I highly doubt that. RainbowKun makes decent posts and I see no reason for him to create an army of shitposters.

This may be a rumor，But does not hinder our discussion.
Amazon may soon allow users to pay in cryptocurrencies like Bitcoin

The most important news today is Amazon’s focus on Bitcoin and other cryptocurrencies, and will accept Bitcoin payments at the end of the year.
Within a few hours of the news, the price of Bitcoin rose from 32,000 to 40,000.

So what difficulties will Amazon suffer from accepting Bitcoin?
1.btc must solve small retail transactions，it must also be a large number of small transactions.I don’t know which solution to use，Maybe the time node of accepting btc payment at the end of the year is to wait for Taproot to complete，maybe even plan to use the P2P trading model of centralized exchanges.

2.If Amazon wants to release its own cryptocurrency, it is likely to be suppressed by the United States. According to previous experience when Facebook planned to release libra, issuing its own cryptocurrency may be a restricted zone in the United States.（btw I feel the "richest man effect" continues）

3.Can U.S. regulators pass Amazon’s idea?They accepted Tesla's Bitcoin payment before.But, Amazon and Tesla are different. Tesla may have fewer customers and a single product. But Amazon’s customers are thousands of ordinary people.

Regardless of whether this goal can be achieved in the end, at least it is a good thing for the short-term or medium-term market.


The impact of this news on the market has the following points
1.When the news was just announced.It is now. This is a very clear good news, which directly increases the price of Bitcoin.

2.Will more companies accept Bitcoin payments in the future?

3.Companies really make Bitcoin payments a reality.

In short, such news is a good thing for Bitcoin.
So what do you think are the difficulties that need to be overcome in order for companies like Amazon to accept Bitcoin payments?

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https://purse.io/shop
Although Amazon does not directly accept Bitcoin payments, it seems that you can purchase gift cards through Bitcoin.

In the previous article, I came to an important conclusion that Bitcoin was created not essentially for human use, but for computer use, that is, for machine or artificial intelligence. It is essentially a currency of the computer world, representing the evolutionary direction of a new civilization of mankind---Digital Civilization.


Bitcoin leads mankind from the world of atomic physics into digital Bit world. We are moving toward a high-level civilization.

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How would Bitcoin achieve that? First, let's take a look at the basic properties and essential characteristics of Bitcoin.


Put all the external information aside, Bitcoin is actually a ledger composed of databases. It is built on the foundation of mathematics. The followings are its primary characteristics:

• 1. The Bitcoin network is a distributed database, which is presented in the form of blockchain, whose main function is to store information. Any information that needs to be saved can be written into the parent chain of Bitcoin, recording transaction information for this ledger;

• 2. Its parent chain is of distributed storage for information with no centralized server or administrator. It is peer-to-peer and completely decentralized.

• 3.It adopts cryptographic algorithms to ensure that existing data is not tampered with. It has two features: cryptographic hash function and asymmetric encryption. The former guarantees that no data is changed while the latter has two keys, one public and the other private. Supposing one key is used for encryption, then the other is the only option in decryption. That is the basis for Bitcoin to establish trust and to accomplish machine trust through technical means.

• 4. It employs consensus algorithm to reach consensus on newly added data. The purpose of this algorithm is to allow all nodes to approve the new comer. Here, algorithm refers to rules and laws that all actions on this chain must abide by.

• 5. Data, valueless itself, can be endowed with value by consensus mechanism in Bitcoin, especially by collective consensus.

• 6. Value is circulated in the form of token, which can be divided and circulated. Therefore, the value created by collective consensus can be divided and circulated consequently. Bitcoin is a form of value storage.

Now we can see the nature of Bitcoin is a ledger, documenting all human data and giving value to these date, tamper-proof thanks to encryption algorithm, by collective consensus. That is the cornerstone of Bit Civilization.


We developed blockchain technology and built a prosperous crypto world on the basis of the underlying technology of Bitcoin. When the encrypted world transforms the traditional world little by little, all human assets, information, behaviors, actions, etc. can be sorted into data that can be written on blockchain and circulated in the form of token. Varied consensus mechanisms enable these data to generate value, become digital assets, and finally realize the division and circulation of these digital assets through smart contracts on the chain.


In this way, all human behaviors can be checked on blockchain in the form of data, which could be exchanged and transferred with the help of code, algorithm, rule and smart contract.


Essentially, it is humans who are machined and digitized. Bitcoin is leading human beings to migrate from the world of atomic physics to digital Bit world.


Blockchain puts all data on chains to digitize and capitalize them, creating a brand new digital world where humans can work, study, live, get reward, trade and transfer assets freely. By that time, many of our work partners may no longer be humans, but different types of robots, some Silicon-based life forms. Blockchain functions as a common language.


So I said that Satoshi Nakamoto created a brand new world for mankind. Bitcoin, in substance, linked the atomic physics world of Carbon-based civilization with the digital Bit world of Silicon-based civilization. As Bitcoin transforms the existing world of mankind, these two worlds will eventually merge into one and evolve into a more advanced human civilization--- Bit Civilization.