PSA: Businesses who accept Bitcoin do it for marketing, not financial efficiency.
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PSA: Businesses who accept Bitcoin do it for marketing, not financial efficiency.

<!-- SC_OFF --><div class="md"><p>So <a href="https://ca.finance.yahoo.com/video/amc-accept-bitcoin-payment-says-132504887.html">AMC is going to accept Bitcoin as payment</a>. As great as that is for mainstreaming adoption of crypto, hardly anyone is going to shell out BTC to see a movie. They'd become another infamous pizza story.</p> <p>Tesla, AMC, and all the other businesses &quot;now accepting bitcoin&quot; do it mainly as a marketing ploy. Don't get me wrong, it's great for crypto to see businesses wiling to accept it, but no one in their right mind would throw down 3 BTC for a tesla today.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/njozz"> /u/njozz </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p1ss65/psa_businesses_who_accept_bitcoin_do_it_for/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p1ss65/psa_businesses_who_accept_bitcoin_do_it_for/">[comments]</a></span>Kind Regards R
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