Kargai Posted September 19, 2018 #1 Posted September 19, 2018 We all know the giant Amazon which represent almost 40% of the total online sales in the USA. It made sense that they'll want to implement crypto payment at one point, but will they offer an already known crypto (as BTC) or their own one ? Both ? In this article the author believe Amazon will launch his own one at one point in the future : https://townhall.com/columnists/jeffbrown/2018/09/19/future-wealth-why-amazon-will-launch-its-own-cryptocurrency-n2520178 He see multiple reasons why they could do it : they registered some domain names around crypto, they usually are big with new tech (cloud services, the Echo, Kindle, and Fire devices) and they have a large community + a full ecosystem to run the coin on (purchase object, buy app & e-books, buying services, ...). Basically all they lack is an exchange where people could buy their coins vs real money and spend them when prices are more interesting for them. Not a so big deal. So what are you thinking about it? Do you believe we will see an Amazon coin soon ?
peel1 Posted September 19, 2018 #2 Posted September 19, 2018 it will def happen and when it happens ill def invest in some
cryptosfr Posted September 19, 2018 #3 Posted September 19, 2018 I dont think amazone need a decentralised money they already have a secure payment systyem with Twitch bits. But maybe they gonna create a crypto actif like ripple did ... and we could invest more in amazone ^^ they arent rich enough ^^
Kate Posted September 19, 2018 #4 Posted September 19, 2018 If they do it then they should maintain the price at a stable rate like tether
wry Posted September 19, 2018 #5 Posted September 19, 2018 They basically already have Amazon USD via their Amazon cash and gift cards. Not sure what a crypto would get them, but they seem to be bit on trotting out anything that will get them some headlines. I would not expect it unless BTC moons again and crypto is getting lots of good press.
bmg Posted September 19, 2018 #6 Posted September 19, 2018 I really don't see any point in them doing that. I agree with weary the Amazon cash and gift cards gift cards seem to be enough. But you never know it could be successful we'll just have to wait and see
icoinvesting Posted September 20, 2018 #7 Posted September 20, 2018 Amazon sees big money in it, but is not it too late? Generally, I believe that if Bitcoin suddenly fell, someone with great authority would propose their own currency.
williamshennie9 Posted September 20, 2018 #8 Posted September 20, 2018 I can't see Amazon doing this - I can see them more readily accepting a variety of crypto currencies, and having complete support for it
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