Amazon Competition- https://www.seattletimes.com/business/amazons-delivery-dream-is-a-nightmare-for-fedex-and-ups/
Amazon Crytocurrency Exchange- https://smartereum.com/a-potential-amazon-cryptocurrency-exchange-everyone-is-wondering-about-this-move-amzn/ Follow me on Twitter @AltLedger
Me and a friend were talking about this the other day actually he was asking who everyone thought the first giant mega corp would be to jump in on crypto, I said it'd probably be Amazon. They are probably one of the most forward thinking companies out there, other than probably Tesla and Elon Musk but he's on another plane altogether!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
good call. Amazon is pretty much taking over every market. It will be exciting to see what they do with the crypto.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wow nice post. Keep em coming. will folloy you for more in the future :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you very much. Please feel free to leave any comments or thoughts on the topic.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
As others have also noted, any existing coin that gets accepted by Amazon will have to handle a massive increase in transaction volume. If it chokes on that increase, investors will judge the entire crypto sector quite harshly. That will be a great time to buy more coin.
As for Amazon creating its own coin, what is the use case that would both benefit Amazon's operations and make the coin worth buying?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Excellent point! If they did create their own coin, what would be the asset behind it? It would have to be used as a "vessel" for investing. And in that form the value would be what the traders make it to be? So, then they may have to resort in using a variety of cryptocurrencies (coins and tokens) in order to handle the massive volume. Something with a high volume. However, that is assuming they would "only" accept crypto as a form of payment which would never happen. So a combination of accepting both fiat and crypto as a form of payment could work.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If they are gonna create their own cryptocurrency i assume it focuses on buying stuff out of there own shop, well we already have so many of that proven and well established already. Why not just choose from the current existing one and help them grow. Do not get in the hype anymore, i think you're just wasting time and money there.
Be one of those company that help cement a better foundation for cryptocurrency in the entire world. That would give you a better edge.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I agree. I would like them to partner with an already existing coin, however, they have more than enough resources to produce their own. I essentially see them using there own. They are already opposed to using the blockchain which is concerning.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit