Amazon is a dead cert to launch its own cryptocurrency, according to Binance’s Changpeng “CZ” Zhao.
He made the prediction whilst conversing with people who responded to the following tweet.
For any internet (non-physical) based business, I don't understand why anyone would not accept crypto for payments. It is easier, faster and cheaper to integration than traditional payment gateways. Less paperwork. And reaches more diverse demographic and geography.
— CZ 🔶 BNB (@cz_binance) February 2, 2019
Amazon, always keen to push boundaries, may well go down this road, although not in the near future as it has bigger tech fish to fry right now (e.g. drones, delivery robots and cashierless stores). But where the e-commerce giant dares to tread, many others follow, which would make for interesting times, lest we forget that control freak governments really don’t want mass crypto adoption to happen, as Phillip Nunn, CEO, Wealth Chain Capital points out. Bring it on, we say.
https://twitter.com/PhillipNunnUK/status/1092011750919229440
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.