Why AMC can’t accept dogecoin for movie tickets yet, according to Elon Musk

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Dogecoin is one of the cryptocurrency highlights of the year, but not because the digital token is actually useful. The meme coin reached new highs earlier this year, with Elon Musk partially responsible for the price increase. The currency rose more than 22,500% in the first five months of the year, from well under a cent to over $0.70 per coin. And Musk contributed to doge’s tumble as well. The Tesla exec’s tweets helped tank the bitcoin price in the process, and the entire market fell in mid-May. But fast-forward to mid-September, and theater chain AMC is thinking about allowing customers to pay for tickets using the well-known meme coin. Unsurprisingly, Musk has an opinion about doge payments for movie tickets.

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The post Why AMC can’t accept dogecoin for movie tickets yet, according to Elon Musk appeared first on BGR.

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Why AMC can’t accept dogecoin for movie tickets yet, according to Elon Musk originally appeared on BGR.com on Thu, 23 Sep 2021 at 21:09:38 EDT. Please see our terms for use of feeds.

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