Tom Brady says he’s a agency believer in cryptocurrencies
Tom Brady of the Tampa Bay Buccaneers celebrates after winning Super Bowl LV on February 7, 2021.
Brian Snyder | Reuters
Seven-time Super Bowl champion Tom Brady said he was a firm believer in cryptocurrencies and confirmed that he bought digital coins.
“I don’t think it’s going anywhere,” Brady said Thursday on the CoinDesk Consensus 2021 forum. “I am still learning so much. It is definitely something I will be in for a long time.”
“How we pay for things now is very different from the way we paid for things as a kid,” Brady said. “Ultimately, it’s transactions and how they happen between people within 3 to 4 feet … no more dollar bills are exchanged, technology is passed down.”
“The world is changing, we all just have to understand that it is constantly changing and you can either be ahead of the curve or behind it and I choose to be ahead of the curve,” he said. “As someone who wants to be on top of things, I will help create and adopt the trend and realize that this is the way of the world.”
Brady didn’t say what coins he bought, but he has shown interest in Bitcoin. For example, earlier this month he changed his Twitter profile picture to include “laser eyes,” which many Bitcoin enthusiasts do to show their support.
“I’ve been following this community on Twitter for a while. Somebody really called me to change my profile picture and use the laser eyes,” he said. “As I understand it, it was a vote of confidence to really get into the conversation because I believe in crypto and know where things are going in the world.”
Brady doesn’t think NFL players will be paying with Bitcoin anytime soon. “Ultimately, that can’t technically happen. What you pay for is in dollars.” But he said it was “absolutely” a good means of investing money.
“I definitely think there will be more solutions as this is more common,” he added.
Earlier this year, Brady announced an NFT platform called Autograph that will auction digital content linked to the blockchain when it is released sometime this spring.
Interest in cryptocurrencies has increased significantly over the past year. Athletes, celebrities and business people invest in various digital coins and believe that cryptocurrencies are a portfolio diversifier. The price of a single Bitcoin, the world’s most valuable cryptocurrency, has increased by more than 280% year over year, according to CoinDesk.
Subscribe to CNBC on YouTube.