Entertainment company leaves Dogecoin off list of cryptocurrencies it will accept as payment — prompting backlash
Last week, the world’s largest movie theater chain, AMC, announced it will accept Litecoin, Ethereum and Bitcoin Cash for online ticket purchases. The announcement, made via Twitter, followed an earlier statement in August confirming that the company would add Bitcoin as a payment option before the end of the year. The updated list sparked debate on social media after the Dogecoin community felt overlooked.
Dogecoin holders flooded the comments on AMC’s announcement, asking why DOGE was excluded. Many argued the meme cryptocurrency is commonly used for payments and should be treated at least as favorably as some of the listed assets. Several fans urged the company’s CEO, Adam Aron, to consider accepting Dogecoin for concessions and online ticket sales.
It appears Aron took those requests into account. Yesterday the AMC chief posted a poll on Twitter asking followers for their view on whether the company should accept Dogecoin.
“I genuinely want your feedback via this Twitter poll. By the end of 2021 AMC will accept Bitcoin, Ethereum, Litecoin and Bitcoin Cash for online payments. I’ve heard from many on my Twitter feed that we should also accept Dogecoin. Do you think AMC should consider accepting Dogecoin?” the post read.
The tweet drew thousands of responses. At the time of writing more than 114,000 users had voted, with the majority supporting the addition of DOGE. Seventy percent selected “Yes, of course do it,” while another 8% chose “Yes, but I won’t use it.”
Fifteen percent of voters opposed accepting the cryptocurrency, calling the move unnecessary, and the remainder said adding another coin would be unimportant. With about seven hours left in the poll, supporters appeared likely to form a strong majority.
If AMC updates its list to include Dogecoin, the theater chain would join a growing number of companies accepting the meme token. Other organizations that have adopted DOGE for payments include the NBA’s Dallas Mavericks and online retailer Newegg.
At the time this article was written, Dogecoin ranked as the tenth-largest cryptocurrency by market capitalization, valued at approximately $27.5 billion.