And accept Crypto Currencies...
And a Cryptocurrency Exchange, if so hang onto your hats, cuz Alibaba and others will be right behind.
It has been revealed that Amazon has purchased and secured three domains:
- amazonethereum.com
- amazoncryptocurrency.com
- amazoncryptocurrencies.com
Well even though nothing official has come from Amazon, it is really only a matter of time. We have so few crypto storefronts such as small store fronts and websites (I accept BTC and LTC, but will of course take others), then there are a few medium sized businesses like: Overstock.com, Tesla, Intuit, etc.and of course some bigger players like Microsoft, PayPal, DISH Network, ReMax and others. But this is more one off type transactions than mainstream.
So the first Mega retailer to capture the public attention (especially those with new found wealth in cryptos), will soar to new heights from early adoption and additional revenue streams and markets. Now it is hard to speculate that Amazon would accept only ETH as one of the domains suggests, so we will possibly see the three or four main coins accepted like BTC, LTC, DASH, ETH, with others possible.
Now this has so far been speculation
But this week news out of Davos, Switzerland reveals that the sovereign leaders, mega rich and elite businesses and people from around the globe are indeed discussing adoption and integrationofthe cryptos. They now know it is inevitable and that they must begin to move toward this fast growing economy.
I call it an economy as it is (if not already) becoming one with Bitcoins market cap alone well above countries like Austria and Czech Republic, with a crypto overall market cap higher than most countries...it is an economy.
So if the leaders of the world and business are discussing it, they will come and boy will this economy explode.
Perks for Business (and people)
Cryptocurrencies and Tokens Appreciate in Value
Not depreciate like all other currencies (money)... so businesses can research and develop to a greater extent, with us the "Wee People" as well with better; products, health, lifestyles, wealth accumulation and especially wealth protection.
If Amazon does begin to accept Cryptos surely the others will follow,but they once again would establish and root their dominance. And we all know their CEO Jeff Bezos is paying attention to what is said in Davos, with this in mind... and you can bet other business giants are also paying attention.
Just heard this idea as well
Not exclusive to Adam Meister as he quoted others as well... What if Bezos bought out coinbase (I'm pretty sure it would be for the better), then dropped Bitcoin/Crypto ATM's in all his newly acquired Wholefoods? That would start a mainstream adoption right there.
Not really far fetched is it... I mean Coinbase just stated they had over a Billion in revenue for 2017... so what kind of bait do you think that makes it for Bezos to pick up. After all in 2017 he acquired Tesla, Wholefoods, Spacex, Zappos and more... why not a Financial arm.
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Image Credit: fistfuloftalent