A movie theater.
I use the word "sycophant."
Cryptocurrencies are being added as a form payment at the movie-theater chain.
The company, which has more than 500 theaters, will accept dozens of digital payments through the Flexa network.
AMC is following the lead of its competitor. The meme-stock theater chain announced earlier this month that they would be accepting online payments in cryptocurrencies.
AMC Chief Executive Officer Adam Aron has capitalized on the large base of retail traders invested in the company and has promoted the use of virtual currency on social media.
Ken Thewes, Chief Marketing Officer, said in the statement, "This exciting partnership enables us to easily and quickly accept digital currencies, including dogecoin, stablecoins and bitcoin, across our theatre footprint in a simple and completely contactless way, providing our guests with the flexibility and
Whole Foods, Crate and Barrel, and Nordstrom are some of the brick-and-mortar chains that have added the payment method of bitcoins.
Cryptocurrencies have moved from the fringes of the finance world to the mainstream. As retail traders and cryptanalysts buy into digital assets, it has been on a wild ride. On Tuesday, it was worth $57,421.09 in New York.
Business Insider has an original article.
