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Amazon To Accept Bitcoin

Stefan by Stefan
31/10/2017
in Bitcoin News
Reading Time: 2 mins read
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Amazon is undoubtedly one of the biggest companies on earth – and the largest eCommerce giant out there. Its founder, Jeff Bezos, is in a rat race with Bill Gates for the wealthiest person in the world.

As a company of that size and popularity, it is important for Amazon to stay in line with all the recent trends. According to rumors, Bitcoin is one of them – as the company is thinking about accepting it as a means of payment.

Amazon Is Known For Taking The Lead

If there is one thing that can be said about Amazon, it is that it is a company that is known for taking the lead. This way, Amazon could become the first worldwide company that allows its customer to pay with the virtual currency Bitcoin in the future.

Even experts from the Silicon Valley say that this is possible. In fact, they say that if Bitcoin is not introduced now, it will definitely be soon. By that time, there will certainly be someone from Amazon to comment about this possibility.

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Big Investors Are Also Turning Into Bitcoin

Over the past few weeks, we saw Bitcoin’s price rising to the highest and achieving new records. This means that a lot more investors are turning to Bitcoin and are finally starting to see it as a strategic asset for the future – and not as a bubble that is going to explode.

Even though people from Wall Street claim that Bitcoin is a bubble, most of them (like Mike Novogratz) have significant amounts of their net worth in them. Since Bitcoin is starting to be accepted by more and more companies as a means of payment, its future is quite bright at this point.

Only this year, the Bitcoin price went up from $960 to $6200 and its market cap reached 100 billion dollars this year alone. Some experts believe that it will reach 1 trillion in the next years.

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DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]

Tags: amazon accepts bitcoinamazon to accept bitcoinbitcoin payment methodbitcoin paymentsfeaturedpayment methodretail giant
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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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