{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=&target_lang=ES&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=Bitcoin+utility+in+action%3A+Canadian+basketball+players+can+opt+for+crypto+salaries&text=The+Canadian+Elite+Basketball+League+has+announced+that+it+will+be+allowing+players+to+choose+Bitcoin+players+if+they+choose.&text=As+more+and+more+institutions+look+to+%3Ca+title%3D%22Bitcoin+Evolution%22+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fbitcoin-evolution-review%2F%22+data-replaced%3D%22true%22%3EBitcoin%3C%2Fa%3E+for+investment%2C+we%27re+starting+to+see+more+utility+cases.+In+the+latest%2C+the+Canadian+Elite+Basketball+League+will+allow+players+to+accept+some+of+their+salaries+in+Bitcoin.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AAs+announced+by+the+%3Ca+href%3D%22https%3A%2F%2Fwww.cebl.ca%2Fcanadian-elite-basketball-league-becomes-first-pro-sports-league-in-north-america-to-offer-player-pay-in-bitcoin-through-partnership-with-bitbuy%22%3Eleague%3C%2Fa%3E%2C+the+Canadian+Elite+Basketball+League+has+teamed+up+with+Bitbuy%2C+a+Toronto-based+exchange%2C+as+a+gateway+platform+to+convert+from+Canadian+dollars+to+Bitcoin+upon+request+of+the+players.+Over+70+players+on+the+roster+will+be+eligible+to+receive+part+of+their+salaries+in+Bitcoin.+The+league+has+stated+that+any+funds+requested+to+be+paid+in+Bitcoin+will+be+delivered+to+the+players%27+%3Ca+title%3D%22Crypto+Trader+Review%22+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fcrypto-trader-review%2F%22+data-replaced%3D%22true%22%3Ecryptocurrency%3C%2Fa%3E+wallets.+As+a+result%2C+Bitbuy+will+also+become+one+of+the+league%27s+official+sponsors.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AMike+Morreale%2C+Commissioner+and+CEO+of+the+CEBL+stated%3A+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%3Cp+class%3D%22text-align-left%22%3E%3Cem%3E%E2%80%9CInnovation+and+delivering+a+new+basketball+experience+have+been+a+driving+force+behind+our+creation+of+one+of+the+world%E2%80%99s+most+widely+recognized+pro+basketball+leagues.+Some+of+the+best+players+outside+the+NBA%2C+and+some+with+NBA+experience%2C+have+joined+our+league+because+we+make+player-first+decisions.+Our+partnership+with+Bitbuy+speaks+to+our+commitment+to+players%2C+and+also+to+our+forward-thinking+approach+to+how+we+go+about+our+business.+We+appreciate+Bitbuy%E2%80%99s+investment+in+helping+us+further+grow+Canada%E2%80%99s+official+national+pro+basketball+league.%E2%80%9D%C2%A0%3C%2Fem%3E%3C%2Fp%3E%0A%0A%3Ch2%3EBitcoin+-+the+possible+future+of+payments%3C%2Fh2%3E%0AKimbal+Mackenzie+of+the+Nighthawks+has+already+said+that+he+is+up+to+accept+the+league%27s+offer.+He+said%3A+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0A%3Cem%3E%E2%80%9CThe+opportunity+to+be+paid+in+Bitcoin+is+something+I%E2%80%99m+incredibly+excited+about.+I+believe+cryptocurrency+is+the+future.+The+ability+to+have+part+of+my+salary+go+directly+into+an+investment+that+I+believe+will+appreciate+greatly+over+the+next+10-30+years+is+a+no-brainer.%E2%80%9D+%3Cstrong%3EBold%3C%2Fstrong%3E%3C%2Fem%3E%0A%0AAs+other+sports+franchises+have+opted+to+offer+cryptocurrency+payments+and+team+up+with+crypto+organisations%2C+critics+have+pointed+out+the+volatility+of+Bitcoin%2C+voicing+concerns+about+the+industry%27s+integrations+into+traditional+payments.+However+those+-+like+Mackenzie+-+interested+in+Bitcoin+payments+are+likely+aware+of+the+risks+and+prepared+to+take+on+the+possibility+of+the+token+falling.+Mackenzie+stated+that+if+Bitcoin+should+fall%2C+%22%3Cem%3Eso+be+it%3C%2Fem%3E%22%3A+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0A%3Cem%3E%22It+was+a+decision+I+was+prepared+to+make.+On+the+other+hand%2C+if+it+increases%2C+maybe+I+will+retire+in+two+years.%E2%80%9D%3C%2Fem%3E","timeout":15}