Last Minute: Amazon will Accept Bitcoin by October

in #bitkoin7 years ago

Amazon-Bitcoin.jpg
According to a report by the James Altucher Report, Amazon will soon adopt Bitcoin, which will officially be heard on October 26th during the conference call.

How far is this news safe?
James Altucher co-founded more than 20 companies, wrote 11 books and contributed to many major publications.

It is an old investment fund manager and blogger, a risk capitalist and offers a subscription based mailing list that is the source of Amazon information.

When you listen to podcasts and read some of the articles, it tells us in a very positive way how we can benefit from this greedy world we live in. It is often justified by mistake. It is very logical that insider learners need to be illegally trafficked.

"I think it should not be illegal. When they trade, their information is being turned directly into the stock market."

"As more information is given to the market, the market becomes more productive. The more information comes in, the better they will be able to move around comfortably and reflect the things that really affect a company."

"I would like the state to go after people who really play money, like the Madoffs, and to legalize internal trade."

There is really interesting information about what crypto-money is and how to invest in it, but the main point of interest is that it approaches everything the most positive way.

It's simple physics. You're taking the frequency you're making. Do you want a happy life? Then be happier.

WILL I ACCEPT AMAZON BITCOIN?
This issue is still pending, but Google, Ebay and PayPal have already begun to do this, countries like Japan and Russia are using the bitco in legal payments, and it's a matter of time for Amazon to start doing it.

... or create their own currency.

Amazon Web Services in 2016 by partnering with Digital Currency Group, one of the biggest investors in the bitcoin and block chain businesses and entrepreneurs:

"Offer such a service that block chain providers in DCG's portfolio can work in a secure environment with customers including financial institutions, insurance companies and corporate technology companies"

said.

In other words, Amazon's aim is to be the intermediary between the portfolio of DCG and its customers in digital currency.

According to Altucher's News:

Amazon is working with financial institutions and crypto experts to encourage innovation and to make problem-free experiments easier.

Now, Altucher seems right in this regard, and when the news spreads, a bit of a ripple can be seen in the value of bitcoin, but when you look at the big picture, greed can distract you.

What makes Bitcoin so compelling is its ability to combat everything from a government to an unethical banking practice, since there is no central server.

All tech enthusiasts start to connect themselves to the blocking process, knowing that they can watch and ultimately affect all digital transactions and become a hidden mediator.

Of course, Google only accepts BitCoin via the Payment Request API. Because they can see and record every transaction.
Will Amazon be anything less than that?

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Yeah, now you can buy with bitcoin on Amazon. This is great.

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