Will this be the opportunity crypto was always looking for?

[riskthebiscuit]

I recently came across an article that talks about how the NBA will begin accepting micropayments for 4th quarters of games. This is phenomenal because it gives the incoming generation exactly what they want. The ability to buy something cheap, on their phones, quick, and everything else the incoming generation loves (me too). My question here is will cryptocurrencies follow shortly there after with micropayments, or will we have to wait say 5 more years for that?

https://www.theverge.com/2018/3/24/17159858/nba-4th-quarter-game-stream-99-cents

p.s. I wasn't sure if was best to post here, politics and society, or other. mods please redirect to the correct spot, sorry for inconveniences

[1714176622]

1714176622

[1714176622]

1714176622

[1714176622]

1714176622

[harizen]

I recently came across an article that talks about how the NBA will begin accepting micropayments for 4th quarters of games. This is phenomenal because it gives the incoming generation exactly what they want. The ability to buy something cheap, on their phones, quick, and everything else the incoming generation loves (me too). My question here is will cryptocurrencies follow shortly there after with micropayments, or will we have to wait say 5 more years for that?

https://www.theverge.com/2018/3/24/17159858/nba-4th-quarter-game-stream-99-cents

p.s. I wasn't sure if was best to post here, politics and society, or other. mods please redirect to the correct spot, sorry for inconveniences

If the demand and requests are massive, I think they will consider that. And honestly, there are NBA crypto related news already in the past like Mark Cuban will allow crypto payments in the American Airlines Center, the home of Dallas Mavericks so I think that is possible.

But we must take note that doing micro payments is not a best way to deal in bitcoin now. If that 4th quarter livestream will cost 99 cents, we will pay higher of the amount if we purchased it on bitcoin because of transaction fees. I don't think the association will ever consider using other cryptos aside from bitcoin to save fees but maybe who knows.

[Masongrae]

Yes it is the opportunity that should not be waste or missed, for it is a chance to change you life, for you to have a better living, crypto is a big help for everyone.

[Hydrogen]

My question here is will cryptocurrencies follow shortly there after with micropayments, or will we have to wait say 5 more years for that?

I think micropayments may not be necessary for this type of business model. For crypto implementations a better way to do it might be to allow people to purchase "credits" in advance which can be exchanged for watching a certain number of games. Like say they might offer 5 games for $4. That way a person could purchase in advance which would cut down on the wait time and network fees for btc.

I'm not certain anyone is watching NBA these days. It seems like there are always only 2-3 teams that are doing well. Every other team has something like a 20-40 record. I would guess NBA audience and tv ratings are declining which is why the NBA is reaching out and attempting to find new ways to monetize their games and draw in viewers.