Do you want buy some popcorn with that?

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According to the Washington Post, AMC will allow customers to pay for popcorn and movie tickets with bitcoin by the end of the year.

Questions:

  1. What has happened to AMC’s stock price since the first of the year?
  2. As of this week, how many AMC movie tickets could be bought with a single bitcoin?
  3. AMC joins what other companies in accepting bitcoins?
  4. Why has the cryptocurrency lobby become such a powerful force in Washington, D.C.?

Source:

Telford, T. (2021). AMC will let customers pay in bitcoin by the end of 2021. The Washington Post, Aug. 10 (Retrievable online at https://www.washingtonpost.com/business/2021/08/10/amc-bitcoin-accept-earnings/)