Amazon Preparing For Bitcoin Payments?

in #bitcoin7 years ago (edited)

This wonderful CryptoWorld is never shy of rumours and skepticisms but this recently article published by CNBC yesterday [Nov 1st] could reveal some big plans for the worlds biggest online shopping company, Amazon Inc.

  • Why wouldn't cryptocurrencies, the most efficient and cost effective way of transferring funds online internationally catch the eye of the biggest online sales giant? Question is, will Amazon soon accept Bitcoin or will it try and come up with their own version, regardless, it's gonna and will shake the market up. So lets take a look at the article.

Screen Shot 2017-11-02 at 5.15.12 PM.png

  • Amazon Inc. has recently purchased three domains all pertaining to cryptocurrencies, the first one:
  • Amazonethereum.com
  • AmazonBitcoin.com
  • Amazoncryptocurrency.com

Is this a divisive plan set to eventually add both Ethereum and Bitcoin as payment methods or is it uneducated assumption, I think it's a bit of both, if you look at the third reserved domain amazoncryptocurrency.com, I think this could be the website they'll use to explain cryptocurrencies to those looking to learn, or will it be the website for the Amazon cryptocurrency they plan to be releasing soon. Regardless, This seems to me like a legitimate reason to be filling my pockets with Bitcoin, though that's been my main priority since getting into cryptocurrency.

  • Everything is still so early especially Bitcoin, the race has just begun and were still at the starting line. Though Bitcoin carries quite a price with it now, when it breaks 6-figure digits will people look back and say it was too late in 2017? I don't think so, its clear that the cryptocurrency community is growing in popularity and more and more people are beginning to see the value and potential Bitcoin has. We've had everything thrown at us, CEOs - Celebrities - Critical Analysts, yet we've climbed out of the mud and shaken the bugs off.

  • We've already seen the impact Bitcoin has had in Venezuela, families beginning to mine bitcoin which has given thousands of families enough money to properly support their families again.

Feel Free to Share Your Thoughts Below! Don't Forget to Upvote & Follow if you found this informative :)
Be Sure To Follow For Daily Big Cryptocurrency News - @Theinvestornb

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