04/24/24
December 12, 2014
Bitcoin Bowl Brings Virtual Currency to St. Pete: The first Bitcoin St. Petersburg Bowl will be played on December 26 at Tropicana Field between N.C. State and UCF. The bitcoin processor BitPay bought the naming rights, paying for the deal in the virtual currency, and the event has grown beyond the game. A nearby town in a "Bitcoin Beach" initiative convinced 65 percent of its businesses to accept the currency, touting no transacation fees or chargebacks as incentive. Five bitcoin ATMs will be installed at the game and concessions will take it as payment. A sign that this isn't all bitvana, from the Tampa Tribune: "A downside to the coin is that its value fluctuates. But BitPay has offered area merchants the opportunity to accept it from customers and then receive the exact dollar amount of the transaction back into their bank accounts."
I wonder if boosters could pay college football players under the table in bitcoin without it being traceable.
The smart ones have already started doing that.
posted by grum@work at 03:03 PM on December 12, 2014
"A downside to the coin is that its value fluctuates."
posted by owlhouse at 07:32 PM on December 12, 2014
As a fan of bowls with goofy names
The Independence Bowl is doing rather well in that department, having formerly been the Poulan Weed Eater Indy Bowl and now being the Duck Commander Indy Bowl.
With all the gas exploration money being made from the Haynesville Shale, you'd think that some newly enriched Shreveport citizen would step up and compete with the duck people for the naming rights to the game. Unless there's already a Frack Brothers Bowl being sponsored somewhere else.
posted by beaverboard at 09:59 PM on December 12, 2014
Glad to see Rice is in the Hawai'i Bowl. Makes me want to go pound a plate lunch.
Is the Quick Lane Bowl going to go a full ten frames?
posted by beaverboard at 10:16 PM on December 12, 2014
Now we need a Dogecoin Bowl.
posted by Mr Bismarck at 10:28 AM on December 14, 2014
I cross-posted this on MetaFilter as well.
As a fan of bowls with goofy names, I had to do some digging to find out the story behind this one. I'm not a bitcoin user, but the logo makes me want a shirt or some other swag from the game. It will be a sign of an era.
I wonder if boosters could pay college football players under the table in bitcoin without it being traceable.