Exciting announcement today: Beginning March 1st, the NBA team Sacramento Kings aims to stay on the cutting edge by accepting Bitcoin.

“When I sold the NBA on keeping the team in Sacramento, my pitch included using the sports franchise as a social network to push the technology envelope,” Kings majority owner Vivek Ranadive told ESPN.com. “This is an example of that.”

Sacramento Kings majority owner Vivek Ranadive hopes accepting Bitcoin virtual [digital] currency is the next step in allowing fans to keep their wallets at home.
Ranadive said that the acceptance of Bitcoin is one step closer to allowing fans to keep their wallets at home, thanks to what will eventually be a ticketless and cashless environment at the arena.  Continue reading →