Bulgaria club jump on the Bitcoin bandwagon

Article posted by Coliseum, November 17^th, 2023

Image: Plovdiv Stadium, Ky4eee, Public Domain

PFC Botev Plovdiv, Bulgaria’s oldest soccer team, recently said it now accepts bitcoin payments at fan shops and catering points during matches. Fans that make payments using the top cryptocurrency anytime in the month of November are eligible for a 10 percent discount.

Profesionalen Futbolen Klub Botev AD, commonly referred to as Botev Plovdiv, or simply Botev, is a Bulgarian professional football club based in Plovdiv, Bulgaria. It competes in the Bulgarian Parva Liga, the top flight of Bulgarian football. Founded on March 11^th, 1912, it is the country’s oldest active football club.

The 18,777-capacity Hristo Botev Stadium is a football stadium currently undergoing reconstruction in the Kamenitsa neighborhood of Plovdiv, Bulgaria. It is the home of Botev Plovdiv.

‘Bitcoin.com’ stated that Bulgaria’s oldest soccer team, PFC Botev Plovdiv, has said fans and the general public can now pay for merchandise with BTC at the club’s fan shops and catering points in the Central Stand during the matches. The club said it is planning to avail this payment option for fans who wish to buy tickets.

Bitcoin is a decentralized digital currency and cryptocurrency. It was invented in 2008 by an unknown person named Satoshi Nakamoto. Bitcoin is exchanged through a peer-to-peer network without centralized authorities. It uses blockchain technology to secure and verify transactions.

‘Bitcoin.com’ further stated that club fans that make purchases using cryptocurrency in the month of November will get a 10 percent discount. Remarking on the club’s acceptance of bitcoin as a payment option, the club President Anton Zingarevich said, “We are excited about this technology, which is creating new opportunities and has the potential to become an integral part of our lives, just as it happened with the Internet.”

As per the report, PFC Botev Plovdiv has selected the self-hosted, open-source cryptocurrency payment processor BTCPay Server as its partner. The BTCPay Server Executive Nicolas Dorier said his firm’s focus in 2023 has been on the local adoption of bitcoin. Dorier added that BTCPay Server’s goal will “continue to support such transformative endeavors”.

Launched in 1912, PFC Botev Plovdiv plays in the Bulgarian Parva Liga, the top flight of Bulgarian soccer. The club reportedly believes taking this step helps cement its profile as a leader committed to making the game modern and more popular.

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