Amazon CEO: Crypto Will Become Bigger, NFTs Will Grow ‘Very Significantly’
The CEO of e-commerce giant Amazon is optimistic about crypto and non-fungible tokens (NFTs). He says that over time crypto will “become bigger” and NFTs will continue to “grow very significantly.” CEO on Amazon Accepting Crypto Payments and Selling NFTs Amazon CEO Andy Jassy talked about cryptocurrency and non-fungible tokens (NFTs) in an interview with CNBC Thursday. Jassy replaced Jeff Bezos as president and CEO of Amazon in July last year. He previously led Amazon Web Services (AWS) since its inception in 2003. Regarding whether Amazon....
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As told by Andy Jassy, the e-commerce giant may integrate NFTs later down the line. Speaking during an interview with CNBC after releasing his first shareholder letter as the new CEO of Amazon, Andy Jassy said that while he does not own any cryptocurrencies or nonfungible tokens, or NFTs, he is optimistic about the outlook of the industry. Jassy stated: "We're not probably close to adding crypto as a payment mechanism in our retail business, but I do believe over time that you'll see crypto become bigger. I expect that NFTs will continue to grow very significantly."Specifically, regarding....
Amazon is not interested in embracing bitcoin, but it is looking into new digital payment services, possibly a service developed in-house, a new report suggests. The company's payments head Tom Taylor told Re/code that Amazon did indeed consider bitcoin, but eventually decided that there was not enough interest in the technology for Amazon to benefit from adopting it. Said Taylor: "Obviously, it gets a lot of press and we have considered it, but we're not hearing from customers that it's right for them, and don't have any plans within Amazon to engage bitcoin." Amazon's revenue in 2013 was....
Amazon is jumping the gun this year by already starting their "Black Friday" sales five days early. Although Amazon does not accept bitcoin, using bitcoin for these purchases can drop an additional 10 to 25% off of some of the best prices on the Internet. If there ever was a time and place to spend your bitcoin - this might be it. As Amazon is the biggest on-line retailer, using your bitcoin for purchases might send the message that bitcoin is here to stay. Perhaps proof of this fact may finally drag them kicking and screaming into the future. New bitcoin broker and escrow services allow....
London, January 26, 2016. UK Bitcoin service provider SpectroCoin.com this month launched a new feature on its platform to allow clients to purchase Amazon vouchers with Bitcoin. Vouchers for Amazon.com, Amazon.co.uk, Amazon.de, Amazon.it, Amazon.fr and Amazon.es are available. “After the introduction of Amazon.co.uk vouchers back in November 2015 we have seen a significant interest from our clients in other countries to be able to purchase vouchers from different Amazon shops, therefore, we added up another 5 Amazon stores to serve European and US customers” says SpectroCoin.com....
This is what Amazon Wallet looks like. Amazon isn't new to the digital payments industry. The online retailer launched Amazon Payments back in 2007, a service that directly competes with the likes of PayPal and Google Wallet. Then in December 2013, Amazon purchased GoPago, a mobile payments platform. Now, continuing the company's push into the digital payments sector, Amazon has launched Amazon Wallet. What Amazon Wallet Does, Or Rather, Doesn't Do. Amazon Wallet is...surprisingly basic. Designed for use at the point-of-sale, Amazon Wallet is essentially an Android app that stores gift....