Image source: [https://cointelegraph.com/news/unverified-rumor-circulating-that-amazon-may-accept-bitcoin-by-october)
Rumors are circulating that Amazon may begin accepting Bitcoin as a payment method this October. The rumors appear to stem from a recent report on squawker.org, Some surveys have indicated that the company would have a financial reason to do so, but no official announcement has been made.
The squawker.org article references a mention in investor James Altucher’s newsletter. According to the source, Altucher is an experienced trader who many believe could have pre-announcement information. The article comments:
“James Altucher has (co)founded more than 20 companies, authored 11 books, and has been a contributor to several major publications.He is a former hedge fund manager and venture capitalist turned activist blogger/podcaster and offers a subscription based mailing list – the source of the Amazon information.”
News source: www.cointelegraph.com
CHECK OUT MY PREVIOUS POSTS:
Bitcoin All-Time-High on Google Trends - 91% strong correlation with its price
Why China (or governments) can’t stop crypto
ETHEREUM’S RAIDEN VS BITCOIN’S LIGHTENING – What’s happening?
SEE THE CHARTS! Segwit progressing slow but already helping ease congestion in the Bitcoin network
Follow me for news and commentary on investing in crypto-currencies.
Happy crypto investing!