BTC Manager

When the cryptocurrency project was launched (starting with bitcoin) the initial idea was to have a society free of control by governments and banks, where everyone would have the same opportunities and where the economy would not depend on a few people but on everyone around the world. And the truth is that this idea was well received by a few, but it did not spread as it was intended because cryptocurrencies were often labeled as criminal money or money used only for the underworld.

But if you look at it now, more than 12 years later, you will see that the idea of cryptocurrencies is getting closer and closer to reality. Since we can see big ethicists like Kevin o'leary totally change their position with bitcoin, even now it is very common to promote investment with cryptocurrencies and there are many ways to do it either by directly buying a coin or a portion of it or even a share like a GBTC, which ensures you a better investment stability.

Also, large companies began to accept cryptocurrencies as payment for their services or products as is the case of Tesla, you can buy an electric car with your BTC, also in other areas such as entertainment or sports, you can notice this adoption of cryptocurrencies, as it was recently announced that the Dallas Mavericks will accept DogeCoin as payment for their merchandise and tickets. And the fact that the Dallas Mavericks started accepting cryptocurrencies was the beginning of a huge rush of sports clubs into cryptocurrencies whether token issuance or NFT, mainly looking for the great economic benefits of using them. So seeing the great crypto advantage the Oakland Athletics a MLB baseball team recently announced that they will also be part of those accepting BTC as a form of payment for some of their services.

LookoutLanding

Oakland's news about accepting bitcoin comes in connection with the start of the baseball season, since as usual, they offered the VIP suites for the whole season but with the difference that this time they also disputed the option of paying for the suite with BTC.

According to what club president Dave Kaval said in an interview, accepting BTC as payment for the season-long suite makes total sense, since it costs almost the same and in fact it is a great discount because the season-long suite costs $64,800 and the BTC costs less at this time, so this is a new way of doing business.

In addition to what dave said, I think 2 other important factors behind this adoption, are one, the huge popularity of doing cryptocurrency transactions in the state of california which lately has been skyrocketing crypto in the most prosperous state in the US, and second, due to the restrictions due to the COVID-19 pandemic, baseball games should only be with 20% of the audience to avoid contagions, so selling suites to avoid contagions became a millionaire idea and if you add to the formula a currency that gains value instead of losing it, you will achieve total success.

Of course, here you can clearly see that the main motivation of this incredible adoption is to motivate the economy of the baseball team that due to the quarantine and the cancellation of games has been affected in great average, but as everything around us is moving more and more towards a massive adoption for whatever reason, either by means of the NFT, the defi, the dapps. Sooner than later we will see MLB, NfL, NBA and all sports leagues accepting some cryptocurrency or NFT sales in order to escape the crisis generated by quarantine.

But would you use BTC to pay for a suite or anything else related to sports?

Other publications that may interest you:

Binance under attack! AGAIN..

Terry Crews and his great idea to give you the $POWER

The Peter Schiif case: When even your own son doesn't care about what you say

Beeple's art drives NFT market to the moon

The CUB will be a powerful Lion.

Meitu buys $40 million in BTC and ETH: Why does this purchase have a lot of potential?

Posted Using LeoFinance ^Beta