The title is misleading. Stephan Bonnar is not “working” at a strip club. He owns it.
He heavily invested in crypto-currency years ago on the ground floor and did very, very well. He subsequently opened Legends, which accepts crypto currency and allows investors to buy in using crypto currency. It is a very interesting business model that’s he’s been working on and talking about for years.
I think to suggest he is living the life of a punch-drink loser, who is in the gutter, on the tail end of career mismanagement, is incorrect.
Let’s see how he makes out before we judge.
How unoriginal are you? Spewing the same shit Colby does word for word is lame as fuck bud.
Didn’t watch the video, but IMO naming a strip club legends... makes me think the women are older and washed up.
Prolly not the case, but sounds like the senior tour in the PGA or some shit like that.
Forrest works full time for the UFC. He's in charge of there charitable efforts, and heavily involved in the performance institute.From what I understand Forrest actually goes to the office and does stuff, I have no idea what, but he shows up, which is why he kept his job unlike Matt & Chuck.
The title is misleading. Stephan Bonnar is not “working” at a strip club. He owns it.
He heavily invested in crypto-currency years ago on the ground floor and did very, very well. He subsequently opened Legends, which accepts crypto currency and allows investors to buy in using crypto currency. It is a very interesting business model that’s he’s been working on and talking about for years.
I think to suggest he is living the life of a punch-drink loser, who is in the gutter, on the tail end of career mismanagement, is incorrect.
Let’s see how he makes out before we judge.
Forrest works full time for the UFC. He's in charge of there charitable efforts, and heavily involved in the performance institute.
Crypto is not a liquid asset. It is used as a store of value. Very few people are using bitcoin as it was intended. As a currency. They are treating more like a collectible that will go up in value due to scarcity. If people use bitcoin for what it was designed to do, it would collapse. DO you know how many transactions bitcoin can do a second compared to Visa? lol. It is so fuckin inefficient. Every major company that tried it has dropped it. It is far too volatile and the fees to high.
The networks that Visa and Mastercard use process, in aggregate, “more than 5,000 transactions per second with capacity to process volumes multiple times that number. Bitcoin in contrast takes 10 minutes to clear and settle a single transaction vs. Ethereum that takes 15 seconds.”
And here comes the good part. It can transfer so few transactions, how do you get your transaction completed? It goes to the highest bidder. Imagine you are trying to buy gas with your card. You are in a long line. And whoever pays the most will get their transaction first. Crypto at a strip club is the dumbest fuckin idea I ever heard of. It is the worst possible business to use it in. Cash is the most liquid thing and that is what is used at strip clubs. Or visa cards that can quickly be turned to cash and have liquidity and not stone age processing speeds.
Crypto is not a liquid asset. It is used as a store of value. Very few people are using bitcoin as it was intended. As a currency. They are treating more like a collectible that will go up in value due to scarcity. If people use bitcoin for what it was designed to do, it would collapse. DO you know how many transactions bitcoin can do a second compared to Visa? lol. It is so fuckin inefficient. Every major company that tried it has dropped it. It is far too volatile and the fees to high.
The networks that Visa and Mastercard use process, in aggregate, “more than 5,000 transactions per second with capacity to process volumes multiple times that number. Bitcoin in contrast takes 10 minutes to clear and settle a single transaction vs. Ethereum that takes 15 seconds.”
And here comes the good part. It can transfer so few transactions, how do you get your transaction completed? It goes to the highest bidder. Imagine you are trying to buy gas with your card. You are in a long line. And whoever pays the most will get their transaction first. Crypto at a strip club is the dumbest fuckin idea I ever heard of. It is the worst possible business to use it in. Cash is the most liquid thing and that is what is used at strip clubs. Or visa cards that can quickly be turned to cash and have liquidity and not stone age processing speeds.
Not to mention Bitcoin has lost 75% of its value in the last year. This why companies like Steam dropped it. A game costs $50. You pay 50 in bitcoin but by the time the transaction is processed bitcoin is worth less than when you ordered so it has to be redone. With fees all the way down. Imagine buying something at the store. You pick it up off the shelf and by the time you get to the register the price has gone up. Because bitcoin went down.
Ashton Kutcher was on ELlen like a month ago and gave her Ripple. That has lost so much value since then. lol.
Crypto is also a common business practice to prop up failing companies. Like a long island iced tea company. A company that makes fuckin drinks. Turned their name to Long Island BLockchain and stock soared. Then crashed. Then shut down by the SEC. Happened with many companies. Shit companies add blockchain to their name in a last desperate attempt. IT never fuckin works though. Even Kodak tried it to return to relevancy and fell on their face. That was a con too.
Forrest is a complete dick believe me.Seems to me Forrest has always been a hard worker.
Remember seeing some "all access" (?) of his work outs, it was insane.
I think thats just who he is as a person, a hard worker, that has to work for what he got.
Its hard not to like him.
Damn Stephan looking rough got that boozer face going on...
Always liked breeders.
Had a crush on the twins.
Better than playing basketball.Pretty Soon...
I am similarly fascinated. Seriously. As I posted above, one of my best friends and colleagues has been dabbling in crypto and it worked out for him. I have a few other acquaintances through my work that are more heavily involved. These guys are all millionaires, so I expect they know what they’re doing.
Bonnar has been talking about this for at least 3 years (his intended business model).
I think Legends opened in the Fall of last year. Bonnar has since repeatedly stated that the business has done very well due to no competition for his model.
He stated that because memberships must be purchased with crypto, and that crypto can be used at the club, his primary clientele is rich nerds, who cause no trouble at all and can afford all the bells and whistles. So he sprinkles that with staff pornstars and comped celebrities so his primary clientele can feel like ballers.
Very interesting if you ask me. I don’t understand all the heat he’s getting in this thread.
Edit: I neglected to mention that The Best Eva! (Phil Baroni) is a member. Doesn’t that automatically make it legit af!