Kings hop on the bitcoin bandwagon

 

In a move to prove just how tech-focused they really are, the Sacramento Kings announced today that they’ll start accepting Bitcoin.

 

This will make the Kings the first professional sports team to accept the digital currency, which fans should be able to use for both tickets and merchandise by March 1.

 

Bitcoin has been around since 2008, gaining international fame as the most popular form of payment on the now-defunct online black market Silk Road. Once Silk Road shut down, the value of Bitcoin skyrocketed. At the beginning of 2013, a single Bitcoin was worth $13. Today it’s worth $830.   

Kings majority owner Vivek Ranadive told ESPN.com that the team is also experimenting with Google Glass to somehow improve the fan experience. We can only hope that means wearable computers for everyone.

Our content is free, but not free to produce

If you value our local news, arts and entertainment coverage, become an SN&R supporter with a one-time or recurring donation. Help us keep our reporters at work, bringing you the stories that need to be told.

Newsletter

Stay Updated

For the latest local news, arts and entertainment, sign up for our newsletter.
We'll tell you the story behind the story.