Nets guard Spencer Dinwiddie (@SDinwiddie_25) says he will sign a one-year deal with the NBA team fans decide if they reach Bitcoin target of roughly $24,632,630 on a GoFundMe. Dinwiddie’s statement: pic.twitter.com/oebwkoFBEO
— Shams Charania (@ShamsCharania) May 16, 2020
Can’t wait to see where I play next.
Dinwiddie x BTC x NBA https://t.co/JwqWXP5zT9
— Spencer Dinwiddie (@SDinwiddie_25) May 16, 2020
So Spencer Dinwiddie set up a GoFundMe to decide where he’ll sign a one year deal when he hits Free Agency next year and I’m so confused by what the hell he’s talking about. Are we still doing BitCoin? I thought that ship sailed after it bottomed out at like $2k after going up to like $27k at one point.
I’m simply creating this GoFundMe as my commitment to my previous tweets. As of now 2625.8 BTC is roughly equivalent to $24,632,630 USD. If we hit the target then I will allow the fan base to determine my next team decision and sign a one year contract at that destination. If we do not hit the target goal then I will be donating 100% of this campaign to charity. Fan engagement comes in all shapes and sizes, lets have fun folks!
So does he keep the money if he hits the target and sign for $1 next year with whatever team’s fans donate the most? I have quarantine brain Spence, not a thinking cap that can carry the 1 and do remainders and shit right now so there’s a lot of questions.
He’s done outside the box type stuff before. He gave people the opportunity to invest in his new $34 million contract a couple years back. Which I think means you invest a minimum $150k and you get a return on interest, bonuses, and his potential next contract. Again. Not a numbers guy so this will go over my head.
As envisioned by Dinwiddie, people could invest in his three-year, $34 million contract, just like they can invest in treasury bonds or corporate bonds. In monthly installments, investors would be paid back their principal, plus interest. Meanwhile, by receiving investors’ funds upfront, Dinwiddie would essentially be paid earlier than he’d be paid by the Nets. He could use those funds to invest in other ventures, ideally earning enough to payback investors and take home a healthy profit for himself.
If anyone wants to invest in me email me at firstname.lastname@example.org. I promise to bring you 100% returns on any $100 or less investment. You might not see your returns for a decade, but those are the risks you take when you’re investing with such a volatile company. One day I might be calling out Corona for being a fraud. Then another time I’ll be holed up in my house on day 65 because of the same thing I called a fraud.
Question I have. Why not just start an Only Fans account and charge a monthly fee? Does Spencer Dinwiddie have good feet? I’m sure there’s a Saudi Prince out there for you. I’d be a millionaire by now if I my toenail didn’t fall off last year and has yet to grow back. Unfortunately, I’m basically the equivalent to an ugly person and am forced to make money the old fashioned way. Whatever happens if we can get him on the Sixers I’m all aboard this. I know we passed over you three times in the 2014 Draft, but I’m sure you would’ve been our 4th pick if you didn’t go right before Jerami Grant.