If YOU would like to be on a CRYPTO PING LIST, please pm me.
The Crypto Ping List covers the following:
Bitcoin
Ethereum
Other coins built on the Ethereum
blockchain mining
etc.
Thanks! For it - or ag'in it, it'll be a wild ride.
Posted on 03/29/2021 6:39:28 PM PDT by aMorePerfectUnion
Key Takeaways
The Oakland A's are selling full-season seating for Bitcoin. President Dave Kaval stated that he has received more than 100 inquiries and hopes to finalize two to three sales by next Thursday. Other pro sports teams such as the NBA's Dallas Mavericks and the NFL's Miami Dolphins have previously accepted crypto.
NOTE: THIS AN EXCERPT. MORE AT LINK.
(Excerpt) Read more at cryptobriefing.com ...
If YOU would like to be on a CRYPTO PING LIST, please pm me.
The Crypto Ping List covers the following:
Bitcoin
Ethereum
Other coins built on the Ethereum
blockchain mining
etc.
Thanks! For it - or ag'in it, it'll be a wild ride.
Sad that MLB has become so Anti-American.
Oakland has a decent ball team.
But nobody like going to the Coliseum. It’s unsafe and it’s a concrete tomb.
They could give away tickets and not fill the stands.
All part of the plan. But there will be a surprise ending.
This always confuses me.
So will the Athletics sell tickets for Bitcoin, priced in Bitcoin, or is this a matter of you having to convert Bitcoin to dollars, to pay the cost in American dollars?
I get confused, but it seems an important distinction. Because if they say the cost is “X” Bitcoin, then you aren’t concerned with exchange rates, you simply pay “X” amount of Bitcoin.
On the other hand, if they are accepting Bitcoin but you have to pay “X” amount of Bitcoin as a certain amount of dollars, you then get concerned with exchange rates, timing of your purchase, etc.
The Yen and Crypto is our fiscal future under a system between China’s capitalistic communism and American Fascism.
The major problem is it's in the East Bay, so traffic is not good.
+1
You, sir, are an oddity and an exception.
Crossing the bridge is far easier on Saturdays and Sundays.
I suspect they are looking for ways to entice people to buy the profitable seats - so people who already own bitcoin.
The team will likely tell you an exact amount of bitcoin down to 8 decimal places and you will send it to their bitcoin address as part of ordering the seat/box.
I suspect they will do this by creating a QR code that appears in the process. Most bitcoin wallets that can send or receive money have this functionality.
You simply aim your phone at the qrcode and the amount and address are completed automatically and the transfer happens.
That’s my understanding, but I may have missed something.
I’ve never been, but hear people say Pac Bell Park, Oracle Park, whatever the current corporate name is, is one of the beautiful new ballparks built in recent years.
Whereas the Coliseum is a relic of the days of concrete doughnut style stadiums, built to accomodate baseball and football, but not ideal for either.
This analysis is correct. To me, the Coliseum is hands down the worst MLB park, Oracle Park is perfect - even if it is in San Francisco... :)
Again, how does the IRS expect to keep up with cap gains when things like this become more mainstream?
If I had to guess based on previous btc purchases I have made, it will be priced in USD but fluctuate based on btc fluctuation. So tickets will be $150 and however many satoshi $150 is at the time of purchase is what you would pay, plus miners fees.
Good question. I would guess the same way the IRS will learn of capital gains you have from other asset sales.
Then again Bitcoin is supposed to be outside of the financial system entirely. Theoretically you should just be able to spend Bitcoin without the IRS knowing anything about your transactions.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.