AMC Entertainment Will Be Ready By End Of 2021 To Accept BTC
leofinance·@doitvoluntarily·
0.000 HBDAMC Entertainment Will Be Ready By End Of 2021 To Accept BTC
<center>https://cdn.pixabay.com/photo/2020/01/21/20/27/theater-4783908_960_720.jpg</center> AMC Entertainment is a cinema operator with hundreds of cinemas around the United States and it also has hundreds of theaters in other parts of the world as well. AMC is the largest [movie theater chain](https://en.wikipedia.org/wiki/List_of_movie_theater_chains) in the world today. And they are about to start accepting bitcoin for payment. The company's CEO has suggested that they will have the technology in place by the end of the year to make [this happen](https://www.reuters.com/technology/amc-entertainment-will-have-technology-receive-bitcoin-payment-by-year-end-ceo-2021-08-09/). You can already use Bitcoin to pay for a variety of goods or services, in one way or another, but the fact that it will be accepted by the largest movie theater chain in the U.S. as payment is significant. After making this change it will enable millions of Americans to easily exchange their bitcoin for movie tickets if they want and other goods once that system is in place for them to accept the payment. <center>https://cdn.pixabay.com/photo/2018/03/07/19/41/blockchain-3206918_960_720.png</center> With this [recent announcement](https://www.cnbc.com/2021/08/09/amc-says-it-will-accept-bitcoin-as-payment-for-movie-tickets-by-year-end.html) we can only wonder what business chain might be next in announcing their plans as well to accept this cryptocurrency as payment for goods or services. > "I've had to learn more in the past six months about blockchain and cryptocurrency than I learned about it in the entire decade before that...This increased knowledge has given me the confidence to tell you all today that AMC is hereby formally announcing... that by year's end we will have the information technology systems in place to accept Bitcoin." CEO Adam [Aron](https://www.bbc.com/news/business-58163914) and it might not stop there either. > "We also are in the preliminary stage of now exploring how else AMC can participate in this new burgeoning cryptocurrency universe, and we’re quite intrigued by a potentially lucrative business opportunity for AMC if we intelligently pursue serious further involvement with cryptocurrency,” - [CEO Adam Aron](https://www.nasdaq.com/articles/four-reasons-why-amc-is-accepting-bitcoin-now-2021-08-12) Maybe in the near future they might accept multiple forms of cryptocurrency as payment and not just Bitcoin. *not financial advice*
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