Post
Topic
Board Economics
Re: Amazon will accept Bitcoin payment this year
by
sapnu
on 26/07/2021, 16:41:09 UTC
This is another good news as Bitcoin adoption is increasing year after year, there has never been a direct means to use Bitcoin as payment on Amazon, but there will be changes even before the end of the year. Amazon is already planning to add Bitcoin to its payment method, it was said that the directive is coming from the Amazon president, Jeff Bazos.

“This isn’t just going through the motions to set up cryptocurrency payment solutions at some point in the future – this is a full-on, well-discussed, integral part of the future mechanism of how Amazon will work,” she told City AM.

“It begins with Bitcoin – this is the key first stage of this crypto project, and the directive is coming from the very top… Jeff Bezos himself.”

The insider also explained that directors of the world’s fourth largest company were keen to move towards ticking off other big cryptocurrencies once it had established a fast and secure method of Bitcoin payment.
Just imagine how much progress and influence it can give to bitcoin if ever this is real and this would take place. There are millions of people who uses Amazon and patronize it and also it is one of the top five biggest company so just see how it would impact to bitcoin's current value and reputation. Just imagine how much trust has been given to bitcoin and for sure, lots of huge companies and organizations would follow through and will also include bitcoin as a mode of payment. It is a breakthrough for bitcoin and let us hope it would work properly so that bitcoin would be publicized even more.