo0/new_york_yankees_ready_to_pay_employees_in/
No comments:
Post a Comment