Tom Brady states he’s a ‘huge follower’ in cryptocurrencies

Tom Brady says he's a 'big believer' in cryptocurrencies

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Tampa Bay Buccaneers’ Tom Brady commemorates after winning the Super Bowl LV, February 7, 2021.

Brian Snyder | Reuters

Seven-time Super Bowl champ Tom Brady stated he’s a “big believer” in cryptocurrencies, validating that he’s acquired digital coins.

“I don’t think it’s going anywhere,” Brady stated at the CoinDesk Consensus 2021 online forum on Thursday. “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 stated. “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.”

“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,” he included. “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 didn’t state which coins he’s purchased, however he’s shown an interest in bitcoin. Earlier this month, for instance, he altered his Twitter profile photo to consist of “laser eyes,” which is something lots of bitcoin lovers do to reveal their assistance.

“I’ve been following that community for a while on Twitter, someone had really called me out to change my profile picture and use the laser eyes,” he stated. “In my understanding it was a vote of confidence, to really get into the conversation as I’m such a believer in crypto and where things are headed in the world.”

Brady does not believe NFL gamers will paid in bitcoin anytime quickly. “At the end of the day, technically, that can’t happen. What they pay is in dollars.” But he stated it’s “absolutely” a great automobile for investing cash.

“I definitely think there will be more solutions as this is more widely adopted,” he included.

Earlier this year, Brady revealed an NFT platform called Autograph that will auction off pieces of digital material connected to the blockchain when it introduces at some point this spring.

Interest in cryptocurrencies has actually risen over this previous year, with professional athletes, celebs and service executives buying various digital coins, thinking cryptocurrencies are a portfolio diversifier. The cost of a single bitcoin, the world’s most important cryptocurrency, is up more than 280% year over year, according to information from CoinDesk.

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