Amazon buys crypto domains!
Is Amazon making the smart choice and hopping on the Cryptocurrency train? Or are they just trying to protect their brand? Recently Amazon had purschased 3 crypto related domain names. The major question is are they going to use them or just hold onto them so no one else can use them? The 3 names are self explanatory whether the answer is they will get involved or just hold the names..either way they are already half way in the game. Here are the 3 domain names amazon purchased.
- amazonethereum.com
- amazoncryptocurrency.com
- amazoncryptocurrencies.com
https://www.cnbc.com/video/2017/11/02/amazon-just-bought-up-three-crypto-domains.html
I believe you all know this would be an at remembering leap for cryptocurrency, this would allow for billions of people to have a mother reason to purchase cryptocurrencies and get involved. If you read in my last post, this would be an example of the masses hopping on causing the prices of cryptos to SKYROCKET!
In my opinion Amazon would be doing a disservice is they didn’t get involved, it would most likely bring in even more customers to their website and the idea of adopting this new technology would be official. The Vice President of Amazon Pay, Patrick Gauthier told CNBC that they had no intentions of accepting cryptocurrency, Zbut only because there was no demand for it. He’s wrong and I’m sure you will all agree that there is a high demand for crypto payments and once Amazon realizes this they will smarten up. Not to mention the demise of fiat currencies on the way, we are going to end another option for currency and crypto is calling our names!
I’m very excited about this news and do believe after all the research I have been doing that Amazon will eventually have no choice but to start accepting crypto (Steem) ;), also that there is going to be a massive jump in the crypto markets that will last a couple of years, larger than we have ever seen. Thank you for reading Steemers. Much love!
Wow buddy
Its good news
Thats a future
Nice post
really bro
E commerce gaint like Amazon certianly won't keep this domain. They will definatly put in use. I hope Amazon accept cryto payments, I cannot convert crytpcurrecy into my bank balance but i will be able to buy products.
I'd go as far to say it is almost a certainty that Bezos will launch a token of some sort (even if he's just an angel investor) with the aim of it being used as the primary currency on amazon.com.
This makes much more sense than having users pay the transaction fees for currencies like BTC whilst enabling him to accumulate BTC or any other token he wants to take for onboarding into the Amazon token.
That said though, those domain names registered would solely be for defensive purposes.
The future is here! I hope Amazon will hop on to the crypto train!
This would be brilliant as I am a frequent flier with amazon because I am basically locked in the house and do everything including shopping online. In a weird way crypto that is linked to creativity and communities like steem is could actually be the first step toward resource based or at least a fairer economy. Imagine a world where products were funded like posts here on steemit, where medical trials and science projects were not financed because of their lucrativity for the industry but for its usefulness to the community. This is the real power and potential the blockchain has if we use it right ...
If you have a long term perspective, these dips shouldn't bother you. Patience is a virtue and time will prove you right. Hodl.
Many companies are now experimenting with virtual currency and blockchain technology.
Its very old news. it wont have any effect on the markwt at this point
Thanks sir for pointing this out. I think Amazon reserved these domains already 3 months ago.
I don't think they won't - at least in the next year(s) - accept any crypto payments. They just reserved the domains before scammers do.
Yeah, now that's a good approach I would say...
To you its old news, to some its new news. Many people spoke to had no idea.