Some Movie Theaters To Start Accepting Bitcoin

Some Movie Theaters To Start Accepting Bitcoin

Written by Huzaifa Khan on June 15, 2015.

For those of you that are human and breathing, you've probably heard of the term "Bitcoin" and wondered what it actually was. Well, now this confusingly popular digital currency has a new use; movie tickets. Specifically purchasing them, which you will be able to do starting with this year's Sundance Film Festival hit Dope.

According to a press release, Open Road Films, which landed the distribution rights to Dope back in January, has partnered with MovieTickets.com and GoCoin to begin accepting Bitcoin at participating theaters across the nation. GoCoin, "the leading international payment platform," plans to provide their services for people to use the alternative currency at 900 of the 2000 theaters where the Rick Famuyiwa-directed indie comedy-drama will open this weekend, and you can buy tickets online beginning today, June 15.

More than anything, they seem to be latching onto what Open Road Chief Marketing Officer Jason Cassidy calls, a "fresh, innovative, and cutting edge" film, which is Bitcoin’s whole deal. Sure, partnering with Terminator Genisys might make more thematic sense, but intelligent machines taking over the world might be sending the wrong message.

Dope hits theaters on Friday June 19th, 2015. For all things digital and dope, keep it saved at KhanFlix.