Bulgaria's Oldest Football Club, Botev Plovdiv FC, Embraces Bitcoin and Lightning for Payments
Summary:
Bulgaria's oldest football club, Botev Plovdiv FC, has embraced Bitcoin and Lightning and joined the decentralized protocol, NOSTR. Fans can now use Bitcoin for peer-to-peer payments at the club's stores and stands. The club is planning to further incorporate Bitcoin payments for ticketing and its online store. The move, facilitated by a partnership with BTCPayServer, aligns with Botev Plovdiv FC's vision of Bitcoin becoming as commonplace as the internet. The club has also updated its online presence on its official website and social media, including a new account on Nostr.
Botev Plovdiv FC, the oldest soccer team in Bulgaria, has embraced Bitcoin and Lightning, and has joined NOSTR, a decentralized protocol. This move enables fans to use Bitcoin in a peer-to-peer payment system at the club's fan shops and kiosks during Bulgarian Parva Liga matches. There are also plans underway to incorporate Bitcoin payments for ticketing and the club's online store.
Club president, Anton Zingarevich, has expressed his excitement about the integration and its possibilities, in particular, outlining the potential benefits of the Lightning Network. He stated in a press release, "We envision Bitcoin becoming as commonplace as the Internet. This initiative not only supports that vision but also furnishes our fans and stakeholders with unmatched convenience."
This initiative was put into action in collaboration with BTCPayServer, a Bitcoin payment processor, to provide a secure, low-cost payment system. CryptoDesk.bg and Bitcoinize.com took care of the payment hardware.
According to Nicolas Dorier, the founder of BTCPayServer, developing local Bitcoin adoption is a key concern. They are dedicated to aiding significant initiatives, such as the one currently taking place at Botev Plovdiv FC.
From a club perspective, the Director of Bitcoin at Botev Plovdiv FC, George Manolov, highlighted that Bitcoin provides technological, social, and financial opportunities.
Moreover, the club has enhanced its online representation. The club's official website and English-focused social media were updated, and a Nostr account was set up. Fans can now follow club news via Nostr.
The adoption of Bitcoin and decentralized technologies mirrors the move made by Real Bedford, a UK football club and the first to accept Bitcoin. Chairman of Real Bedford and Bitcoin advocate, Peter McCormack, expressed positivity about the news, emphasizing it will not only benefit the club but also augment Bitcoin awareness.
McCormack encourages clubs to implement a Bitcoin strategy as a solid financial foundation to counteract instability within soccer. He sees the unique properties of Bitcoin as a “cheat code” for life and is organizing a conference named “Cheat Code” in Bedford in 2024.
In the next home game for Botev Plovdiv FC against Lokomotiv Plovdiv, fans will be able to conduct transactions in Bitcoin and Bitcoin Lightning. The announcement was made on the day of the Bitcoin white paper, signifying the club's support of Bitcoin.
Published At
10/31/2023 10:08:00 AM
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