Bitcoin Sets 2019 High + Amazon Another Step Closer To Accepting Bitcoin
Two unrelated segments today, one looking at the Moon Chrome extension that allows you to pay with Bitcoin directly on Amazon.com and another look at the charts where Bitcoin has hit a new high for 2019.
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Looks like an excellent time for a motivated individual (not me) to repeat the crypto middle man buying behavior that we saw a few years ago. I picture this as a person opening a Moon account and advertising that they can provide a lower price on popular Amazon items by purchasing through them. They use their Amazon account, get the orders, purchase through Moon, have Amazon handle shipping per usual, Amazon knows only that they got a solid sale and the individual creates a temporary market in the middle between Amazon and Moon to provide a service and earn some crypto. My guess is that this would be brilliant for 3 to 6 months before others join to provide the service, or, as you said, it becomes sufficiently normalized that Amazon does it themselves.
I love when these opportunities open. Enjoy watching creative people take advantage of this type of legitimate short term service provision where everyone wins.
As far as Moon goes, I will wait and see. It's hard to envision trading my bitcoin for anything on Amazon at this point. Thanks for the TA!
+1 TA
I think it is great what 'Moon' is offering (if it works as shown). As an early 'adopter' crypto facilitator they will have big/extra advantages even against own Amazon. When they will become obsolete they will have already knowledge to spread own/diferent technology all over the www.
Great news!
Building wealth. Good responce. Bitcoin is getting stronger.
Would be nice if Amazon set up direct crypto integration ... someday they have to
Great as always, lets go to the moon :D
Great market moves indeed! I would like to see a longer term consolidation process before even attempting $6k given how mentally strong that level will be in my opinion.
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I do think eventually Amazon will join the bandwagon. So long as they see this is where people are moving towards.