CryptoNewsBreaks – Tantalizing Prospect of Amazon.com Inc.’s (NASDAQ: AMZN) Acceptance of Bitcoin Featured in Decrypt Article

November 16, 2020 15:07:25

Amazon (NASDAQ: AMZN) was featured in a recent Decrypt article titled, “What Would It Take for Amazon to Accept Bitcoin?” The piece discusses Amazon’s history of shunning bitcoin and other cryptocurrencies as payment methods, to date, and the tantalizing prospect of the world’s biggest e-commerce company making a change to accept bitcoin. The article delves into the many barriers Amazon would first have to hurdle, which include the need to build processes and procedures to accept, hold and manage bitcoin and other cryptocurrencies, assumption of the inherent market volatility risks and bitcoin’s current inability to scale. But for Danny Scott, the founder of Bitcoin services hub CoinCorner, and for reasons described in the article, “It’s only a matter of time before Amazon accepts bitcoin.”

To view the full article, visit https://ccw.fm/PPhcQ

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Decrypt is a news portal where the world of blockchain and cryptocurrencies is made simple. With the simple, easy to use Decrypt app, users are provided a one-stop source for comprehensive access to blockchain, cryptocurrency and bitcoin news. With the app, users are able to stay on top of digital currency news with a daily digest of stories delivered straight to their smartphone. Each day, the app offers up the biggest bitcoin and blockchain stories in bite-sized chunks. For more information, visit www.Decrypt.co.

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