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7 years ago by aftabkhan10 (65)
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This would be great for cryptocurrencies but bad for cryptocurrency exchanges
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Yes, especially after the recent security breach, we need better exchanges
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Well....amazon does have a huge number if customers .....lot of them being very dedicated to the service. If they include crytocurrency i think they will be able to gain huge capital ...
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The currencies they will post on their platform will be available to the masses. If this really happens, the market will enter the end of the second stage - mass addoption.
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If amazon opened a cryptocurrency exchange, I bet they will make it easy for any average Joe to use. This will cause a bull run in any currency listed on the exchange and ripple across the rest of the market as new capital gets poured into the market. This would be huge for crypto!
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This will be a very great idea if they do because of many people in the U.S are still doubting cryptocurrency trading and exchange but if a big name like amazon would want to start an exchange then it will be a good one for all of all.
I am @geekis, I blog about marriage and relationships
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Resteemed by @resteembot! Good Luck!
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This is pretty big news. I imagine it will lead to people being able to buy things on the Zon too. Thanks for publishing this news!
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That would be really cool if they did, especially if they planned on integrating it with their e-commerce side of the business. I've heard this rumored before but it was pointed out that they might just be buying them so that other people don't use their brand to pull people in. It would mean the end of a lot of exchange coins though.
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If this happens, we can assume that amazon will also start accepting payments in cryptocurrencies!
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It's always good bringing more companies and competition to the cryptoworld
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Thank you @aftabkhan10 for making a transfer to me for an upvote of 19.47% on this post! Half of your bid goes to @budgets which funds growth projects for Steem like our top 25 posts on Steem! The other half helps holders of Steem power earn about 60% APR on a delegation to me! For help, will you please visit https://jerrybanfield.com/contact/ because I check my discord server daily? To learn more about Steem, will you please use http://steem.guide/ because this URL forwards to my most recently updated complete Steem tutorial?
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