Amazon has not provided explicit reasons why it does not accept Bitcoin, but there has been plenty of speculation as to what they might be. The price of Bitcoin is more volatile than the price of many other government currencies accepted by Amazon, so there could be some challenges in terms of pricing products. It is possible that Amazon already has great deals in place with major credit card companies, such as Visa V and other payment processors.
One speculative theory is that Amazon founder Jeff Bezos is not a fan of Bitcoin, possibly because he is opposed to its unregulated and anonymous nature. This theory gained some traction after The Washington Post , which Bezos owns, published a particularly critical article in January titled "R. Another theory is that Amazon would like to eventually roll out its own digital currency. If that were the case, Amazon would likely avoid lending credibility to Bitcoin or open up its huge market to a competitor.
Amazon already launched Amazon Coins in for games, apps, and in-app purchases. El Salvador made Bitcoin legal tender on June 9, , making it the first country to do so. The U. Much has changed since then, and now Bitcoin is a bit more accepted across the world. Thus, now that Bitcoin is a bit more mainstream, does that mean Amazon will consider accepting it? In and , Amazon fueled speculation that it was about to accept Bitcoin when it purchased several cryptocurrency-related domain names.
More recently, in early , Amazon posted on its job board about hiring employees to work on a digital currency project in Mexico. The project is meant to allow customers in emerging economies to convert their cash into digital currency. As of July , it does look like Amazon is at least entertaining a foray into crypto, though whether that entails accepting it or creating their own remains to be seen.
This job post piggybacks on the early job posts entertaining the idea of building a digital currency. Another alternative is that Amazon might be building out a blockchain for its supply business that would integrate with Amazon Web Services. Nonetheless, this most recent speculation remains just that, with some analysts suggesting that Amazon may be no closer to accepting Bitcoin than at any time since the founding of the digital currency.
Even though Amazon does not accept Bitcoin, it does accept gift cards. Amazon digital gift cards act just like U. Some gift card hubs, such as eGifter. This process adds a small step and expense, but it is the quickest workaround to a direct Amazon option. The Washington Post.
The Associated Press. Financial Times. Your Money. Personal Finance. Your Practice. Buterin spoke of the potential for decentralized social media platforms on the blockchain, among other things. During "The B-Word" conference , an event hosted by the Crypto Council for Innovation, on Wednesday, Elon Musk said that Tesla will likely start accepting bitcoin for vehicle purchases again.
If so, Tesla will most likely resume accepting bitcoin. Amazon is looking to add a digital currency and blockchain expert to its payments team, according to a recent job posting. An Amazon spokesperson confirmed the posting, sharing a statement: "We believe the future will be built on new technologies that enable modern, fast and inexpensive payments, and hope to bring that future to Amazon customers as soon as possible.
The U. Department of Justice is reportedly examining whether the executives behind Tether, the largest stablecoin in use, committed bank fraud years ago, according to Bloomberg. Tether has been at the center of controversy for years now. There have been concerns about whether tether is being used to manipulate bitcoin prices and in , one study claimed the token was used to boost bitcoin during its huge rally. In May, Tether broke down the reserves for its stablecoin and revealed that just 2.
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На его страницах вышел материал о том, что технологический гигант Amazon рассматривает возможность добавления поддержки платежей с помощью. Как сообщило издание City A.M. со ссылкой на инсайдера, Amazon добавит поддержку платежей в биткоинах уже к концу этого года. Кожен внесок - це підтримка якісної журналістики. Команда sravni-ru-osago.ru дякує вам. Долучитись. Стоимость самой популярной в мире криптовалюты Bitcoin.