The crypto craze has been spreading like a fire in all areas lately.
Perth Heat pays stars in BTC
Recently the most successful team in the Australian Baseball League, Perth Heat, teamed up with the Bitcoin payment processor OpenNode. The lightning network enables the company to make or receive payments in BTC. According to the announcement, in addition to accepting payments from various streams, i.e. sponsorship and merchandise, the company could also make payments to employees and players in BTC. Perth Heat shows its strong commitment to the idea of BTC and has even renamed itself as “the bitcoin baseball team.The club also posted a Bitcoin branded item on its website. The announcement said that the club will include BTC on its balance sheet as part of the exclusive sports world. Perth Heat Chief Executive Officer Steven Nelkovski noted that if the underlying values of the Bitcoin protocol are adopted, it will “will inspire others to adopt a monetary system that requires added value to thrive.”
Additionally, Patrick O’Sullivan, the club’s chief bitcoin officer, said the club has already established an initial position at BTC to secure the company’s digital property rights on the world’s most secure currency network. He added that while the club will continue to reinvest available capital in BTC, the reality is that it is the Bitcoin blockchain that will feed the future of money and corporate coffers.
Australia embraces crypto
Australia was one of the cheapest countries to accept crypto. According to a recent poll by Crypto.com, Australians are equally interested in researching crypto. The survey found that 26% percent of 2,020 citizens between the ages of 18 and 59 buy crypto-related gifts for Christmas.
With the country ambitiously aiming to become a leader in the crypto industry, it is pretty obvious what this could lead to.