Fans Can Now Buy London Lions Tickets with Digital Currency.
26 Feb 2023, 08:00
Fans Can Now Buy London Lions Tickets with Digital Currency
European basketball team the London Lions has aligned itself with Bit Pay and formed a joint partnership with the crypto platform. The purpose? To allow fans to purchase both tickets and merchandise surrounding the team with crypto assets.
The London Lions Have Jumped Into CryptoThe move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either speculative or even hedge-like statuses in recent years, many of them were initially designed to serve as payment tools. They were built to push checks, credit cards, and fiat currencies to the side, but this has been a relatively slow journey given the volatility that continues to drag them down.
It is extremely hard to understand when bitcoin and its crypto family will go up or down when it comes to their prices. Many stores and companies have been reluctant to say “yes” when it comes to accepting crypto payments for this reason, and to a degree, we can’t blame them.