Bitcoin [BTC] and Litecoin [LTC] go on a drive with NASCAR’s professional race car driver, Landon Cassill.
The popularity of Bitcoin [BTC] has been growing without a hurdle. Despite the downfall in its price, over the last couple of weeks, the asset managed to stay relevant. Several platforms continue to embrace and onboard the king coin. After, real estate, nightclubs, banks, and several other sectors cryptocurrencies have decided to venture into the racing industry. Taking a leap into the crypto-verse, a NASCAR driver revealed that he had opted to receive his salary in cryptocurrency.
NASCAR jumps onto the crypto wagon
The Associated Press recently reported that Landon Cassill would be garnering salary in Bitcoin and Litecoin as part of the sponsorship with Voyager, a prominent cryptocurrency brokerage firm. Elaborating on this, the CEO of Voyager, Steve Ehrlich stated,
“Landon Cassill’s focus and determination on the racetrack translates into everything he does. Landon also shares our vision for the widespread adoption of cryptocurrencies, and we are proud to be the first company to secure a primary NASCAR sponsorship entirely with crypto.”
The crypto firm has entered a 19-year sponsorship agreement with the NASCAR racer. While his portfolio would entail an array of cryptocurrencies, BTC and LTC would be a part of it. Cassill even went on to reveal that he has been investing in crypto for quite a while now and had even uploaded a Twitter profile picture with laser eyes.
Speaking about his interest in crypto, Cassill said,
“I can trade it right away before the market changes or hold on to it while the market goes up or down, take out a little, pay my bills with it and keep the rest. There are a handful of pilots who like crypto, but I am probably one of the ones who has been in this long enough and I am quite comfortable with how it works. “
This news was a clear indication of how Bitcoin was no longer in its nascent stage with regard to adoption. Additionally, at the time of writing, the king coin was trading for $37,844 while its market cap stood at $709 billion.
