The San Jose Quakes to become the next sports team to accept Bitcoin

From Silicon Angle:

Dave Kaval, President of the San Jose Earthquakes, just told the world on SiliconANGLE’sTheCube that his team will be accepting bitcoin with the upcoming soccer season. Soccer fans can expect to use the virtual currency for anything from the merchandise store as well as tickets to see games.

The San Jose Earthquakes are an American soccer team based in San Jose and a Major League Soccer participant. Together the Quakes have won two MLS Cup titles, 2001 and 2003, and two MLS Supporters’ Shields in 2005 and 2012. And now they are the second professional sports team to take bitcoin as a payment option—following the Sacremento Kings (an NBA team) who announced that March 1st would mark their acceptance of bitcoins.

“In May, we are actually taking Bitcoin in our stadium for merchandise–hopefully for concessions as well–but definitely for merchandise,” Kaval said. “We hope to create a really seamless experience as we can. We want to produce a seamless commerce experience with your mobile.” He added that maybe with your mobile you could use something like Passbook with Apple and just have the system recognize your access as you approach the doors and let you in.

Bitcoin is planned for merch and tickets and possibly even concessions, if a POS system can be worked out and launched in time for fans… Read more.

Subscribe to the Stanford Review