Amazon jumps into blockchain !
Amazon Web Services just announced a revolutionary new database powered by cryptocurrency technology.
Amazon is the largest retail giant in the world, double the size of Walmart, Costco and Target combined. So when it jumps into this technology, it makes a big splash that could help deliver major profits to crypto investors.
But Amazon is not the only one jumping into this field.
AWS re:Invent 2018: Building Blockchain Platforms Beyond a Proof of Concept (GPSTEC317)
So are global megabanks like UBS, Canadian Imperial Bank of Commerce, Santander and BVDA … plus credit card and money transfer companies like American Express, Visa, MoneyGram and many more.
They’ve all signed up with Ripple’s XRP, which just knocked Ethereum out of second place as the second largest cryptocurrency in the world.
The NYSE and Nasdaq are set to launch Bitcoin commodity contracts early next year.
Dozens of other Fortune 500 companies are also jumping into blockchain technology.
They want it now and they want it bad. Not only because it’s far faster and cheaper to transfer money and run their operations, but also because it’s infinitely more SECURE from hacking and cyberattacks.
This raises four urgent questions for investors:
How will this corporate rush into blockchain impact the price of cryptocurrencies?
Is it time to buy?
I think you already know the answer… Smart money is rushing in as Retail investors are ruined and washed away. Typical Investment situation.
Source: Weiss Cryptocurrency Newsletter
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Excellent news
Indeed ! Thank you for the comment
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You are welcome
You're seeing this from a speculators perspective, not a cia, amazon, globalist one, I take it?
lol
Thank you for the comment even if I didn’t really get your point, could you help me out 😀?
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lol - no problem...........
...you were sayin' this might be an opportunity because of the amazon thing.
I was merely pointing out the cia /bezos/deep state, angle - and to speculate with such financial 'opportunities', including the banking structure - is to play the corrupt game.
You never win against a rigged house...
Not a criticism, just an observation...
(i'm a little drunk if this isn't as coherent as it reads back to me - apologies)
Now I understand and I ToTALLy agree !
Cryptos have to throw the table upside down and not « patch » a broken System. But on a short term basis these news give support and more people into cryptos as an hybrid system.
And help fund the entire ecosystem.
Take care and thank you for explaining your thoughts !
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This is just what I needed to hear vlemon!!
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reading many different comments / sites / TA's one could believe that the price will come down easily to $ 3.500 and below one should perhaps not start investing before these levels are reached or breached..... Let's wait until january when the SEC turns on green lights......
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