AMC theaters confirm when DOGE and SHIB payments will go live according to the CEO Adam Aron so let’s find out more today in our latest Dogecoin news.
The CEO of AMC theaters confirmed that the company will introduce DOGE and SHIB payments later this month. After speculating that it will add the two biggest memecoins as payment methods, AMC Theatres confirm that they will add DOGE and SHIB by March 19th. Mobile users will be able to utilize Shiba Inu and DOGE for payments in mid-April.
This might rev up the Cryptocurrency fans amongst you. AMC IT says that BitPay will be live for AMC online payments on our web site by March 19, and live on our mobile apps by April 16. Possibly a few days earlier. BitPay, and therefore soon AMC, accepts Doge Coin and Shiba Inu. pic.twitter.com/M8lM3Rz2vY
— Adam Aron (@CEOAdam) February 28, 2022
AMC theatres are among the biggest movie chain theatres in the world and it interacted with crypto space for over a year or so by allowing clients to purchase tickets and other goods via BTC, ETH, and other assets. However, most customers demanded the addition of memecoins like DOGE and the self-proclaimed DOGE-killer Shiba Inu. Aron seemed to have listed to his clients but the process was quite sluggish and at first, the company adopted Doge for only digital gift cards and promised to do more at later times.
In November 2021, Aron informed that the addition of Shiba Inu is next on schedule but the team required some more time to complete the technical aspects. After a tweet from a few days ago, the company’s CEO indicated that AMC partnered with BitPay to start accepting online payments with the two tokens on the website starting from March 19th. The mobile app users will also be able to make such transfers by April 16th.
As recently reported, The DOGE co-creator bashed memecoins and it is not really keen on other meme coins. The creators of such projects are trying to only get rich on the back of individuals that are looking for faster profits. In the recent tweets, Markus based other memecoins. While his digital currency Dogecoin was established as a way to make fun of the coins and represent his irony, Shiba Inu and other copycats look like a financial pyramid he said. Markus accused the creators of memecoins of lying about their project’s nature and making ridiculous promises that can lure investors into schemes so in most cases the assets aim to grab the attention of Elon Musk that popularizes them.
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