NBA: Sacramento Kings become first pro sports team to use Bitcoin

After Overstock.com became the first major commercial outlet to accept the currency, sales skyrocketed, with almost $126,000 in Bitcoin transactions completed in just one day. Overstock CEO Patrick Byrne predicts that Amazon.com will soon follow suit, and some people wonder if the IRS will finally be forced to figure out how to handle the currency, which can already be used to pay taxes in the U.S.

Article source: http://www.thestar.com/sports/basketball/2014/01/16/nba_sacramento_kings_become_first_pro_sports_team_to_use_bitcoin.html

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