Following AMC CEO Adam Aron tweet where he indicated that Dogecoin may be accepted as a payment option at its theatres in the future, Elon Musk says Dogecoin fees need to drop before becoming a viable option for retail purchases .
Musk responded to Twitter user Shibetoshi Nakamoto, also known as dogecoin co-creator Billy Markus, saying, “It’s super critical for Doge fees to lower to enable things like buying movie tix viable.”
“AMC CEO not only talking about adopting Dogecoin but also claiming it was the most interacted with tweet he has ever made, the crypto market finally seeing some green,” Nakamoto tweeted.
Aron questioned his Twitter followers on Wednesday if the movie theatre business should accept cryptocurrency as payment. According to Aron, almost 77% of respondents, or about 140,000 people, voted in support of the notion.
It was not only his “highest ever read tweet,” but it also drew Musk’s notice. Following the results, Aron wrote, “It’s evident that you think AMC to accept Dogecoin.” “We’ll have to figure out how to achieve it now. Keep an eye out!”
According to cryptocurrency trading platform Coinbase, a single dogecoin is now worth around 22 cents, up more than 8,000 percent in the last year.
Starting later this year, the movie theater chain plans to take Bitcoin, Etherum, Litecoin, and Bitcoin Cash for online payments.
