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Bitcoin at the USA Olympics this winter.

The USA Luge team is making history for they are the first US Olympic team to accept Bitcoin donations.

Historically, Luge team has not been one of the more popular Olympic sports for American viewers. But for a different reason, it’s now under the spotlight.

However, what his move means is?

It means that the USA Luge team is often in need of funds. While the team does have some sponsors, every little bit counts quite a bit, which is why the team is turning to it for help.

Gordy Sheer, the USA Luge marketing director and silver medalist in the 1998 Olympic doubles, sees some parallels between crypto users and lugers.

His words are just as follows, “You know, we hear a lot of jokes about lugers being crazy, and people don’t know why we do it. But luge is something that gets into your blood and transforms your life…and the bitcoin users we’ve met know exactly what it’s like to be all in on something that the world doesn’t appreciate yet. We’ve looked at it hard, and it is definitely a risk-reward we understand and are eager to take.”

Another statement by former Olympian Ty Danco and crypto investor, “It’s such a natural and good fit for the team. The luge team is not thinking short term, but long.”

There are some current tax benefits for donating it to Team USA. Donors will not have to pay the taxes on any appreciation gained, which will help keep the IRS off their backs. Also, donations made this year will fall under the current tax code. Overall, it’s great for a financially-strapped team to look to independent donation sources, and cryptocurrency is just the thing.

The team has put up a rewards schedule depending on how much Bitcoin they raise in the future.

  • 5 BTC – Bitcoin’s logo will appear on team hats and memorabilia hats.
  • 10 BTC – Above, including Bitcoin logo sewn onto all luge team outerwear for the 2018 season (excluding the Winter Olympics).
  • 25 BTC – All of the above, including Bitcoin logo of sleds for the next two seasons.
  • 50 BTC – All of the above, with Bitcoin logo on sleds for next four seasons.
  • 100 BTC – All the above including Bitcoin logo on team skin suits for four years (excluding Olympics).

For 21 million the team promised to find ‘Satoshi and get him on a sled’ – 21 million is the finite number of Bitcoins.

Read this for more: https://www.express.co.uk/finance/city/918660/Bitcoin-Price-Bitcoin-news-Cryptocurrency-Winter-Olympics-2018-USA-luge-team-BTC-USD

93 thoughts on “Bitcoin at the USA Olympics this winter.

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  81. Apple now has Rhapsody as an app, which is a great start, but it is currently hampered by the inability to store locally on your iPod, and has a dismal 64kbps bit rate. If this changes, then it will somewhat negate this advantage for the Zune, but the 10 songs per month will still be a big plus in Zune Pass’ favor.

  82. Zune and iPod: Most people compare the Zune to the Touch, but after seeing how slim and surprisingly small and light it is, I consider it to be a rather unique hybrid that combines qualities of both the Touch and the Nano. It’s very colorful and lovely OLED screen is slightly smaller than the touch screen, but the player itself feels quite a bit smaller and lighter. It weighs about 2/3 as much, and is noticeably smaller in width and height, while being just a hair thicker.

  83. The Zune concentrates on being a Portable Media Player. Not a web browser. Not a game machine. Maybe in the future it’ll do even better in those areas, but for now it’s a fantastic way to organize and listen to your music and videos, and is without peer in that regard. The iPod’s strengths are its web browsing and apps. If those sound more compelling, perhaps it is your best choice.

  84. Between me and my husband we’ve owned more MP3 players over the years than I can count, including Sansas, iRivers, iPods (classic & touch), the Ibiza Rhapsody, etc. But, the last few years I’ve settled down to one line of players. Why? Because I was happy to discover how well-designed and fun to use the underappreciated (and widely mocked) Zunes are.

  85. Between me and my husband we’ve owned more MP3 players over the years than I can count, including Sansas, iRivers, iPods (classic & touch), the Ibiza Rhapsody, etc. But, the last few years I’ve settled down to one line of players. Why? Because I was happy to discover how well-designed and fun to use the underappreciated (and widely mocked) Zunes are.

  86. This is getting a bit more subjective, but I much prefer the Zune Marketplace. The interface is colorful, has more flair, and some cool features like ‘Mixview’ that let you quickly see related albums, songs, or other users related to what you’re listening to. Clicking on one of those will center on that item, and another set of “neighbors” will come into view, allowing you to navigate around exploring by similar artists, songs, or users. Speaking of users, the Zune “Social” is also great fun, letting you find others with shared tastes and becoming friends with them. You then can listen to a playlist created based on an amalgamation of what all your friends are listening to, which is also enjoyable. Those concerned with privacy will be relieved to know you can prevent the public from seeing your personal listening habits if you so choose.

  87. Hands down, Apple’s app store wins by a mile. It’s a huge selection of all sorts of apps vs a rather sad selection of a handful for Zune. Microsoft has plans, especially in the realm of games, but I’m not sure I’d want to bet on the future if this aspect is important to you. The iPod is a much better choice in that case.

  88. Between me and my husband we’ve owned more MP3 players over the years than I can count, including Sansas, iRivers, iPods (classic & touch), the Ibiza Rhapsody, etc. But, the last few years I’ve settled down to one line of players. Why? Because I was happy to discover how well-designed and fun to use the underappreciated (and widely mocked) Zunes are.

  89. Between me and my husband we’ve owned more MP3 players over the years than I can count, including Sansas, iRivers, iPods (classic & touch), the Ibiza Rhapsody, etc. But, the last few years I’ve settled down to one line of players. Why? Because I was happy to discover how well-designed and fun to use the underappreciated (and widely mocked) Zunes are.

  90. I’ll gear this review to 2 types of people: current Zune owners who are considering an upgrade, and people trying to decide between a Zune and an iPod. (There are other players worth considering out there, like the Sony Walkman X, but I hope this gives you enough info to make an informed decision of the Zune vs players other than the iPod line as well.)

  91. Between me and my husband we’ve owned more MP3 players over the years than I can count, including Sansas, iRivers, iPods (classic & touch), the Ibiza Rhapsody, etc. But, the last few years I’ve settled down to one line of players. Why? Because I was happy to discover how well-designed and fun to use the underappreciated (and widely mocked) Zunes are.

  92. Hands down, Apple’s app store wins by a mile. It’s a huge selection of all sorts of apps vs a rather sad selection of a handful for Zune. Microsoft has plans, especially in the realm of games, but I’m not sure I’d want to bet on the future if this aspect is important to you. The iPod is a much better choice in that case.

  93. Zune and iPod: Most people compare the Zune to the Touch, but after seeing how slim and surprisingly small and light it is, I consider it to be a rather unique hybrid that combines qualities of both the Touch and the Nano. It’s very colorful and lovely OLED screen is slightly smaller than the touch screen, but the player itself feels quite a bit smaller and lighter. It weighs about 2/3 as much, and is noticeably smaller in width and height, while being just a hair thicker.

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