The 2022 Barracuda Championship<\/strong> was special for a lot of reasons. Tahoe Mt. Club in California hosted the event from July 14 to 17, and the Old Course in St. Andrews hosted the 150th Open Championship<\/strong> on these same days. Furthermore, it was the first tournament in the history of the PGA Tour<\/strong> that accepted cryptocurrency payments.\u00a0<\/span><\/p>\n ADVERTISEMENT<\/p>\n Article continues below this ad<\/p>\n<\/div>\n \u201cWe are incredibly excited to take this first step in innovating the sport we all know and love,\u201d<\/span><\/em>\u00a0the tournament director, Chris Hoff,\u00a0<\/span>said<\/span><\/a>\u00a0about it. The Tour and its event wanted to become part of the new world by adding cryptocurrency as a payment method.\u00a0<\/span><\/p>\n ADVERTISEMENT<\/p>\n Article continues below this ad<\/p>\n<\/div>\n \u201cThe professional golf landscape continues to innovate and evolve,\u201d<\/span><\/em>\u00a0the championship director further added.\u00a0<\/span>\u201cWe are honored to usher the PGA TOUR into this new space.\u201d\u00a0<\/span><\/em><\/p>\n In November 2021, the price of the most popular cryptocurrency, bitcoin, reached $69,000, its\u00a0<\/span>record<\/span><\/a>\u00a0price. Soon after, all the organizations and people worldwide wanted to invest or buy the same. Similarly, the American Tour for professional golfers wanted to be a part of it too.\u00a0<\/span><\/p>\n A year before, cryptocurrency was the talk of the city; so is now. While the former discussion was about how to invest more in it, the people are currently talking about how everyone lost money because of it.\u00a0<\/span><\/p>\n The global market has been down for a while now, and so has the cryptocurrency market. The bitcoin price dropped below $16,000 this month, a year after it reached its record price.\u00a0<\/span><\/p>\n Notably, the Tour officials wanted to make cryptocurrency a payment method for all its events. However, the market fall led them to change it as well. There is no cryptocurrency option available as a payment\u00a0<\/span>method<\/span><\/a>\u00a0for buying tickets for the next week\u2019s RSM Classic.\u00a0<\/span><\/p>\n ADVERTISEMENT<\/p>\n Article continues below this ad<\/p>\n<\/div>\n The Seaside Course of Sea Island Golf Club will host the RSM Classic from November 17 to 20 this year. Last year, Taylor Gooch\u00a0<\/span>won<\/span><\/a>\u00a0the event with a 3-shot lead. Since he joined\u00a0<\/span>LIV<\/span><\/a>\u00a0Golf, the rival league of the PGA Tour, he will not be part of the field.<\/span><\/p>\n Although the defending champion will not be present at the event, the competition will be tough this year as the purse money has increased from\u00a0<\/span>2021<\/span><\/a>. $7.2 million was the purse of the event last year, but the field with players, including Tony Finau and Zach Johnson, will be playing for a massive $8,100,000\u00a0<\/span>purse<\/span><\/a>.\u00a0\u00a0<\/span><\/p>\n ADVERTISEMENT<\/p>\n Article continues below this ad<\/p>\n<\/div>\n Watch This Story: Immortal Athlete Tiger Woods Made a Room Full of Grown Men Emotional With His Heartfelt Monologue at the 2020 Masters<\/a><\/strong><\/p>\nCryptocurrency is not a payment option for the upcoming PGA Tour event<\/span><\/h2>\n
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<\/div>\n<\/div>\nCrypto or not, the players will have fierce competition at the RSM Classic next week<\/span><\/h2>\n