AMC theaters will start accepting Bitcoin this year

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Avatar for KattiKhels
3 years ago
AMC theaters will start accepting Bitcoin this year

Pondering what to do along with your Bitcoin stash now that you can't purchase a Tesla? It could be time to capture a big-screen flick.

According to CNN, AMC has announced that it plans to acknowledge Bitcoin as installment for tickets and snacks at all US theaters by the conclusion of 2021. Company chief Adam Aron didn't say how you'd make those installments, but he did imply that AMC was too inquiring about other ways it might connect the "burgeoning cryptocurrency universe."

American theaters ought to moreover bolster  Apple Pay and Google Pay for online buys by the conclusion of the year, Aron said.

The official clarified the choice as a result of his stretch on the board of Centricus Procurement Corp, a temporary worker for the blockchain company Arquit. And yes, the Reddit meme stock frenzy played a part —Aron is mindful that numerous of AMC's as of late included shareholders are "very excited" approximately cryptocurrencies. He's trusting the tech devotees who pumped up his company's stock esteem will be visit clients, to put it another way.

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