Will Amazon soon accept Bitcoin? E-commerce group is looking for crypto experts

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A job advertisement is fueling speculation that Amazon could soon accept Bitcoin as a means of payment. The e-commerce group is looking for a crypto expert with financial knowledge.

Most recently, Elon Musk made a commitment to Bitcoin at the online conference “The B Word”. Musk as well as Tesla and SpaceX hold the largest cryptocurrency in the world – and do not want to sell it either. In addition, Tesla will again accept Bitcoin as a means of payment if mining is more environmentally friendly. Now a job advertisement is fueling speculation that Amazon could also soon allow customers to pay with cryptocurrencies. Or does Amazon want to launch a cryptocurrency itself?

Specifically it says in the job ad, the existence of which Businessinsider (Paywall) first reported that Amazon was looking for “an experienced product manager to develop a digital currency and blockchain strategy and the corresponding product roadmap”. A closer look at the possible place of use suggests that it could be a possible payment with crypto currencies rather than your own crypto currency. The new team member should take on a leading role in the area of ​​payment acceptance and experience.

Amazon has confirmed the authenticity of the job ad, like The Verge reports. Amazon.com is not yet accepting Bitcoin or other cryptocurrencies as a means of payment. However, the company told Businessinsider that it had been inspired by the innovations in the field of cryptocurrencies and is now looking for ways how something like this could look on Amazon. In 2017, Neo-CEO Andy Jassy, ​​at that time responsible for Amazon’s cloud business AWS, stated that Amazon saw little real use for the blockchain, apart from the distributed ledger technology.

However, observers should not expect too much from the job advertisement. It will take months for a new manager to establish a corresponding product or payment option with Bitcoin. This also explains why the crypto market – unlike what Musk said at the B-Word conference – has not taken off in the past few hours. The Bitcoin price continues to move between $ 34,000 and $ 35,000.

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