Using cryptocurrency as payment method in sports is key to mass adoption

[Caxton10]

I totally agree with you given the fact that thousands of people attend stadiums to go and watch and support their favorite team. There are so many sporting events taking place each and every week so liquidity will be ensured. This market really need to be looked at in order to scale mass adoption of cryptocurrency.

[1715388623]

1715388623

[1715388623]

1715388623

[1715388623]

1715388623

[1715388623]

1715388623

[metalglowd]

Sports is a relatively small sector. The true key to mass adoption is price stabilization and people actually using their crypto as currency instead of just hoarding it "for the moon"

No, if we divided more specifically, it divided great large scale of coverage. The application of sports and included E-Sports right now with crypto can be really make Bitcoin or the alts that implemented in this area more stable

[Indrawan77]

It is great if that case happening, but I think not all people wanted to be paid in crypto, and in some country crypto aren't allowed to become the legal payment, but if is implemented it will hugely increase the transaction volume which will be great for us, and it will be better if they only used a single crypto currency

[Patatas]

Sports is a relatively small sector. The true key to mass adoption is price stabilization and people actually using their crypto as currency instead of just hoarding it "for the moon"

No, if we divided more specifically, it divided great large scale of coverage. The application of sports and included E-Sports right now with crypto can be really make Bitcoin or the alts that implemented in this area more stable

How is that even possible? The majority of the population inclined towards gambling is already using bitcoins as their personal choice. How does your situation.makes it any better? I feel it's going well the way it is.

[Bessta]

Major Sports activities are only held few times annually,  so it won't have a full blown effect. I still believe that cryptocurrencies should be used in all business activities and transactions globally to be able achieve mass adoption

[tunapa]

i will say this is feasible and it will start happening. whats i think the needs to be done is the safety of users, investors.  when this done, alot of the oppostion will start using it.

[batang_bitcoin]

You made me realized that its really happening as far as I'm remebering some international events when each country unites to support their teams who's competing the competition.

It isn't a key but it can be a way to make the adoption higher but I like the idea and you noticed it. Usually these things aren't being noticed by the governments and if they will be together doing this and starting to give a statement of what to support that's the key. Voice of the government is still the key.

[shield132]

Sports is one thing that unites the entire world. Even countries who appears to be political and economic rivals are usually united around sports as evident during world tournament events like the World Cup and the Olympic Games.

I believe if cryptocurrency is adopted as payment method for sporting activities including domestic league games stadium tickets and more importantly, the most watched league event in the world such as the UEFA Champions League, cryptocurrency global adoption will be actualized even earlier than expected.

What are your opinions?

They aren't united in such events, it's just an illusion. Did you see what happened in fifa world cup 2018 final? I think man has be gentleman and you know what their president did, woman was in rain and instead of offering own umbrella, he just hang on.
Also currently it highly seems governments won't do that but if any bitcoin based company will be a partner of fifa, we have a good chance of releasing what you said.

[Msydudu]

Great content you put up Cryptocurrency can truly benefits from the unity in sports events to create a global usecase for cryptocurrency globally because either we like it or not sport unites ua either directly or indirectly. By capitalizing on this I believe massive adoption of cryptocurrencies is guaranteed.

[SportaICO]

Sports is one thing that unites the entire world. Even countries who appears to be political and economic rivals are usually united around sports as evident during world tournament events like the World Cup and the Olympic Games.

I believe if cryptocurrency is adopted as payment method for sporting activities including domestic league games stadium tickets and more importantly, the most watched league event in the world such as the UEFA Champions League, cryptocurrency global adoption will be actualized even earlier than expected.

What are your opinions?

Definitely, sport has a lot of power when it comes to spreading currencies (or cryptocurrencies) around the globe, but would it be fair enough to impose this process on humans right away? If gamblers for instance are left with nothing else but cryptocurrencies to pay for the odds, this would be unfair.

A good idea would probably be a combination of crypto and non-crypto methods.

[2fresh]

Sports is one thing that unites the entire world. Even countries who appears to be political and economic rivals are usually united around sports as evident during world tournament events like the World Cup and the Olympic Games.

I believe if cryptocurrency is adopted as payment method for sporting activities including domestic league games stadium tickets and more importantly, the most watched league event in the world such as the UEFA Champions League, cryptocurrency global adoption will be actualized even earlier than expected.

What are your opinions?

Definitely, sport has a lot of power when it comes to spreading currencies (or cryptocurrencies) around the globe, but would it be fair enough to impose this process on humans right away? If gamblers for instance are left with nothing else but cryptocurrencies to pay for the odds, this would be unfair.

A good idea would probably be a combination of crypto and non-crypto methods.

Crypto does not need to replace existing forms, it should be an extra option people could use. Not forced upon anyone.

[maskeffec]

Sports is one thing that unites the entire world. Even countries who appears to be political and economic rivals are usually united around sports as evident during world tournament events like the World Cup and the Olympic Games.

I believe if cryptocurrency is adopted as payment method for sporting activities including domestic league games stadium tickets and more importantly, the most watched league event in the world such as the UEFA Champions League, cryptocurrency global adoption will be actualized even earlier than expected.

What are your opinions?

I see that now Crypto is sponsoring the English League Team, I think Crypto is still in the promotion stage to create mass adoption, if mass adoption has taken place, anything can happen including buying tickets to enter the stadium.

[Bloodseekers]

Yes i agree with your opinion, and i think now, there are already many proyek ICO using that concept. And we know there are still many people who don't know about crypto, maybe if concept like that already implemented crypto will increasingly famous and will give positive impact

I have heard that Japan is planning a wide scale rollout of a crypto or implementing Bitcoin for the next Olympics that they are hosting.

This is great news, i hope that will happen

[audaciousbeing]

Sports is one thing that unites the entire world. Even countries who appears to be political and economic rivals are usually united around sports as evident during world tournament events like the World Cup and the Olympic Games.

I believe if cryptocurrency is adopted as payment method for sporting activities including domestic league games stadium tickets and more importantly, the most watched league event in the world such as the UEFA Champions League, cryptocurrency global adoption will be actualized even earlier than expected.

What are your opinions?

Of course sport activities unite the world irrespective of political differences and the adoption of crypto currency as a means of payment in that kind of environment will go a long way in entrenching mass adoption. However, don't forget that every activities of football is regulated by a world body that determines virtually everything that happen in that game, up to the stadium, the people, officials, advertisers, fans and even footballs. It might sound as if FIFA is an independent body on its own but its still being indirectly controlled by machineries of government that determines those who run it's activities.

So rather, than going after FIFA that respect local laws, the main deciding factor is government and when that happens beyond sports, all other uniting means will fall in line.

[chidrawarster]

Yes, this can be a great move if all the participants accept crypto currency as primary payments based on the country's regulation. We never know who will accept and who will not due to the present restriction is some countries. But for sure if its adopted its going to be great move gaining masses acceptance and also their change of habit by using crypto in their daily payment methods.

[bellamente]

Such news can positively influence the market of cryptocurrencies.

If the crypto-currencies start to use such huge organizations, then governments will give permission to use cryptocurrency

[solkinsolali]

Using cryptocurrency in sports just like it was somehow experimented in Russia will quite interesting. Almost everyone one on earth has interest in at least one sport or the other. If Crypto can be used in transactions from ticketing to sports wears, it will someway, help to promote cryptocurrency.

[TobiasVR]

cryptocurrency should be able to target in any field including sports. this happened because there were so many ico related to sports. and when it works I think it's a good innovation for cryptocurrency.

[vv181]

It won't definitely massively increase the adoption instead it could help to spread the adoption. The term 'key' is a bit excessive word to use. Before we get adoption to get an expansion, we need to solve the scalability problem first. Good things the lightning network being developed.