Houston Texans become 1st NFL team to accept crypto for ticket sales

[livingfree]

Great!

I think I've read something before like this but with another sports. Or it's just with the owner of the team that's also mining crypto, maybe that was Mark Cuban and was his team Dallas Mavericks in the NBA had proposed accepting payments in bitcoin for tickets?

This is the use case that we want to see. But aside from that, I hope that they'll eliminate the scalpers that could be the typical problem with ticket sales.

[rhomelmabini]

I think I've read something before like this but with another sports. Or it's just with the owner of the team that's also mining crypto, maybe that was Mark Cuban and was his team Dallas Mavericks in the NBA had proposed accepting payments in bitcoin for tickets?

Actually they're just second to fill that one, it was Sacramento Kings at first as an NBA franchise that accepts and mine cryptocurrency (though it was Ethereum that they're mining), they're also the first to pay players and staffs in crypto. You can read the article here (though there are separate articles stating the salary of staffs and players): https://www.sportspromedia.com/news/sacramento-kings-cryptocurrency-mine-ethereum/. For Dallas, they're not just accepting Bitcoin but Dogecoin as well.

[Johnyz]

I haven't used BitWallet crypto wallet which is sponsored by this company, so I can't say anything about it, but selling tickets for cryptocurrency is another step towards wider acceptance of cryptocurrency payments. The more cases like this we see, the stronger the cryptocurrency community will become. And that's very cool.

This can still be a good adoption and hopefully, many will really spend their crypto for the purpose of buying things or services, this one is a great news especially if you are a user of BitWallet who also love the NFL sports. US is indeed a good place for cryptocurrency, though you are required to declare crypto profit but at least you are free to use it without worrying for the regulations.

[goaldigger]

...I’m sure other teams will follow along soon enough.

Another good news is that most likely not just teams but also the likelihood of more  crypto wallets taking initiative from Bitwallet and taking proposals to other sports teams to accept their sponsorship with an option to implement crypto payment for tickets or other things. I am happy about this development as It is a win win for crypto community generally.

Probably a good work for Bitwallet in partnering with the sports team and with Paypal, this can be a good adoption and it can impact the Bitwallet and the cryptomarket as well. There’s a huge number of fans for NFL and if most of them are a crypto bettor probably it can increase the adoption for Bitwallet and paypal. I’m wondering if this is also available for user outside US.

[Lanatsa]

I haven't used BitWallet crypto wallet which is sponsored by this company, so I can't say anything about it, but selling tickets for cryptocurrency is another step towards wider acceptance of cryptocurrency payments. The more cases like this we see, the stronger the cryptocurrency community will become. And that's very cool.

This can still be a good adoption and hopefully, many will really spend their crypto for the purpose of buying things or services, this one is a great news especially if you are a user of BitWallet who also love the NFL sports. US is indeed a good place for cryptocurrency, though you are required to declare crypto profit but at least you are free to use it without worrying for the regulations.

I still highly doubt on that because we've known on what are the potential of holding your coins on your own wallet rather than on spending on it actively which we could actually do it with fiat.

Therefore, it would be still a personal type of choice whether you do make out use of it for some convenience or for the sake or utility or would be just simply saving it just because you've been minding about its
investment opportunity.

Overall, it is really still a good news to see that its really getting some attention and its been applied on various ways which is the best thing we could have.

[coin-investor]

Texas has a strong crypto mining industry powered by their newly constructed wind farms. Accepting crypto for NFL ticket sales will further boost crypto adoption in state.

I would guess florida could be next to accept crypto for ticket sales with the tampa bay buccaneers.

Texas and florida would appear to be two of the most crypto friendly states in the USA.

While new york and california would be the least friendly.

Texas is good for having been Crypto friendly it will go viral as adoption is continuing, I think that's one of the best things Texas has done to their community, this state is one of the first, and many more follow will Texas is a big state with many diverse people on it, getting their people educated on Cryptocurrency will give the edge over other states where there are people are into Crypto but their state is not, these people might even think of moving there because of Texas being Crypto friendly.

[DoublerHunter]

Great!

I think I've read something before like this but with another sports. Or it's just with the owner of the team that's also mining crypto, maybe that was Mark Cuban and was his team Dallas Mavericks in the NBA had proposed accepting payments in bitcoin for tickets?

This is the use case that we want to see. But aside from that, I hope that they'll eliminate the scalpers that could be the typical problem with ticket sales.

^ Yes, that was on 3 years ago from now.
https://www.forbes.com/sites/doylerader/2019/08/23/the-dallas-mavericks-are-now-accepting-bitcoin
BTC now has become a common optional currency aside from fiat and let us say, this is great news to us as crypto enthusiasts because possible this will bring an impact on the BTC price. More adoption which means becomes BTC also becomes expensive.
However, this is not a surprise because Houston Texas also was crypto-friendly even before.

[famososMuertos]

.../Q/...::,,,
Texas has a strong crypto mining industry powered by their newly constructed wind farms. Accepting crypto for NFL ticket sales will further boost crypto adoption in state.

I would guess florida could be next to accept crypto for ticket sales with the tampa bay buccaneers.

Texas and florida would appear to be two of the most crypto friendly states in the USA.

While new york and california would be the least friendly.

That's right, from the information that can be perceived and analyzed as non-locals, there is always news in relation to that state where is  various aspects of the crypto issue, it is nice to know that the areas involved expand to sports as important as the NFL and not just mining.

There is at least one senator in Texas that I know of, I suppose there are several (Ted Cruz, without partisan mention) but I have seen him involved in the crypto issue, and in that same line of good intentions I think New York follows him, Eric Adams (Mayor) and along the same lines, Miami, regarding California, I don't know anything, but the judicial and political issue is also important to have bitcoin-friendly cities.

[livingfree]

Actually they're just second to fill that one, it was Sacramento Kings at first as an NBA franchise that accepts and mine cryptocurrency (though it was Ethereum that they're mining), they're also the first to pay players and staffs in crypto. You can read the article here (though there are separate articles stating the salary of staffs and players): https://www.sportspromedia.com/news/sacramento-kings-cryptocurrency-mine-ethereum/. For Dallas, they're not just accepting Bitcoin but Dogecoin as well.

Thank you. I knew it as I can remember that there's sort of something like this that has ever happened before. Oh yeah, I remember about that Dogecoin's support coming from the team as well.

^ Yes, that was on 3 years ago from now.
https://www.forbes.com/sites/doylerader/2019/08/23/the-dallas-mavericks-are-now-accepting-bitcoin
BTC now has become a common optional currency aside from fiat and let us say, this is great news to us as crypto enthusiasts because possible this will bring an impact on the BTC price. More adoption which means becomes BTC also becomes expensive.
However, this is not a surprise because Houston Texas also was crypto-friendly even before.

Nice, thank you!

Now, it's not just on these sports but also in other sports where the athletes are being allowed to choose their contracts, whether it's in fiat or btc.

More and more of this shall come soon and it'll go viral as the media always want to chase a news like this.