Notes

Amazon is not taking cryptocurrency payments, Yet

The rumors are in and they are all about Amazon's supposed venture with the fabled digital currencies of today. According to rumors, Amazon may be building a cryptocurrency system. According to rumours, Amazon is planning to introduce a Bitcoin payment system in the year 2019. It is believed that these plans were commissioned by Jeff Bezos and are still in the advanced stages.Furthermore, it is believed that Jeff Bezos directly ordered this cryptocurrency move. According to the rumor mills, Amazon also plans to create their own cryptocurrency. These rumors are supposedly from an insider so they should be reliable... Rifght?

Apart from Bitcoin, other well-known cryptocurrencies are said to be included in Amazon's move. These include Ethereum, bitcoin cash as well as cardano and cardano. Once Amazon releases its own crypto, they will also apparently create a rewards system specifically if customers use their own coin on the site. If you are curious when we can actually see these rumors come to life, people are saying that it will actually be very soon.

Because this, the prices for cryptos skyrocketed. blockchain stocks was quite weak for several weeks. The value of Bitcoin increased to $40,000 because of the report. blockchain companies has not been repeated since June 2nd, 2016. Also, this news has positively affected the prices of all other cryptocurrencies. The price of dogecoin increased over 14% between Sunday, and Monday.For instance, the price of dogecoin rose by 14%..About 14% dogecoin prices were up by 14%..

Now, the question is, is this gossip actually legit? The downside is that Amazon closed it down immediately. Honestly speaking, the rumors were easy to believe because Amazon expressed interest in cryptocurrencies and blockchains in the past. The rumors were based on the fact that Amazon has expressed an interest in cryptocurrency and blockchains in the past. PayPal, Tesla, SpaceX and other large businesses have all announced they will be using cryptocurrency in their systems. For cryptocurrency users, the good news is that their announcement is a blanket statement which means the rumors could still be a possibility. "In fact, we were focused on investigating this for customers shopping at Amazon ." Nevertheless, Bitcoin still experienced a setback from its $40,000 price to $37,500 after Amazon's immediate rebuff.

Amazon said that they're still looking into cryptocurrency. blockchain companies claimed that, since cryptocurrency is an inevitable feature in the future and is a necessity for investigate the currency. What is the reason Amazon deflect any rumors suggesting that Amazon would utilize cryptocurrency in the near future? It could simply be that they haven't yet proved that they have a cryptocurrency system through Amazon.


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