Post
Topic
Board Economics
Re: Amazon will accept Bitcoin payment this year
by
Kasabus
on 26/07/2021, 22:22:15 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.
amazon sees huge potential in Bitcoin. amazon is the largest ecommerce in the world and for sure this will take Bitcoin to a high bull. just waiting for ebay and alibaba to accept Bitcoin then we will see Bitcoin pass $200k.
Good things are still coming though and hopefully not just amazon but all those big stores and companies should start looking forward to accept bitcoin too. In this way, not just a high bull run will definitely happen in the next months but adoption for crypto as its bound to coexist with fiat will now be very possible in the nearest time. Once amazon will finalize their decision and come up with acceptance of bitcoin, then we can expect that this market will suddenly turn into bullish one.