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128 sats \ 3 replies \ @grayruby 4h \ on: Can salary caps survive bitcoin? Stacker_Sports
Baseball seems to do fine without a cap. In fact baseball seems to have less dynastic teams than other sports with caps. Baseball does have luxury taxes and some revenue sharing for smaller market teams.
As for how Bitcoin will impact it. Who knows? I would imagine they would still try to enforce a cap but maybe it is more difficult.
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118 sats \ 2 replies \ @Undisciplined OP 4h
I'm imagining that we'll see fewer teams going into the luxury tax, since they can just use bitcoin payments without the taxes.
From an accounting standpoint, I imagine we're still too early for many owners to have acquired enough bitcoin to make these payments in secret.
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42 sats \ 1 reply \ @grayruby 4h
Just need to start a tree planting bitcoin treasury company.
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40 sats \ 0 replies \ @Undisciplined OP 4h
Whose to say our bitcoin treasury company doesn't plant trees?
Whatever you feel bad about, we fix it! And, we can fix it even better if you give us your bitcoin.
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