Post
Topic
Board Economics
Re: Amazon and Bitcoin
by
LennyKo
on 05/11/2017, 22:21:44 UTC
Well, the rumor is already there.Amazon may have no plan to accept cryptocurrency now, but Amazon’s attitude matters greatly. It’s reasonable to assume that if Amazon eventually accepts cryptocurrency, the entire market could be lifted.

Note, on October 31, Amazon registered three domains related to cryptocurrency, sparking speculation that Amazon may soon begin accepting cryptocurrency. The domains are amazonethereum.com, amazoncryptocurrency.com, and amazoncryptocurrencies.com. Amazon already owns the “amazonbitcoin.com” domain name.

This is not the first time a rumor has circulated that Amazon will accept digital currency. A few weeks ago, there was news based on sources in Silicon Valley reporting that Amazon could soon integrate Bitcoin as a payment option.