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RE: Coinbase is literally printing money!

in #coinbase7 years ago

Don't worry soon Amazon will be launching its own crypto exchange (which will also be used as a major lightning network hub) and the amazon platform will also start accepting various major cryptos as methods of payments. Long story short, Coinbase is gunna look like a tiny ant in comparison fairly soon.

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I would be surprised if that is correct, but hey, on many levels I hope you are right. Customers win as competition increases!

Be surprised, ICO incoming (token to be used on the exchange similar to the Binance/Kucoin token) in a few months (late Spring or early Summer). Going to add a shit ton of legitimacy to the space, should be interesting.

Is that a good thing? I mean, what experience do Amazon have with financial markets? It doesn't fit with their core business in any way whatsoever.

It doesnt matter to Amazon, whatever is hot they will get into. Whatever they can make money on they will. Amazon got wholesale pharmacy licenses in multiple states to take money from CVS

Agreed. Amazon is big enough that they could dabble in whatever they want with little negative affect and huge upside. It would be surprising if they didn't jump in.
We are living in interesting times.

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