Despite the blows received by encrypted digital currencies, especially Bitcoin, whether it is related to mining operations that were faced with a lot of bans in a huge country such as China, or as well as for some companies in the digital world, Tesla, which refused earlier transactions, the indicators confirm that Bitcoin's standing is still guaranteed.
The latest news indicates that the e-commerce giant Amazon is preparing to roll out Bitcoin and the rest of the digital currencies as an electronic means of payment for buyers. According to Cityam, Amazon plans to accept payment by the end of this year, and it is also seeking to pass to other digital currencies, according to a source within the company to the British site. .
The source also explained that the managers of the world's fourth-largest company were keen to move toward using other large cryptocurrencies once they had established a fast and secure way to pay Bitcoin. He added, "Ethereum, Cardano and Bitcoin Cash will be next in line before they bring in eight of the Most Popular Cryptocurrency Online,” “It won’t take long because the plans are already in place, they have been working on it since 2019, this whole project is completely ready for implementation.”
According to the site, it is likely that a massive Amazon-level actor involvement in the cryptocurrency space will boost the adoption and price of bitcoin and larger altcoins.
But what is interesting about what Cityam reported is that the next plan for Amazon, after adopting the existing digital currencies, is to create an electronic currency for Amazon on the horizon of 2022.
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