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How the Cryptocurrency Movement Is Helping NASCAR

Earlier this year, longtime NASCAR fans experienced a bit of a culture shock when a group of fans from Reddit.com got together to pool their resources and sponsor Josh Wise's Phil Parsons Racing entry with Dogecoin livery. Dogecoin, a cryptocurrency worth a fraction of a cent, has adorned Wise's No. 98 three times already this season, with its final appearance coming up in the fall at Talladega Superspeedway. Despite the new presence of cryptocurrency in the world of NASCAR, it was met with more head-scratching and venom than positivity and goodwill. Of course, this is cryptocurrency. It's Internet money, which is a complex and elaborate topic that goes against the grain of what longtime NASCAR fans know and understand when it comes to...

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Posted in MotorSports.