Bitcoin Begins to Be Used in the Football Industry

[MidnightWolf]

The main thing to understand the cryptocurrency is understood by the leaders of those areas of human life that are very important and which are the most popular in society.  This approach to the promotion of cryptocurrency will lead the cryptocurrency market to a completely different level.  If we assume that the players will receive a salary in Bitcoin, as well as football clubs will buy using other players' cryptocurrency, then this will in any case increase the value of the cryptocurrency.  To can imagine the number of fans in the world who would be happy to use cryptocurrency too.

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[Ris88]

It is SL Benfica, a Portuguese soccer giant who has decided to accept payments using bitcoin (BTC) in each transaction. In addition to BTC, fans can buy tickets, t-shirts, and all club accessories using special tokens named Ether (ETH) or UTK. The historic decision was announced by Benfica through the club's official website some time ago.
To help realize this plan, Benfica has partnered with a company called Utrust which later acted as a money changer and was tasked with exchanging crypto money from fans to conventional money instantly. Thus, it is expected that the club can mitigate the potential for price reductions that could occur due to the relatively high volatility of the crypto exchange rate in the spot market.

This is some promising news and it could actually lead to some new ways for crypto adaptation where companies could partner up with exchanges to provide more access and allow people who are interested in using their crypto to buy all kind of stuff, lately it seems there have been some really good news concerning bitcoin adoption and i hope that this keeps going and in no time at all we will be able to use our coins anywhere and everywhere.

I also found several apparel sites from football clubs also offering payment via bitcoin on their shopping sites. this is not new, but in the future this adoption is not only happening in the football industry, but all types of stores will receive payments with crypto or bitcoin as part of their marketing projects

For me, this only shows that they accept all kinds of money and form of payment. Nothing more besides

It's true I also strongly believe that all online sites or the like will receive Bitcoin payments, and that it will be a lot of convenience for the bitcoin holders themselves, so there is no doubt in the future, there will likely be many more who use bitcoin payments or blockchain technology , of course where we know that soccer is the perfect place to promote bitcoin ...

[Lily_Olive]

Wow thats a very good news for us and hope so it is best  for bitcoin  market.. now the the people related to football industry, now they come to know about bitcoin currency.. its a good step...all the best..

[Lily_Olive]

For them, this is just another way to get more money. I guess that they are instantly converting their coins to fiat via something like BitPay and none of those people is holding any significant amount of coins (even if they get that much crypto payments).
Soccer teams are already sponsored by many financial organizations (including shady ones) like banks or forex brokers. Football teams do not care that much about activities of their sponsors so it is not a surprise to see crypto project among them.

Obviously  they are trying to earn more and more from bitcoin.. this is a good step well..More people also come to know about bitcoin..

[Austin_Lord]

Well this is very good news.. people related to football industry also get more earning from bitcoin.. people can invest their  money in cryptocurrency...

[Aptekary]

I hope others sports could involve on that especially but some part of Europe football is a passion and i saw already an ads about promoting bitcoin in some football match on England and i hope also basketball just like NBA could bitcoin will known or encourage the community to be part of involving crypto activity.

I see a huge benefit for the entire cryptocurrency market from the fact that cryptocurrency will be used in sports.  Until now, everyone who advertised their brand or brand with the help of football or another sport, all received extraordinary benefits.  Based on this, I believe the cryptocurrency will also become more popular thanks to the sport and increase the volume of investments.

[odeybit2]

It is SL Benfica, a Portuguese soccer giant who has decided to accept payments using bitcoin (BTC) in each transaction. In addition to BTC, fans can buy tickets, t-shirts, and all club accessories using special tokens named Ether (ETH) or UTK. The historic decision was announced by Benfica through the club's official website some time ago.
To help realize this plan, Benfica has partnered with a company called Utrust which later acted as a money changer and was tasked with exchanging crypto money from fans to conventional money instantly. Thus, it is expected that the club can mitigate the potential for price reductions that could occur due to the relatively high volatility of the crypto exchange rate in the spot market.

We look forward to see more of this in the future, when thousand of fans begin to pay using cryptocurrencies then the power of centralization is over

[bitbollo]

https://www.theguardian.com/technology/2018/jan/24/arsenal-seals-major-sports-first-cryptocurrency-sponsorship-deal

This was the first real cryptocurrency sponsorship deal!
Arsenal and CashbetCoin

[Pumared]

https://www.theguardian.com/technology/2018/jan/24/arsenal-seals-major-sports-first-cryptocurrency-sponsorship-deal

This was the first real cryptocurrency sponsorship deal!
Arsenal and CashbetCoin

It was a good way to start. But, I do not see it as an association. Teams have stadiums and these are a form of potential marketing. Soon, CashBet simply made an advertisement.

[joinfree]

Well it's a great initiative that this team has put up and this might also open doors for other crypto enthusiasts like myself to join such a team. After all i am for any startup that is seeking to push the adoption of cryptocurrencies and the blockchain technology. The football industry is one of the big industries in the world and if cryptocurrencies are to be used in its activities it would really propagate the use of cryptocurrencies.

[amyshek1979]

I bet bitcoin is used in every industry already, but not wordwide.

[rodel caling]

It is SL Benfica, a Portuguese soccer giant who has decided to accept payments using bitcoin (BTC) in each transaction. In addition to BTC, fans can buy tickets, t-shirts, and all club accessories using special tokens named Ether (ETH) or UTK. The historic decision was announced by Benfica through the club's official website some time ago.
To help realize this plan, Benfica has partnered with a company called Utrust which later acted as a money changer and was tasked with exchanging crypto money from fans to conventional money instantly. Thus, it is expected that the club can mitigate the potential for price reductions that could occur due to the relatively high volatility of the crypto exchange rate in the spot market.

Great sounds good for me and Imhave so many I hear some sports using crypto as payment for their players, anyways this new adoption are making another history for the crypto world. It's can bring for crypto to the popularization because football one of the most popular sports.

[Nellayar]

I didn't expect that Utrust can go this far. It was a great project and it's good to know that it's continuously pursuing its goals.
However, this kind of cryptocurrency adoption is really an advantage because there are lots of football fans who will also support Bitcoin and other altcoins like Utk and Eth.

Holders of utrust coin are very lucky. I have friends qho worked for utrust during 2017. It was my repentance that I did not come early in this industry. Supposedly, I am also satisfying the achievements of utrust token. Well, I pray for them to make profits using their utk. More power to utk team and I am glad how they arrived on that popularity.

[Carollzinha]

Yeah I did read it.. it's really amazing to see how the cryptos are expanding day after day.. but for me the best thing I did read lately was about CoinMarketCap sponsoring Beitar Jerusalem football team.. although there are not so big as a team themselves its already a good start as more people will be able to see the CoinMarketCap brand that directly promote cryptos

[Pumared]

I bet bitcoin is used in every industry already, but not wordwide.

Bitcoin, have practically no common use. What really matters is Blockchain. This sim can be used in various sectors

[Finestream]

Yeah I did read it.. it's really amazing to see how the cryptos are expanding day after day.. but for me the best thing I did read lately was about CoinMarketCap sponsoring Beitar Jerusalem football team.. although there are not so big as a team themselves its already a good start as more people will be able to see the CoinMarketCap brand that directly promote cryptos

Hopefully bitcoin will be used in all fields so we can make different transactions with it in the future.As long as massive adoption will take place as early as possible,then we will not wander anymore if bitcoin will be start accepting as a payment system in different aspects of life.

[Ayiranorea]

This is just a beginning, when years pass we can experience all these to happen with each and every industry. Now to the football industry there is a good sponsor who has made things differently, same as this we need good supportive sponsor on every industry. This will take the growth forward to the next level.