Mark Cuban, a well-known American businessman and owner of the Dallas Mavericks professional basketball team just announced that Bitcoin enthusiasts can soon purchase tickets to NBA games using either Bitcoin or Etherium. The billionaire shared this news on Twitter.
When questioned on social media when this offer would take effect, Cuban replied that fans will be able to utilize this payment option next season.
Cuban also shared this information, “As far as tokens, we will be taking tokens originated by companies we have business relationships with. Some people want to buy products in crypto to prove a point. We are happy to make it easy for them. And for existing Mavs fans who prefer to spend crypto currency, we are happy to make it easy for them.”
Along with being the Dallas Mavericks team owner, Cuban is also one of the “sharks” on the reality television show, Shark Tank, where he and several other investors consider new product pitches and make instant decisions about whether or not they want to invest in those products.
Cuban began showing interest in Bitcoin several years ago, but was reluctant to invest, due to concerns he had about it. Although he believed that Bitcoin was an excellent encryption technology, he felt that its future wasn’t bright, because central banks would never allow for its growth. However, once Bitcoin, along with other cryptocurrencies, began skyrocketing in value last year, Cuban appeared to have become a fan of the digital currency. He told his followers to start watching Bitcoin news.
Then, in October, he shared some advice via a YouTube video entitled, “Mark Cuban’s Guide to Getting Rich,” where he stated, “If you’re a true adventurer and you really want to throw the Hail Mary, you might take 10 percent [of your savings] and put it in Bitcoin or Ethereum — But, if you do that, you’ve got to pretend you’ve already lost your money.”
It will be interesting to see how many NBA tickets are actually purchased with cryptocurrency, once this payment option goes into effect next season.