AMC theaters are now accepting cryptocurrency, as AMC’s chief Adam Aron revealed his company would also accept Ethereum and other coins. In addition, Bitcoin Cash, Litecoin, Ethereum, and Bitcoin are now acceptable by AMC Theaters.
The company said in August that it would start accepting bitcoin, the most popular cryptocurrency. They have now announced they will begin by December of this year.
Adam Aron Stated via Twitter,
“Cryptocurrency enthusiasts: you likely know AMCTheatres has announced we will accept Bitcoin for online ticket and concession payments by year-end 2021. I can confirm today that when we do so, we also expect that we similarly will accept Ethereum, Litecoin and Bitcoin Cash”.
Aron cannot miss a good opportunity and has been betting on cryptocurrency since he saw the market’s reaction towards memes in early 2021. Then, when his company won an award from blockchain contractor last year, this pushed him over the edge for making it happen with crypto adoption at theaters.
Using cryptocurrency is becoming increasingly popular as companies like PayPal make it easier to hold and use virtual money. one of the main challenges with crypto is that it can be volatile and expensive to use.