Amazon prepares to accept Bitcoin, Ethereum, Cardano and Bitcoin Cash, reveals source, price soars – DiarioBitcoin

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An anonymous source informed a British media of this acceptance of Bitcoin and other cryptocurrencies by Amazon, the news was reproduced by other means and prices skyrocket.

(UPDATE: Amazon denied, on Monday afternoon, to the City AM medium, the basis of the information in this article)

“Amazon ‘Definitely’ Aligns Bitcoin Payments, Whistleblower Confirms”. This is how the British media titled City A.M. and the information quickly spread through many specialized crypto media.

The media reports that Amazon, The world’s largest and most well-known e-commerce company, founded by Jeff Bezos, is looking for accept payments from Bitcoin “by the end of the year and is researching its own token for 2022, a source revealed to it.

Before that, I had already told DiarioBitcoin, Amazon revealed on Friday, July 23, about a new job vacancy, which indicated that the company appears to be working on its own token.

According to Friday’s post, the person would be tasked with developing the strategy and laying out the roadmap for the digital currency product. It says so: “Do you want to innovate on behalf of clients within the financial and payment systems of one of the largest e-commerce companies in the world? […] The Payments Acceptance & Experience team is looking for a product leader with experience to develop Amazon’s blockchain and digital currency product strategy and roadmap ”.

Regarding this, the anonymous source told City A.M.:

“This is not just following motions to set up cryptocurrency payment solutions at some point in the future; this is an integral part, well discussed, of the future mechanism of how Amazon will work ”.

And adds:

“It starts with Bitcoin: this is the first key stage of this crypto project, and the direction comes from the top … Jeff Bezos himself.”

Amazon: Not only Bitcoin

The insider also explained that the directors of the world’s fourth largest company were eager to move on to other major cryptocurrencies once it had established a fast and secure payment method for Bitcoin.

“Ethereum, Cardano and Bitcoin Cash will be next in line before bringing eight of the most popular cryptocurrencies online ”, added the source to the middle and further said: “It won’t take long because the plans are already there and they’ve been working on them since 2019.”

And he stressed:

“This whole project is practically ready to roll.”

But according to the source, he will not be left alone in crypto adoption: he is going for his own token.

“When all these crypto are aligned, there is another twist to push things even further in Amazon’s favor: a native token,” the anonymous source explained. And he added:

“After a year of experimenting with cryptocurrency as a way to make payments for goods, it seems increasingly possible that we are heading towards tokenization.”

He also told City A.M.:

“This then becomes a multi-tiered infrastructure where you can pay for goods and services or earn tokens in a loyalty scheme.”


“There is little else for now, but you can guarantee that the Bitcoin plan will be closely monitored as opportunities are explored with Amazon’s own version of a crypto.”

Bitcoin go up after news of Amazon

Other media published versions of the note from City A.M. Despite being an anonymous source, that is, it is not an official news, that did not inhibit the enthusiasm of the market since you heard the news. CryptoMarkets from Daily bitcoin reveals an increase of 11.88% in the price of Bitcoin (BTC) between yesterday and today, and the currency at this time, 7:30 am in New York, exceeds USD $ 38,516. This is its best price since mid-June.

It is not the only one with increments to be named in the article: also Ethereum, Cardano Y Bitcoin Cash they had price rises. ETH had an increase of 8.44%, Cardano (ADA) of 10.48% and BitcoinCash (BCH) of 12.17%.

Sources: City AM, UToday, Zycrypto, archive

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Amazon prepares to accept Bitcoin, Ethereum, Cardano and Bitcoin Cash, reveals source, price soars – DiarioBitcoin

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