Amazon Awarded Bitcoin-Related Cloud Computing Patent

Amazon Awarded Bitcoin-Related Cloud Computing Patent

E-commerce giant Amazon has been awarded a bitcoin-related cloud computing patent that envisions the use of digital currencies as payment for cloud computing services on Amazon Web Services (AWS). Amazon's cloud is by far the biggest remote computing service on the market. Market research firm Gartner estimates AWS annual revenue at upwards of $3bn, and it believes Amazon's cloud has five times the capacity of its next 14 rivals. The news follow's Amazon's public statements that suggest is not presently interested in accepting digital currencies, despite such suggestions from rivals like....

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I don’t foresee any time in my life that Bitcoin ceases to exist. I see the possibility for it to someday become the reserve currency of the international free market.

Jim Fulner, The 2014 Libertarian candidate for the U.S. Senate from Michigan