Turkish football club pays new signing in Bitcoin

Published January 31, 2018
Photo — Yeniakit
Photo — Yeniakit

A Turkish amateur league football club has transferred a player by paying him with Bitcoin, in what the club chairman said is the first signing of a player in cryptocurrency.

Harunustaspor chairman Haldun Sehit told Turkey's state-run Anadolu Agency late Tuesday that the club paid player Omer Faruk Kiroglu 2,000 Turkish liras worth of Bitcoin (0.0534 Bitcoin) in addition to 2,000 Turkish Lira ($540).

Sehit told Anadolu the club decided to sign Kiroglu with the cryptocurrency to make the team known “in Turkey and the world.” Sehit said: “God willing, Bitcoin will bring us the championship.”

The club competes in the first division of Sakarya's Amateur League.

Bitcoin, the world’s most popular virtual currency, allows people to buy goods and services and exchange money without involving banks, credit card issuers or other third parties.

It has a fuzzy history, having been used by hackers to demand ransom and for the purchase of illegal drugs online. But recently it’s become more popular with a different crowd: speculative investors.

Editorial

Ominous demands
Updated 18 May, 2024

Ominous demands

The federal government needs to boost its revenues to reduce future borrowing and pay back its existing debt.
Property leaks
18 May, 2024

Property leaks

THE leaked Dubai property data reported on by media organisations around the world earlier this week seems to have...
Heat warnings
18 May, 2024

Heat warnings

STARTING next week, the country must brace for brutal heatwaves. The NDMA warns of severe conditions with...
Dangerous law
Updated 17 May, 2024

Dangerous law

It must remember that the same law can be weaponised against it one day, just as Peca was when the PTI took power.
Uncalled for pressure
17 May, 2024

Uncalled for pressure

THE recent press conferences by Senators Faisal Vawda and Talal Chaudhry, where they demanded evidence from judges...
KP tussle
17 May, 2024

KP tussle

THE growing war of words between KP Chief Minister Ali Amin Gandapur and Governor Faisal Karim Kundi is affecting...