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

So AMC is going to accept Bitcoin as payment. 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.

Tesla, AMC, and all the other businesses "now accepting bitcoin" 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.