Dallas Mavericks owner Mark Cuban has recently been involved in the cryptocurrency market. He has already spoken out about Ethereum, NFT tokens and the myriad possibilities of smart contracts. Now the basketball team he manages, which began accepting Bitcoin as a form of payment a few years ago, has partnered with BitPay. The goal? To accept DogeCoin (DOGE) in exchange for tickets and goodies. Dallas Mavericks accept DogeCoins Dogecoin is a cryptocurrency that originated from a meme - the popular "Doge". It recently gained value thanks to social media mentions that Elon Musk was behind. BitPay, a cryptocurrency payment company, has just added Dogecoin to its list of supported coins, and Cuban's team is the first entity to accept this new form of payment. Why? "Because we can," Cuban conveyed in a press release. "We decided to do this because sometimes in business you have to do things that are fun, engaging and hopefully generate a lot of [good] PR. So we're going to take DogeCoin - today, tomorrow and probably forever. If you want to learn more about DogeCoin, we strongly encourage you to talk to your teens using TikTok and ask them about it." Will anyone buy a ticket with DOGE? But do people actually buy tickets with cryptocurrencies? In an interview with Decrypt that surfaced online earlier this week, Cuban admitted that... no. - We actually opened up to Bitcoin five or six years ago, only nobody bought anything [with BTC]. The only reason I did it was to prove that nobody was going to buy anything [with cryptocurrencies]," he recalled. Then, he added, the team revisited the idea of accepting BTC. - Again, someone was just trying to prove that they would buy something, and I was trying to prove that not many people wanted to do that, he explained. He added that now the situation could theoretically be different, as digital currencies have become popular. - This could prove to be a fascinating contradiction, as companies like PayPal and Tesla plan to let customers pay in cryptocurrencies: will anyone want that? - he asked. He also noted that "as long as you're converting to fiat, you're not really spending on cryptocurrencies." Tags btc Dallas Mavericks doge ETH mark cuban
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