Nikolaj Rosenthal, CEO of Myrmidon, on ETH, Staking-as-a-Service, Non-Custodial Staking, and the Ethereum ETF | Ep. 325
Nikolaj Rosenthal, former ice hockey star and CEO of non-custodial staking provider Myrmidon, sat down for another exclusive interview with Cryptonews Podcast host Matt Zahab.
He talked about his gradual and intentional switch from a professional sports player to a crypto entrepreneur, accepting Bitcoin as salary seven years ago, establishing a staking-as-a-service, and chains coming to Myrmidon soon.
Rosenthal told us why ETFs are useful but go against the basic crypto ethos, and how Myrmidon ensures true coin ownership.
Lastly, he discussed the pros and cons of the four staking types: which one is the most difficult but most beneficial earning-wise and which one is the least.
In this interview, Rosenthal discussed:
You can watch what Rosenthal told Matt in the video above or read it below.
There’s a pattern in the world of sports, Rosenthal said. Players retire and then feel like they’ve lost their identity. They struggle to live outside the sports world.
Rosenthal didn’t want this happening to him, so he started spreading out career-wise early on.
Being a pro hockey player in the US or Canada pays very well. In Europe, too, a player can “make a pretty good living.” But making money post-retirement is difficult.
Rosenthal returned from the US to Europe, well aware that his career would come to its inevitable end.
Therefore, he went to study and earn his degrees from the Copenhagen Business School.
Also, in 2016, he fell “deep down the rabbit hole” of crypto through Danish Bitcoin entrepreneur Niklas Nikolajsen, who founded Bitcoin Suisse AG in 2013.
This path ultimately led to Rosenthal becoming the first athlete to accept Bitcoin as a salary in 2017.
Many would certainly think this a very strange and/or bad financial decision at
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