With the value of Bitcoin and other digital currencies in steep decline in recent days, many skeptics are once again racing to write cryptocurrency’s obituary. However, billionaire entrepreneur and Dallas Mavericks owner Mark Cuban appears to see things differently. In response to a Twitter question about when his team’s fans would be able to use Bitcoin to purchase tickets to the game, Cuban offered a two-word response:
Of course, media outlets were intrigued by the answer, and wondered whether he was serious. According to Bloomberg News, Cuban says that the Mavericks franchise has every intention of accepting Bitcoin when the next NBA season begins.
Bloomberg emailed Cuban to ask whether it was true, and his answer suggested that Bitcoin is but one of several payment options the team will adopt:
“True. And we will be taking Ether as well. As far as tokens, we will be taking tokens originated by companies we have business relationships."
Cuban explained that the decision is simply a matter of giving customers what they want:
“Some people want to buy products in krypto to prove a point. We are happy to make it easy for them. And for Existing Mavs fans who prefer to spend krypto currency we are happy to make it easy for them.”
The decision to accept digital currency will almost certainly endear Cuban to Mavericks fans who own and use crypto. The Mavs won’t be the first professional team to accept Bitcoin, however. That honor belongs to the Sacramento Kings franchise, which began accepting the world’s most well-known digital currency in 2014.