Major sporting events always attract a massive amount of attention across the world and it is encouraging to see cryptocurrencies being integrated into the many aspects of the event.
Given its status as the biggest sport in the world, the FIFA World Cup has inevitably become the most watched sporting event and fans travel the world to support their teams, wherever the tournament is being hosted.
The 2018 World Cup is currently underway in Russia, with 11 cities and 12 stadiums playing host to 64 matches during the month-long spectacle.
Travelling tourists provide a need for adequate accommodation and foreign exchange facilities, and this is where cryptocurrencies have come to the forefront at the World Cup.Crypto at World Cup.
In the four years since the last World Cup, cryptocurrencies have grown immensely.
Accomodation is not the only thing that tourists can use cryptocurrencies for during the World Cup.
There are a number of sport betting platforms that have adopted cryptocurrencies as a payment and betting option.
Intertops and Bodog are two examples of betting websites that accept cryptocurrency bets as well as normal fiat betting.
By the time the next World Cup rolls around, far more service providers could be actively using and accepting cryptocurrencies as a payment method.
As previously mentioned, betting with Bitcoin was possible at the 2014 World Cup - so the sky is, quite literally, the limit when it comes to the possibilities of crypto adoption and blockchain solutions being far more prevalent in 2022.
FIFA World Cup 2018: Crypto for Betting, Hotels, Booze and Flights
gepubliceerd op Jun 22, 2018
by Cointele | gepubliceerd op Coinage
Coinage
Vermeld in dit artikel
Recent nieuws
Alles zien
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.