AMC Will Start Accepting Shiba Inu Coin In Early 2022, CEO Confirms

Cinemagoers will soon be able to pay using Shiba Inu Coin (SHIB) after AMC CEO Adam Aron confirmed the company will begin accepting SHIB as an online payment next year.

Announcing the decision on Twitter, Aron revealed he personally lobbied BitPay, the blockchain payment company used by AMC, to support Shiba Inu, which recently hit 1 million holders.

“AMC will be the first BitPay client to accept Shiba Inu,” he said.

AMC To Accept SHIB Payments

The launch of SHIB support will happen within 60 to 120 days, Aron said. This means Shiba Inu hodlers can expect to pay with their SHIB from any time between January 14, 2022, and March 15, 2022.

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This comes after a Twitter poll by Aron that asked if AMC should accept SHIB gained 153,000 votes - 86% of which were in favour.

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AMC currently accepts Bitcoin, Ethereum, Bitcoin Cash and Litecoin. Before adding SHIB support, AMC will begin accepting Dogecoin online, too.

Following Aron’s announcement, the ShibArmy celebrated the decision as another step towards mainstream adoption.

The official Shiba Inu account thanked Aron in a tweet. “We love SHIB and we love movies,” it said. “Thank you to [Adam Aron] and BitPay, we are excited to have you form part of the ShibArmy family.”

Tyler Winklevoss, the founder of cryptocurrency exchange Gemini, which also started accepting SHIB this week, celebrated the decision.

BitPay is not the first payment provider to support SHIB, however. The likes of NOWPayments already allow customers to spend SHIB on its supported platforms. Despite the several petitions lobbying the company, Amazon does not currently accept SHIB, and Tesla looks more likely to implement a DOGE payment method, too.

Read More: Shiba Inu Ecosystem Expands With The 'Dog Park'

[Image: Donreál Lunkin/Unsplash]