The Pomp Podcast - #736 The First Bitcoin Baseball Team w/ Steven Nelkovski & Patrick O'Sullivan
Episode Date: December 1, 2021Steven Nelkovski is the CEO and Patrick O'Sullivan is the Chief Bitcoin Officer of the Perth Heat, an Australian Baseball Team. They have fully converted their entire organization to a Bitcoin Standar...d by holding Bitcoin on their balance sheet. They will be paying players in Bitcoin, accepting payments in Bitcoin at their stadium, and placing Bitcoin logos on the team merchandise. In this conversation, we discuss pitching the idea to the organization, creating a Chief Bitcoin Officer role, paying players in Bitcoin, and the future of their team on the Bitcoin Standard. ======================= Mode, UK Fintech app, allows you to buy, earn and grow Bitcoin, all in one app. Not only is it an easy and safe way to buy and hold Bitcoin, with Mode you can shop and receive up to 10% Bitcoin Cashback for FREE from its growing list of online partner brands. Available on the App Store and Google Play. Download Mode at modeapp.com and enjoy 0% trading fees on all buys and sells until Dec 31, 2021. Only available in the UK. ======================= If you haven’t started building your crypto portfolio on Okcoin, there’s no better time. They’re one of the fastest growing global exchanges around and they have some promotions happening right now to help even more people be part of the future of finance. If you have an account already, you can split $100 in BTC with a friend when you invite them to sign up for Okcoin if they buy $100 of crypto in the first month. The more friends who sign up and buy, the more BTC you get. And I always recommend dollar-cost averaging as a way for investors to have more control over their average price when building their portfolio. Now you can automate dollar-cost averaging with completely fee-free daily, weekly, or monthly recurring buys on Okcoin until November 1. That’s no fees at all on your purchases until the holidays. Get started on the web or on their new super easy-to-use app at okcoin.com/pomp ======================= My friends at Coin Cloud will give you $50 in FREE Bitcoin when you buy $200 or more at any of their 4,000+ machines. Use promo code POMP to get your free Bitcoin. For details or to find your nearest Coin Cloud machine, visit www.Coin.Cloud/Pomp Coin Cloud has been serving customers since 2014 and has established itself as the world's leading digital currency machine (DCM) operator. More than just a Bitcoin ATM, Coin Cloud machines make it easy to buy and sell Bitcoin and 30+ other digital assets with cash. To find your local ATM and get $50 in free Bitcoin, visit www.Coin.Cloud/Pomp =======================
Transcript
Discussion (0)
What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening
to the Pomp Podcast, simply the best podcast out there. Now let's kick this thing off.
Steven Novkoski and Patrick O'Sullivan, one is the CEO and the other is the chief Bitcoin
officer of the Perth Heat. It's an Australian professional baseball team. They have fully
converted their entire organization over to a Bitcoin standard, holding Bitcoin on their
balance sheet. They're going to be paying players in Bitcoin, accepting Bitcoin from fans and
attendees to their stadium. And they are also putting Bitcoin on their jerseys. Fascinating
conversation with two men who are trying to lead professional sports down the rabbit hole of
Bitcoin. I hope you enjoy it. I definitely did. Before we get into this episode, I want to quickly
talk about our sponsors. First up is Moat. Listen up. If you're a UK Bitcoin investor, this is for
you. It's a brand new sponsor, so I want you guys to pay attention. This episode is brought to you
by UK fintech app Mode. Mode is an app that allows you to buy, earn, and grow Bitcoin effortlessly.
Not only is it an easy and safe way to buy and hold Bitcoin, Mode also allows you to pay and
receive up to 10% Bitcoin cashback for free from its growing list of online partner brands. That's
right. They've got cashback for free from a growing list of online partner brands. For a limited period
of time, Mode is offering 0% trading fees on all Bitcoin buys and sells. That's right. You can buy
and sell Bitcoin and pay no trading fees. The offer ends at the end of the year, December 31st,
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listed on the LSE. They chose to hold Bitcoin on their balance sheet. They're piloting a Bitcoin
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code POMP to get that free $50 worth of Bitcoin when you purchase $200 or more at the machine.
Last but not least is OKCoin. If you haven't started building your crypto portfolio on OKCoin,
there's no better time. They're one of the fastest growing global exchanges around,
and they have some promotions happening right now to help even more people be part of the
future of finance. If you have an amount already, excuse me, an account, account, account, not an
amount. If you have an account already, you can split $100 in Bitcoin with a friend when you
invite them to sign up for OKCoin if they buy $100 of crypto in the first month. The more friends
who sign up and buy, the more Bitcoin you get. And I always recommend dollar cost averaging as
a way for investors to have more control over their average price when building their portfolio.
Dollar cost averaging superpower. Now you can automate dollar cost averaging with completely
fee free daily, weekly or monthly recurring buys on OKCoin. That's no fees at all on purchases
until the holidays. Get started on the web or on their new super easy to use app, okcoin.com
slash pomp. okcoin.com slash pomp. Go check it out. Anthony Pompliano runs Pomp Investments. All
views of him and the guests on his podcast are solely their opinions and do not reflect the
opinions of Pomp Investments. You should not treat any opinion expressed by Pomp or his guests as a
specific inducement to make a particular investment or follow a particular strategy, but only as an
expression of his personal opinion this podcast is for informational purposes only first let's
start with uh australia baseball how big is the league how many teams are there just walk us
through the uh the kind of league structure and the teams yeah cool well there's eight teams in
the league and it's an international competition so we've got a side also from new zealand and
also from korea uh perth eight are the largest organization uh in the australian baseball league
We've won 15 Claxton Shields, and we've had 11 players from the Perth Heat
who have gone on to play Major League Baseball.
There's one currently going around by the name of Liam Hendricks,
who's with the Chicago White Sox, and he's just won Reliever of the Year
for the last two seasons, which is the first time that's happened
in Major League Baseball history.
We also had Graeme Lloyd, who won two championships or two World Series
with the New York Yankees in 96 and also 1998.
So baseball is big here in Australia.
We're ranked number six in the world with Team Australia.
And yeah, the Perth Heat are pretty proud to be the first team in world sport now who are operating on a Bitcoin standard.
All right. So you guys are basically the New York Yankees of Australia baseball.
Is that a fair way to think about it?
Essentially.
It depends who you want to upset, but yeah, we'll take that.
Yeah. Well, I said it. You didn't say it. So if they get mad, they got to get mad at me.
You're the only team I talk to and the Yankees are the best. So you must be the best. Perfect.
all right so patrick the uh the the thing that i got told you're the chief bitcoin officer and
when i said to my brothers they said hey we need one of those what the hell is a chief bitcoin
officer exactly and you probably do need one of those only organization that doesn't need one
right you guys you guys you guys have already got it you guys have an orange pill uh really
the chief bitcoin officer is someone you know we've seen so beautifully what michael saylor did
with micro strategy what he was able to do with the company and what he was able to do with the
resources with that company. When he decided to go into the space, he had all these options of
lawyers and accountants and the whole thing that comes along with a company of that size.
The reality is there's a large number of small companies that have identified the space as
something that they'd like to be involved in. They recognize maybe some of the people involved
in the leadership team recognize some of the benefits that might come from operating in the
Bitcoin world, but they just don't know how to navigate it. It's an ever-changing landscape,
both from the infrastructure side of things to just keeping up with what Bitcoin is and the way
that it's being explained and the way that people are learning about it. And basically, the job that
we have sort of invented here with the CBO is I take care of the educational side of things. Like
when we decided to make the move, you know, Steve and I had early discussions in sort of 2019,
early 2020, about this being a possibility. And from there, it was about educating the board,
educating the leadership team at the Perth Heat, and then making sure that when we actually decided,
yeah, this was a reality, we could actually make this work with what had been done inside the
Bitcoin community and the infrastructure that had been built up behind it. We could actually do it.
Then it was about coming on and consulting with the partners in the space to make sure that we
were putting ourselves in the best possible position to leverage the most out of not only
Bitcoin and the number go up technology, but also the network side of things and how that was going
to make the organization more efficient. So really it's about education. And it's also about, can you
orange bill somebody? If you can orange bill somebody and you're halfway decent at it,
you're probably in line to be a CBO. Okay. So I want to talk about specifically what you guys
have done i talk all the time about michael saylor's taking his balance sheets plugging it
into the bitcoin network the country of el salvador is taking their entire country they're plugging it
into the bitcoin network in a multitude of ways what i apparently is happening here is you guys
are taking a professional baseball team and you're plugging it into the bitcoin network which when
people first hear that they're like that sounds insane like who are these guys are they just like
religious zealots right and they've got no clue what they're doing and they're like speculating
or do they actually have a plan behind it? So Stephen, maybe talk a little bit about
from a tactical standpoint, what exactly are you guys doing along the lines of plugging the
baseball team into the Bitcoin network? Yeah, we think the sports revolution has begun.
And unlike other sports deals that we've seen in the crypto space, this is not a piecemeal
announcement. Perth Heat are all in, and this is from the top down. So we'll now hodl Bitcoin on
our balance sheet. We have Bitcoin payments for merchandise, tickets and memberships.
Our payments to players and staff are now in Bitcoin. From this weekend, inside the ballpark,
you'll be able to come in and buy a hot dog with Bitcoin. We could have easily gone for the cash
and grab, sell fan tokens, EFTs and made a stack of cash pretty quickly, but we'll just become
another shitcoin. This is where we are different. We are the Bitcoin baseball team and we're not
should coin sports soon. That was great. All right. And so when you think about this,
what has been the hardest part for you guys? Is it convincing leadership to do it? Is it
actually technically implementing the solutions needed to be able to process and kind of support
this idea? Or is it something to do with the players and getting their heads wrapped around it?
Probably some of the issues we faced and the trepidation we had was why is nobody else doing
this? Why are we going to become the first team? And once we were able to overcome those hurdles,
I guess the next question Patrick and I faced was how are we now going to fund the team? Because
by taking this position of the Bitcoin baseball team, how is mainstream media going to frame us?
And was this going to upset members, fans, and even some of our commercial partners?
So when we thought about what Jack did with Strike and the Indy 500, that was quite phenomenal.
But Patrick and I had to ask ourselves a question continually, is the Bitcoin community ready
to support or fund a baseball team?
Now, Patrick and I feel by partnering with like-minded companies moving forward, that
is the best approach.
The greatest part that we've got with Apertheid is that we are actually controlling the levers
and the network will guide us.
So in terms of an organization, we're pretty small. We're less than 100 employees. Our operating costs would be like 50 Bitcoin. So now we would like to partner with the like-minded companies, for example, Bitcoin exchanges, Bitcoin miners, hardware, software companies who support the same values as we have and who would like to pay partnerships in Bitcoin only. Why? Because that's how the community and the network wins.
you know say we huddle 50 bitcoin this season next season we only need 30 bitcoin and then
the year after in 2024 we only need 10 bitcoin again why because the perpetuity of those
sponsorships will support perth heat forever and again perth eight will win but more importantly
the bitcoin community will win and this will be the future of sport yeah patrick when you think
about what you guys are doing uh what's so fascinating to me is micro strategy kind of
broached the topic of public companies putting bitcoin in the balance sheet we saw a couple of
companies not a ton but a couple more tesla square a bunch of kind of bitcoin miners etc put bitcoin
in the balance sheet hold it there and be proud of it talk about it as a strategy el salvador
obviously uh being kind of the first country really put a flag in the ground say we're going
to plug our country in we anticipate there will be others that follow uh here shortly throughout
Central and South America. Is this idea that you guys are the first to do this and there'll be more
teams that will follow? Have you gotten other phone calls from people saying, hey, look, we
want to do this. How'd you do it? What's been the reaction? Absolutely. That has probably been the
biggest thing that Steve and I were not anticipating getting into this is, yeah, it's a big deal for
the Perth Heat, but for the Bitcoin network, again, we're just plugging in. We're not coding
any of this stuff. As you say, Steve, once he made the decision to say, okay, this is what we're
going to do. We're going to go down this line of action. He hired everyone that works for the
Bitcoin network to improve the Perth heat, right? They're out there making these things happen
yourself, Michael Saylor, all of these individuals that are doing it. And in that process of figuring
out, okay, well, how is this actually going to work from an operational standpoint? You get into
contact with different partners in the space and you start to hear whispers. And we have,
since the announcement, we have been inundated basically with the playbook. Like, okay,
Michael Saylor had the playbook on, this is how you do it at the corporate level. But like I say,
at the small business level, at the organization's under a hundred employees, like what does this
actually look like. And we've just been completely surprised about how many people are interested in
doing this. How many people where this is sort of, even in the people that we've spoken to in
person, like the sponsors that were already with the team, it's almost like you see the relief on
their face when you say, this is what we're doing. This is why we're doing it. This is why it's going
to make us more efficient and better today. You know, not sometime in the future. This works
right now. And you see that relief on their face and you see that interest in that intrigue of
like, I didn't even know this was possible, let alone going all in on this thing. You know,
People hear certain things and the media frames Bitcoin still in a certain light.
But it has been amazing to see just the tsunami of activity behind the scenes of people reaching out and going, OK, who did you partner with?
How did you do it? Because, like, you know, the infrastructure is changing all the time where we could have gone our own.
And we talked about this during, you know, the lead up to the announcement is like, what was what were we going to do from an operational standpoint?
Were we going to try and be a completely self-sovereign company where we did all of the back end, all of that kind of stuff?
or where we're going to try and partner up with someone like an open note or someone like that
to be able to immediately jump on this, right? And get the benefits of being first and trying
to lead the way. And ultimately we decided to, that would probably be the best course of action
is to jump in, you know, start by walking and then run as soon as we can. And you can do that
from the front. We've seen lots and lots of just education on our own part since we started to see
how far this has come and to see what works and what doesn't work and see the little trips. And
already we are leaps and bounds ahead of anyone who's trying to come behind us uh but we but we
have been encouraged by the amount of responses of people that are interested in doing it that
have thought about doing it um and you know people look to sports just like you know we've seen
announcement from players like aaron rogers saquon barkley russell those guys uh people look to
sports for inspiration they're used to looking up to athletes they're used to looking to see what
they're doing and taking inspiration from them um and uh you know hopefully we've been able to
provide that at the perth heat and i know from a fact you're just looking at my sort of twitter
dms that people are interested in it and uh and they want to reach out they want to know more
not only is this cool but do you hear what patrick just said to me he said i work for them now
he said yeah you work for us now thank you what questions you guys got for the meeting
yeah what questions you guys got yeah i i don't know uh which one of you is better suited to
answer this so i'll leave it up to you but i just want i'm curious what the reaction of the players
was? Were they excited about this? Were they confused? Did it take some explaining or
convincing? That'd been really cool. This is basically a test of my, of my job, right? This
is the test question of how good I've done my job up until this point. So thank you for the,
for the on-air interview. There's a layup then.
They've been incredibly supportive, like, yeah, yeah. Yeah. From top down. So when you,
when you get owners that, that effectively, you know, run the, run the team, you know,
buying so quickly, there's a great level of trust there between the organization.
We've got an incredibly sound clubhouse where, you know,
the leaders of the team, you know,
educate the younger players coming through.
And, you know, they've been nothing but supportive.
You know, our athletes are intelligent players.
They understand what's going on in world sport.
They see all the announcements with what's happening.
And, you know, already we've had one player that's come to us
and said, I want in.
Can I have five years of salary upfront paid in Bitcoin?
So that immediately tells me the way we've educated
and the job Patrick has done has been first class
in getting him to this point.
You know, we can't thank our players enough
for buying in so quickly.
Wait, wait, a player wants five years of salary
paid upfront today in Bitcoin only?
Yep.
And did you guys do that or no?
We're discussing it with the owners.
It's an intriguing sort of proposal
that he's brought to us.
And obviously there's so many conditions
that we need to consider in terms of playing out
those years, injuries, et cetera, et cetera.
How does all that look?
But we love the fact that his mindset now is one of the thinking in Bitcoin in the long term.
That's exactly what we'd like to do.
You guys would get a discount in what you pay him?
Like he'd take some kind of haircut on the amount today to get it up front?
And that's exactly what he's thinking.
He's thinking, well, if I accept a discount in five years' time, I'm going to be much further in front.
Yeah.
Are you guys pricing the contracts in Bitcoin or are they still in dollars or the Australian currency?
Yeah, they're still in AUD.
at the moment because we've got that agreement in place. So we need to honor those contracts.
But moving forward, will that change? We think it will. So you're going to literally price the
player contracts in Bitcoin, which, again, if the players want to get paid up front,
let's use an easy example, right? If I get paid, I don't know, let's, I'm going to say that you
guys pay your players really well. So let's say you pay them 10 Bitcoin a year.
We are the Yankees, aren't we, as you said?
Yeah, Yankees, of course.
Hey, you got to have the biggest checkbook.
Let's go.
Come on.
If you're a player for the Perth Heat,
just send me a little bit of my management fee
for getting better salaries here.
No, so if you pay them 10 Bitcoin per year
and you write that into the contract,
if Bitcoin ends up being, you know,
where I think most of us here think it's going to go
in terms of much higher from a US dollar
or AUD exchange rate,
you actually come out on the other end of this.
Whereas if the players say up front,
hey, give it to me for a discount today up front,
then they come out in front and you pay them less
because it's in today's dollar's terms.
So how do you guys think about the balance
between if you start to price the contracts in Bitcoin,
like the team could actually come out
on the short end of that stick
rather than kind of the better end?
Yeah, absolutely.
I mean, this is the ongoing thing, right?
At the moment, you know,
everybody probably listening to this show knows
it's not the best unit of account at the moment
just because of the volatility that we've seen,
the volatility being up and to the right.
So at the moment, yeah,
it doesn't make sense to use that as a unit account, but in the future, you know, it's just
a matter of blocks before this thing takes over. Right. And as I said to Steve early on in our
talks about what, how this was going to look, this isn't a negotiation anymore, right? Uh,
this is taking over. Uh, it's just a matter of blocks. Uh, that time will come, um, how long
it's going to be, you know, it could be, uh, 10, 20 years off into the future, but that is the
future. And we're, we're able to see it now on the front line because we've done this. Like we're
having those conversations that weren't happening before, um, that aren't happening at other
organizations. Um, and hopefully that will allow us to be nimble on our feet and to be quick and
to recognize, okay, where are the strengths, where are the weaknesses, where are the efficiencies
that we can capitalize on to be a better organization? So like you say, at the moment,
it doesn't make a whole lot of sense to price those things on either side of the conversation,
but you know, it's good that you see people asking for it. It's good that you see people
interested in it. It means I've done my job that, that the players are starting to recognize that
they, it actually improves their performance, right? This changes sports. We've talked about
on a bunch of other media. It's like, this changes sports for the better. This is not
just an announcement about the baseball team, right? Like Steve said, we could have done
something NFT related, fan token. We could have just done a cash grab for ourselves. This is
really changing sports. And that's what excites me about it, right? Not so much the baseball stuff,
but it's the excitement of changing sports forever by adopting a Bitcoin standard. We hope
a lot of teams follow up in our footsteps and we know that that's the case, right? It's going to
happen eventually. We've, you know, the game has sort of been settled. Now it's just a matter of
time before Bitcoin takes over. John, what are the questions you got? Yeah. Well, first of all,
congratulations on doing this. It's a big step. Obviously the first pro team to do something like
this. So now that you guys are the first person, how are you looking at the balance sheet of your
team? Is it all in Bitcoin? What is the allocation that you guys have used? Yeah, well, of course,
there are going to be fiat bills. There still are providers to the team that operate in fiat. They're
going to want to get paid. But it's basically from the financial side of the things, it's
stuff as much of the excess capital that we can into Bitcoin, ride that up from an organizational
point of view to take advantage of it. Like Steve said, the way that it's going to change sports is
that we now have this number go up technology that to be able to fund the team in perpetuity,
depending on the amount of Bitcoin that we huddle on the balance sheet, like that changes the way
that the entire organization acts from the top down. That also affects, you know, Bitcoin trickles
into the players lives, they understand very well, you know, professional athletes are probably the
easiest people to orange pill, right? They understand low time preference, they understand
that if they want to become better, they themselves have to put the energy in, no one else can do it
for them. They understand that's how Bitcoin works. They understand sacrifice and delaying
gratification and holding those things out. So it's just a matter of time to get it through the
system. And on that balance sheet side of things, it's huddle as much as you can. It's sell as much
stuff as you can in Bitcoin to people that want to support the network. There's not a whole big
incentive to go out there and buy things in Bitcoin, but we've seen an amazing response from
around the world of people that did want to support the team and did realize, okay, this is
good because we can now, like I said before, sports operates as an example to those around
us. That's why professional sports has utility in the first place. That's the value that it
brings to the community is it shows you all the things that Bitcoin can bring to your life and
make it better, right? All those things that we know and talk about all the time. That's exactly
what sports are supposed to reinforce in the community. That's why they exist in the first
place. That's why you go to the game is to see those things. And it acts as a teaching and
inspirational moment. And having Bitcoin on the balance sheet, operating with the Bitcoin standard,
paying players in Bitcoin. It is going from that world where everything is marginally degrading to
a world where everything is marginally increasing. And that one switch can change. We've seen it
around the organization, just the smiles on people's faces, the level of interest, the level
of intrigue from the top down, the organization has completely pivoted with this announcement.
And it's been a really exciting time and we're looking forward to the future.
Great. What questions do you have?
Yeah. First and foremost, pretty kudos to you guys for taking the leap of faith and getting
into involved into doing something like this and obviously making a name for yourselves. And you're
obviously very articulate about the space. So great educators about it. Uh, but my, my question
for you though, is when I, when I talk with institutions and organizations and leagues here
in the United States about utilizing Bitcoin and NFTs into it, I'm not trying to shill a shit coin
here or Ethereum or Solana or anything like that. So please don't get me wrong here. But one of the,
one of the things I really see with NFTs, uh, for organizations and brands and leagues, like what
you're doing there with the heat is what NFTs could do for e-ticketing and ticketing and then
community building. So just really curious, have you looked at that at all in order to utilize that
kind of tech for your sports league and for your brand? Not so much at the moment. You know, this
is a sort of walk before you run scenario. It's like, what can we do right now to get the most
leverage out of the Bitcoin network? Again, like from just the plugging in. Well, we immediately
get so many wins from an organizational point of view. We get so many wins from a team point of
you of like making the players happier, healthier, wealthier, all by adopting the standard that that
has become sort of first order of this is what we need to take care of these things we need to look
after. And these are the that's the easy win, right? The plugin, receive all the benefits.
You know, pretty much if we didn't announce it, we could have just done it. And it's as easy as
signing up for an email, basically, that's all we had to do as an organization, which is one of the
things we thought in the lead up to that, well, this is going to be the really hard part, like
this is going to be the difficult part is how do we integrate with all the systems accounts,
the payroll this is going to be complicated and uh lo and behold that was the easiest part like
the hardest part was coming up with a decision of uh doing the due diligence on the back end of like
again like steve said how is this why hasn't anyone else done this this seems like the perfect
play if it makes sense for the individual it makes sense for the organization why why are we the ones
coming up with this and lo and behold well it just takes somebody to be the first one um and like
with micro strategy you're going to see that in 12 months time uh you should see the success pay
off and you'll see a host of other teams follow behind and uh again it's not so much that uh the
nft for the ticket thing um is completely out the window but at the moment it's focusing on
how can we get the most bang for the amount of energy we're putting in and what's the what's
the return look like on that and at the moment it's bitcoin the the piece to me also uh that
we didn't talk about is like what has been the response from fans or people who are already uh
attendees of games etc like if you're saying hey we're gonna accept bitcoin um i'm assuming that
in the beginning you're not going to say only bitcoin you're going to say that you'll kind of
accept multiple currencies and then maybe over time you'll go to only bitcoin or maybe you won't
but what has been the fan response and kind of how do you guys look at attendees and how this
may impact either positively or negatively their experience inside of the stadium across the whole
organization it's been positive so we'll get a great test of how it will work inside the ballpark
this Saturday night. So we're hosting a movie night at the ballpark and that'll be the first
time that concession stands will be able to accept Bitcoin. So we appreciate that it's a gradual
rollout over a period of time. And our fans have been really intelligent and understanding that as
well. So we certainly have had inquiries and questions and emails and people come to the
ballpark asking, can they still purchase in fiat? How will that work? What will it look like?
when you explain to them the process and how simple it is and that initially it will be an
option, you can see that they're comfortable with it. But overall, as Patrick said, it's been the
look of relief on everyone's face that's probably surprised us the most when we've taken this
position. It's almost like everyone has been circling around Bitcoin, investigating it,
researching it, thinking, do we get involved? And I know you had Nat Brunel a couple of days ago
on the show and she said that she's finding now people wanting to purchase $100, $200.
It's like we're almost targeting that market in terms of the fan space that there's been
so many people investigating Bitcoin and should they take that step?
But now that the sports organization, the Perth Heat, have taken the approach of operating
on a Bitcoin standard, it's that relief of, yes, what we've been reading makes sense.
We would now like to dip our toe in the water.
We're so thankful that Perth Heat as an organization has taken that first step in showing the way
forward.
So, so far, so good.
I'm really excited about what's going to happen in the ballpark this Saturday night.
and then moving into our games in the early part of 2022.
All right, before I let you guys go, I got a pitch for you.
My brother John throws a nasty slider.
What are the odds that we get him on the mound for a game?
Well, we know he's the most athletic pomp brother
or so he claims to be.
Look, this is the great thing about what we can do now.
Probably we're so different to the NBA or the NFL.
We don't really have any rules.
And we're like the wild, wild west over here.
So if Mayor Suarez wants to bring the team over to Miami,
how about we get the Pomp brothers out there to throw the ceremonial first pitch,
and then we'll actually test who has the best arm out of the three of you.
No, no, no.
See, what would happen is we would have John go on the mound for the opposing team.
I'd step up to the plate, and I'd hit a bomb off of him,
and we'd get it on camera so that I could play that on repeat forever.
John might hit me with a knuckleball.
And you can just see that, can't you?
pomp to pomp. He hits, he scores. And as you're running the bases, this is the great thing about
what we're doing now. The Twitter world and the Bitcoin world will be able to tip you pomp. So
as you're getting the first pace, ding, ding, ding, ding, ding, ding, ding, ding, second base,
ding, ding, more, more, more, more, more. By the time you get to home plate, who knows what's in
your Twitter account through the tipping system. This is the future of sport.
I love it. We've got so many things that we can do, which is cool.
I love it. Where can we send people to find out more about this or maybe even more importantly,
how can people help you guys? What do you guys need help with that folks who are watching this
can kind of pitch in? Certainly, look, the biggest help is in terms of partnerships. So
we'd love to speak to more Bitcoin-minded companies and moving forward with those in
accepting payments in Bitcoin. Obviously, the fan can purchase our merchandise, bitcoinperfeet.com.
And then we've got tipping as well. So as you can see now on screen, we've got the black jersey,
We've got the white jersey. We've got different caps across the range. And already, the response
we've had worldwide has been quite overwhelming. So any support across all the platforms would be
great. We've got a couple of jerseys coming your way. So we look forward to seeing the three of
you wearing them on the best business show and promoting the Perth Heat and this becoming
your baseball team in Australia. I love it. I'm dropping the link to the
merchandise store in the chat,
BitcoinPerthHeat.com.
I'm shocked nobody had that URL already.
So you guys had a little advantage there.
I'm going to be wearing my jersey for sure.
When does the season start?
We'll start playing games in late January, early February.
So really looking forward to the start of our best games.
Is it cold there then?
No, it's perfect.
It's summer.
It's going to be 35 degrees.
It's always summer in Miami,
so I got to ask other people about the seasons,
but maybe we'll go to a game.
I'm looking for a reason to visit.
to go to australia yeah one of our brothers went to australia one time and he came back with uh
what's the aborigine like uh the tube that they blow in for the didgeridoo yeah didgeridoo
he was like 15 he came back with that thing and he wouldn't stop blowing it and right
it was like not nutella but it was like uh what's the food it's a vegemite
We thought we were going to lose him
to Down Under for a little bit there.
Make your way to Perth
and you're on the mound.
We'll find an Aussie wife down there.
We'll have the Pomp brothers on the mound.
So ceremonial first pitch,
all three of you lined up at the same time.
Let's do it.
Bring the speed gun out for me.
I don't know why you guys try to be pitchers I'm trying to just be the uh designated hitter
they got the best job on the whole squad you only play once every few days you get paid a lot of
money your arm hurts though your arm hurts you got all the pressure if you're the designated
hitter you just go out and swing you can strike out seven out of ten times as long as you hit
three home runs you're in the hall of fame you enjoy playing every day man I'm gonna I'm gonna
go every four to five all right guys listen thank you guys so much for uh for coming on where what
uh what are your guys twitter accounts so we can send people to uh to follow you guys okay so in
terms of twitter it's uh at perth eight uh yeah for the uh the club of camp my personal one is
at steve nolkowski and uh and patrick has i think it's at uh is it pleb 21 patrick and cbo underscore
21 right just created just for the questions about cbo cbo yeah cbo underscore 21 new title
in there i like it listen the uh i still uh i still can't get over the chief bitcoin officer
if that becomes a thing patrick you get the uh don't worry about that he said that's definitely
a thing all right fellows listen thank you guys so much this is super cool so i appreciate you
guys taking the time to uh to come on here and uh and hopefully more people will uh will follow
your lead but uh we'll definitely have to bring you back to uh to get an update how it goes once
you guys get into the season awesome thanks for having us bye guys
