Oakland Athletics to accept Dogecoin as currency

It’s a doge’s life for some baseball fans hoping to pay with cryptocurrency.

The Oakland Athletics, a Major League Baseball team in California, will accept Dogecoin as a form of payment. Two-seat pods for its series against the Toronto Blue Jays will go for 100 Dogecoins, it announced Tuesday.

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Once valued at a fraction of a cent per token on cryptocurrency exchanges, Dogecoin, the cryptocurrency started as a joke based on the “doge” meme, has soared in popularity due to its viral appeal. Tesla CEO Elon Musk has been a particularly vocal champion of Dogecoin, calling it “the people’s crypto.”

Cryptocurrencies have become increasingly accepted as forms of payment. The most popular cryptocurrency, Bitcoin, which eclipsed a $1 trillion market valuation in February, is accepted at many major companies, such as Microsoft, Home Depot, and Starbucks.

Governments are also taking interest in cryptocurrency, with the city of Miami authorizing a commission to commence studies on the use of cryptocurrency for city services.

“I’ve been a crypto guy since the beginning,” said Mayor Francis Suarez in February. “I believe in the sort of the underpinnings of it, the mathematics behind it. I’m fascinated by the way that it came about.”

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While Bitcoin has been around since 2009, the latest Q1 2021 report from cryptocurrency exchange Coinbase posted $1.8 billion in revenue for the year, more than it brought for all of 2020.

The Athletics will welcome the Blue Jays for three more games in Oakland Tuesday through Thursday nights. The Athletics won the first game of the series Monday night 5-4.

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