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US Olympians turn to Bitcoin to fund cost of competing

US Olympians turn to Bitcoin to fund cost of competing
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In what may be the first of its kind for the quadrennial games, American lugers are accepting cryptocurrency donations to help fund their Olympic ambitions. While a trickle so far — the U.S. luge team got about $25 worth of Bitcoin donations after its star athlete won a silver medal last week — the fundraising arm of the team is aiming for cryptocurrencies to make up a bigger part of future finances.

Read the full story at https://www.bloomberg.com/news/articles/2018-02-22/u-s-olympians-turn-to-bitcoin-to-fund-cost-of-competing

SOURCE: Bloomberg

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