Bitcoin Steps Up to the NBA Court

Famous American entrepreneur, businessman and investor Mark Cuban has announced that bitcoin users can soon buy tickets to National Basketball Association (NBA) games directly from his team. Asked on social media when will it be possible to purchase tickets for the Dallas Mavericks (Mavs), which he owns, Cuban simply answered "Next season."

And this doesn't look like just a empty boast on Twitter from the billionaire TV personality. When asked to confirm he explained to Bloomberg that the statement is "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 further said that: "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."

From Shark to Bear to Bull

Other than being the owner of the Dallas Mavericks, Cuban is probably best known for his role as one of the "sharks" on the reality television series, Shark Tank, where investors listen to new product pitches and decide whether to invest or not on the spot.

Cuban took an interest in bitcoin a few years ago, but initially as a reluctant critic. Back in 2014 he said "I haven't invested in Bitcoin yet — I go up and down on it," on the set of TV show. Later on that year he explained that he believed that bitcoin was "great as an encryption technology," but thought its future was doomed as central banks will not allow it to grow.