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RE: Amazon Could Accept Bitcoin As Payment Very Soon | Here's The Rumours

in #bitcoin7 years ago

This is nothing but a widespread rumor. The rumor has been circulating that claims Amazon will decide to accept bitcoin within the near future. Unfortunately, this rumor is based on a misleading blog post and is almost certainly false.
There are still multiple challenges to be overcome before it can reach widespread use.
However, Amazon has made no public statements suggesting they will implement bitcoin payments, The company is so ubiquitous that is unlikely they would see a noticeable increase in sales. Amazon’s valuation is nearly four times the size of the combined market caps of all cryptocurrencies, and despite the bitcoin price’s year-to-date surge, its market cap is still more than $15 billion less than the net worth of Amazon founder Jeff Bezos.