As recently as 24 hours ago, the crypto community was still thinking that Amazon might soon accept Bitcoin payments on its e-commerce platform. Indeed, the internet giant had posted a job opening stating that it is looking for “a product manager to develop Amazon’s digital currency and blockchain strategy.”
“We’re inspired by the innovation happening in the cryptocurrency space and are exploring what that might look like at Amazon,” a spokesperson had further said as quoted by Business Insider. “We believe the future will be built on new technologies that enable modern, fast and inexpensive payments, and hope to bring that future to Amazon customers as soon as possible.”
And on July 26, the media outlet cityam.com had published an article about Amazon’s plans. Citing a source, it had indicated that the company would intend to accept Bitcoin payments before the end of the year and that, in addition, Amazon would also like to launch its own digital currency in 2022 (a project not unlike that of Facebook and its partners, and one that faces reluctance from many governments).
Unfortunately, for those who were hoping all this was true, Amazon has just denied it. Quoted by AFP, an Amazon representative said it was “made up” information.
Amazon denies, but confirms it is interested in the sector
But for all that, Amazon is indeed interested in crypto and blockchain. “We remain focused on exploring what this could look like for customers shopping on Amazon,” the company representative explained, according to our AFP colleagues.
In any case, the hope that Amazon could one day accept payments in Bitcoin has probably contributed to the sudden rise in the price of the cryptocurrency. On Monday evening, it even reached $40,000.
Currently, more and more companies are accepting payments in Bitcoin. And in this regard, Elon Musk’s Tesla was ahead of the curve. Nevertheless, in May, Bitcoin payments were suspended by the company for environmental reasons.
But recently, Elon Musk said that Tesla could once again accept payments via cryptocurrency when these environmental issues are resolved: when more than half of the mining is done through renewable energy sources.