Bitcoin Begins to Be Used in the Football Industry - page 2.

Lily_Olive

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Quote from: Beerwizzard on June 11, 2019, 11:55:51 AM

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..

Lily_Olive

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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..

Ris88

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Quote from: Pumared on June 15, 2019, 09:27:17 PM

Quote from: iMark on June 15, 2019, 08:03:30 PM

Quote from: Shenzou on June 15, 2019, 07:24:26 PM

Quote from: xsantana on June 11, 2019, 06:14:11 AM

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 ...

MidnightWolf

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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.

sgenuine

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Quote from: Pumared on June 15, 2019, 09:27:17 PM

Quote from: iMark on June 15, 2019, 08:03:30 PM

Quote from: Shenzou on June 15, 2019, 07:24:26 PM

Quote from: xsantana on June 11, 2019, 06:14:11 AM

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

Being a realist and a bit of a skeptic is always good and you can see the situation in whole. nevertheless, Bitcoin is accepted now in other industries also. It is a good sign for all cryptocurrencies.

Pumared

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Quote from: iMark on June 15, 2019, 08:03:30 PM

Quote from: Shenzou on June 15, 2019, 07:24:26 PM

Quote from: xsantana on June 11, 2019, 06:14:11 AM

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

iMark

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Quote from: Shenzou on June 15, 2019, 07:24:26 PM

Quote from: xsantana on June 11, 2019, 06:14:11 AM

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

Shenzou

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Quote from: xsantana on June 11, 2019, 06:14:11 AM

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.

bitkanu

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I think that is to be expected, I mean accepting BTC is very easy even there's platform for payment gateway that convert BTC directly to USD when sent to the hand of the merchants. Many merchants or company are not accepting BTC because they simply scared of new things, it's just a matter of time, it's like when internet first appear people are overreacting to it.

Eildosa

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I've always said that the more industries will cooperate with bitcoin, the better it will be for the development of crypto. Thus, people not only from financial, but also from various other areas will learn about bitcoin and will get used to it. And this in turn will help its scaling. And I see only positive news in this.

Harlot

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I do see this happening for a team based in Europe since they are more open in the crypto-industry, with the confirm partnership and sponsorship from one of the cryptocurrencies I suspect that they only did this move in order to receive some kind of financial gain from their partners since football clubs' other ways to earn money is through sponsorship so this might be the reason why they made this move. Maybe with some time now we will be seeing "Utrust" or "UTK" in their shirt logos as well.

whyrqa-1

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in any case, all actions are aimed at getting real income. Therefore, we should not be indignant as to which token is used by the football industry. Moreover, their sponsorship in this regard is very well developed and it is not surprising that companies associated with the cryptocurrency market will participate in this too.

rdbase

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Quote from: mk4 on June 11, 2019, 06:22:50 AM

Why did they accept this random token(EnergiToken) as payment though? Now it just looks like a sponsor, pretty much like how PornHub accepted Verge(XVG).

EDIT: Nvm. They accepted UTK not ETK. And yes, confirmed it's sponsored.

Source: https://www.coindesk.com/s-l-benfica-is-the-first-major-european-football-club-to-accept-cryptocurrency

Energi token really? This is really random. Undecided

I just heard about this altcoin yesterday as it seems to have more marketcap then even dash atm from what I was watching from these youtubers last night.
If they are then no wonder they are pumping from under $2 to over $3 all the sudden. Altight most alt coins are pumping again all the sudden. Wink

Payme21

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This is a cheering signal that goes to show how much penetration bitcoin and crypto at large will have. More adoption in the coming years i see

mayukus4life

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Adoption of cryptocurrencies as a means of payment is going to Ben gradual and with such moves by these clubs will open the eyes of many to see digital assets (cryptocurrencies) in another light. In the next few years, it will be massive in the sports arena.

xWolfx

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Quote from: clair508 on June 13, 2019, 02:11:35 PM

WoW.So thats mean it just not a useless rumors .Its worth that.Soccer industry reach for crypto. No money counting times,high customer satisfaction and much more more benefits can get when using cryptos. May be they have introduce a coin for that too."Soccer coin" may be .Easy to pay easy to have.If not they have to add both bitcoin and ETH for transaction.

Mark Cuban is pretty cool, why wouldn't he? - It's really nice to check that those news are 100% truth though.

That seems to be the go-to strategy right now when starting to use crypto and the Blockchain, create your own token. It's nice to deal with the volatility and probably some do it only because of the profit.

But if we seriously point towards the long term rewards(Which tends to be the greatest rewards by far), then we will stick to Bitcoin and ETH.

EdenHazard

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Quote from: syaripudin on June 13, 2019, 03:34:46 PM

gradually cryptocurrency will be widely known by everyone even though there are still many lay people who do not know how it works but at least cryptocurrency support has been popularized by various world soccer clubs, this can have a positive impact on the growth of cryptocurrency users in the future

There is no hard way to know how bitcoin work, just simple you can tell to them bitcoin is payment system. That's is enough to make them understand, if they want more about bitcoin they will find it by themselves. There are many sources about bitcoin in google and I believe they will do it. Actually, before SL benfica decided to accept bitcoin for payment system in their store there are some team also who decided the same thing beforehand.

ethereumhunter

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Quote from: syaripudin on June 13, 2019, 03:34:46 PM

gradually cryptocurrency will be widely known by everyone even though there are still many lay people who do not know how it works but at least cryptocurrency support has been popularized by various world soccer clubs, this can have a positive impact on the growth of cryptocurrency users in the future

I think it will give an impact to the other sports if cryptocurrency can be used in the football industry. They will open their eyes, and they will try to use cryptocurrency only if they can get benefits from the cryptocurrency. People will use something if it could give benefits, and they still use that thing for a long time as long as they could still get the advantage. That is what will happen too with cryptocurrency in the future.

kissme09

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This is excellent news for fans of this sport. Many fans are hoping that Bitcoin will be accepted soon and that has happened. Accepted Bitcoin will be a new opportunity to help the market grow and be well known. Do you have any articles about this, can you share the link here?

Nnuego

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Let them not use this method to scam people of their bitcoin cos the price of bitcoin fluctuates now and then. The idea is quite cool but there will some irregularities involve

Topic: Bitcoin Begins to Be Used in the Football Industry - page 2. (Read 844 times)