Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

NASCAR Driver Paid in Cryptocurrency for the Remaining Season

NASCAR Driver Paid in Cryptocurrency for the Remaining Season

Professional NASCAR driver, Landon Cassill, recently announced that he has partnered with the crypto-asset platform Voyager Digital Ltd. in order to be paid in cryptocurrency. According to Cassill’s announcement he will be paid in crypto for the remainder of the 2021 NASCAR Xfinity Series season.

According to the announcement, Landon Cassill, who drives the JD Motorsports’ No. 4 Chevrolet, will be paid in cryptocurrency for the rest of the 2021 NASCAR season. Cassill is a big supporter of the crypto ecosystem and a friend of Voyager CEO Steve Ehrlich. The partnership will also see the No. 4 Chevy feature a “Voyager paint scheme in Saturday’s Tennessee Lottery 250 at Nashville Superspeedway.”

Cassill has said that he checks his “Voyager account probably 100 times a day.” Despite cryptocurrencies tendecy to volatility, Cassill is willing to take the risk. “Well, I mean, there is risk in holding cryptocurrency as there is with any stock or any investment,” Cassill said. “But for me, it’s something I’m familiar with, I’m comfortable with and I feel like I have a good handle on what I’m willing to risk and what I need to pay my bills.”

Landon Cassill joins the growing list of celebrities and athletes getting into digital currencies. Last year, NBA star Spencer Dinwiddie tokenized his contract and the NFL offensive tackle Russell Okung is paid in bitcoin (BTC). NASCAR driver Darrell “Bubba” Wallace revealed last July that the bitcoin logo would be featured on his Cash App-sponsored Chevy No. 43. Voyager’s CEO Ehrlich believes the partnership with Landon Cassill brings further visibility to the crypto ecosystem.

“It goes all to education, and what we try to do is educate the masses on why cryptocurrency matters, why digital dollars is where we’re going,” Ehrlich explained. “I always tend to ask people as customers or people that are wanting to learn more: When was the last time you actually used real greenback dollars? Most people don’t. They use debit cards, and everything is electronic anyway. So, this is the next phase of electronic currency.”

Cassill, a 31-year-old Iowan, has ranked 12th two times, once at Darlington Raceway in May and Daytona Road Course last February. Cassill has also been racing for a very long time since he was a little boy. At 16, Cassill obtained the record for the youngest winner in ASALMS history back in 2006. Ehrlich concluded by noting that this aims to go “to the moon” in terms of what they can do for “education and growth of both brands.”

Source: NASCAR Driver Paid in Cryptocurrency for the Remaining Season – Fintechs.fi

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Hungary Ranked Among the World’s Safest Travel Destinations for 2025
G7 Leaders Fail to Reach Consensus on Key Global Issues
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Man Convicted of Fraud After Booking Over 120 Free Flights Posing as Flight Attendant
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Beata Thunberg Rebrands as Beata Ernman Amidst Sister's Activism Controversy
Hungarian Parliament Approves Citizenship Suspension Law
Prime Minister Orbán Criticizes EU's Ukraine Accession Plans
Hungarian Delicacies Introduced to Japanese Market
Hungary's Industrial Output Rises Amid Battery Sector Slump
President Sulyok Celebrates 15 Years of Hungarian Unity Efforts
Hungary's Szeleczki Shines at World Judo Championships
Visegrád Construction Trends Diverge as Hungary Lags
Hungary Hosts National Quantum Technology Workshop
Hungarian Animation Featured at Annecy Festival
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
UK and EU Reach New Economic Agreement
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
Israel Launches 'Operation Rising Lion' Targeting Iranian Nuclear and Military Sites
UK and EU Reach Agreement on Gibraltar's Schengen Integration
Israeli Finance Minister Imposes Banking Penalties on Palestinians
U.S. Inflation Rises to 2.4% in May Amid Trade Tensions
Trump's Policies Prompt Decline in Chinese Student Enrollment in U.S.
Global Oceans Near Record Temperatures as CO₂ Levels Climb
Trump Announces U.S.-China Trade Deal Covering Rare Earths
Smuggled U.S. Fuel Funds Mexican Cartels Amid Crackdown
Austrian School Shooting Leaves Nine Dead in Graz
Bezos's Lavish Venice Wedding Sparks Local Protests
Europe Prepares for Historic Lunar Rover Landing
Italian Parents Seek Therapy Amid Lengthy School Holidays
British Fishing Vessel Seized by France Fined €30,000
Dutch Government Collapses Amid Migration Policy Dispute
UK Commits to 3.5% GDP Defence Spending Under NATO Pressure
Germany Moves to Expedite Migrant Deportations
US Urges UK to Raise Defence Spending to 5% of GDP
Israeli Forces Intercept Gaza-Bound Aid Vessel Carrying Greta Thunberg
IMF Warns of Severe Global Trade War Impacts on Emerging Markets
Low Turnout Jeopardizes Italy's Citizenship Reform Referendum
Transatlantic Interest Rate Divergence Widens as Trump Pressures Powell
EU Lawmaker Calls for Broader Exemptions in Supply Chain Legislation
France's Defense Spending Plans Threatened by High National Debt
European Small-Cap Stocks Outperform U.S. Rivals Amid Growth Revival
Switzerland Proposes $26 Billion Capital Increase for UBS
×