This story was originally published on December 8, 2015. Shortly thereafter, Craig Wright scrubbed much of his digital presence and disappeared for months—until May 2, 2016, when he publicly announced that he is the creator of Bitcoin.
It’s going to unshackle us from the oppressive dungeon of fiat currency! But also criminals and rogue cops use it to do nefarious drug stuff! Digital currency is often defined by its volatile hype cycle. And yet its most promising feature is incredibly mundane-sounding: a bookkeeping system called “the blockchain.”
ESPN has found a new sponsor for the St. Petersburg Bowl, jettisoning Beef O'Brady's in favor of...wait for it...Bitcoin. Yes, there is going to be a college bowl game next year that will be sponsored by the made-up crypto-currency that your annoying libertarian cousin won't shut up about.
The Sacramento Kings will become the first pro sports team to accept BitCoin. Great news for all nine of their fans.