In today’s crypto news, Adam Aron just announced you will have the ability to purchase gift cards online or at an AMC movie theater with Dogecoin cryptocurrency using a BitPay wallet.
Adam Aron announced sometime in September AMC Entertainment would be looking into accepting the purchase of movie tickets online with Bitcoin by the end of the year.
After a few polls on Twitter, the CEO has agreed to implement Dogecoin and other cryptocurrencies as well.
Welcome to Franknez.com – great news today from the CEO and President of AMC Entertainment. Adam Aron continues to surprise the world yet again.
Let’s get started!
AMC Entertainment Is Now Accepting Cryptocurrency
Adam Aron first announced the idea of accepting Bitcoin and other cryptocurrencies as form of online payment during the quarter 2 earnings conference call this year.
The conference call surprised the world and made several headlines. Well now this vision has come to fruition and retail investors can now purchase gift cards without the USD.
This shift is going to create a domino effect where more companies will begin to soon follow.
If you’ve been able to multiply your USD through cryptocurrency, then your purchases can essentially be free to some extent.
Leveraging your gains from cryptocurrency could be a bargain to getting deals from your favorite brands. I’m personally sticking to building wealth though.
No matter, this news is extremely bullish and shows the strong innovation behind this century old movie theater chain.
I wouldn’t be surprised if we begin to see Dogecoin rise again. I’m extremely bullish on AMC stock too and look forward to seeing both these assets reach the moon.
What Other Companies Are Accepting Dogecoin?
Here’s a list of companies accepting the purchase of credit cards with BitPay Wallet right now:
- AMC Entertainment
- American Eagle
- Barnes & Nobles
- Bass Pro Shops
- Bath & Body Works
- Bed Bath & Beyond
- Burger King
- Guitar Center
- The Home Depot
The list goes on and on. The acceptance of cryptocurrency goes to show just how valuable companies now think digital currency is.
They understand that over a period of time, that crypto can be worth a significant amount of money more since the date of its very first transaction.
So, should you spend crypto on retail stores and companies? I personally rather invest in them long term.
Bitcoin is up almost 400% this year, Dogecoin is up more than 9000% compared to 1 year ago.
The best way you can leverage your crypto to experience your favorite brands would be to use a percentage of your gains. This way you don’t touch the principle on your investment nor the full amount on your gains.
By using this leverage as a lifehack, you’ll be able to not only multiply your hard earned money, but also take advantage of bargains and deals.
Will You Be Using Crypto To Buy AMC Tickets Or Gift Cards?
Leave me a comment below. I would love to know your take on this. Do you see yourself using crypto to buy AMC tickets? Do you see yourself using cryptocurrency to buy anything from your favorite brands at all?
Since these assets are going up in value over a period of time, I think the best way you can leverage your crypto is once you’ve made quite some significant gains!
I certainly see myself leveraging my gains if it means only a very small percentage of my gains will be used for entertainment or recreational purposes.
I mean, you certainly don’t want to give up your entire earnings right!? Otherwise it would defeat the purpose of using crypto to multiply your earnings in the first place.
Cryptocurrency Lifehack Will Be Good
I think that if managed properly, cryptocurrency could be a great lifehack as I’ve explained above. Financial literacy is already difficult for most to get a grasp on.
But I think that most people who are already investing in cryptocurrency are financially literate to the point where they understand they need to move their money to make more money.
By leveraging our gains properly, I think we might just have the opportunity to add a ton of value to our lives as both consumers and investors.
And if you haven’t diversified enough to have crypto in your portfolio, I suggest using the exchange Kraken to buy your cryptocurrencies.
And lastly, if you enjoyed this post please be sure to share it. I’d appreciate it very much. Thank you for being here, hope to hear from you below.