Q&A: Why NASCAR driver Landon Cassill accepts his salary in cryptocurrency

Q&A: Why NASCAR driver Landon Cassill accepts his salary in cryptocurrency

Last week, Landon Cassill announced a new sponsorship from Voyager, a cryptocurrency brokerage platform. As part of the 19-race deal for his JD Motorsports car in the NASCAR Xfinity Series, Cassill will be paid entirely in crypto instead of U.S. dollars — becoming the first race car driver to do so.

But why would Cassill, a 31-year-old with three young children at home, agree to such a thing? The Athletic spoke to Cassill about his unique sponsorship, his thoughts on the current state of the crypto market and what the future may hold. (This interview has been edited and condensed for clarity.)

You announced this deal during a week where Bitcoin is exactly half the value of what it was at its peak a couple months ago. Why would someone want to be paid in something so volatile?

I have been in this space for several years and I’ve lived the highs and lows of it.

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