Serena Williams has just revealed that she has been investing in the cryptocurrency world for years. The best women tennis player in history is just another sports person who puts money and efforts into digital assets. So, it has to be the most appropriate time to talk about the marriage of sport and cryptocurrency.
“I love the winning, I can take the losing, but most of all I Love to play.” That is a quote from Boris Becker, one of the greatest male tennis players in history. Those few words contain the whole idea of sport.
However, how does it relate to cryptocurrencies? In my opinion, it is quite the same. I have been covering cryptocurrencies for a long time, but I am a sports buff much, much longer. And I can see many similarities in the approach to the matter.
People, who are the most successful in sport, are those who are willing to take risks and make sacrifices. Similar people run the cryptocurrency industry. If Changpeng Zhao hadn’t sold his house and invested all of his money into Binance, we probably wouldn’t even ever hear about Binance.
Also, the greatest athletes and crypto visionaries are uniquely talented. As the old urban legend says, Lionel Messi was born dribbling. Vitalik Buterin was placed into a class of gifted kids because of his math, programming and economics skills.
What also connects those two industries is the fact that sport and cryptocurrencies usually are ahead of their times. Formula One is the pioneer if it comes to developments in the automobile field. Blockchain technology is revolutionary and it seems to be one of the most important inventions in the XXI century.
Can you see similarities already?
Driven by the people
There is one important thing why I love sport. People. That’s it. Real people with flaws, often with a harsh story and a difficult path to the top. Tiger Woods wins a Masters after 11 years of public shame, therapies for sexaholics, divorces and being the most hated person in the country? Great story! Michael Jordan comes back to the NBA after playing baseball and wins another 3 titles? Fantastic! Leicester City wins the Premier League title despite all odds? What a story!
The same feature drives me to the cryptocurrency industry. Bitcoin goes from 10,000 BTC for pizza, to $20,000 for 1 BTC? Wow, what a run. Mysterious Satoshi Nakamoto, who to this day remains unknown? Fun, fun, fun. John McAfee eating his balls (it should happen at the beginning of 2021)? What a great news to cover! FuturoCoin, a young coin invented in Poland, becomes the very first cryptocurrency to sponsor Formula One team? Yep, give me more.
Seemingly, cryptocurrencies can’t be further from sports. One is associated with programmists, computer geeks, etc. The other is combined with the highest effort, most athletic people, etc. Nevertheless, appearances can be deceptive, and you shouldn’t judge a book by its cover. Those two industries have many in common.
Serena Williams is another person who sees a lot of potential in digital assets. It looks like we will see much more of that. Perhaps, not every venture will be a successful one, but as the great Billie Jean King said, “a champion is afraid of losing. Everyone else is afraid of winning.”