Amazon Soon To Accept Crypto…Probably. The “Team responsible for how Amazon’s customers pay” Is Hiring A “Cryptocurrency Lead”….

It’s arduous to come back to some other conclusion when studying this new job listing on Amazon’s hiring web site – they’re about to start accepting crypto!  Well, we’re 99% positive of it. 

First – a fast thanks to Robert D from Washington state, a reader who noticed this and reached out (in the event you ever have a narrative thought or spot one thing fascinating, @TheCryptoPress on Twitter or suggestions@globalcryptopress.com – we love listening to from you!).

The Job Listing Is Less Than 24 Hours Old…

While the date this was posted was not seen on the web page itself, a take a look at the supply code reveals ‘date_posted July 22‘ so it did not go unnoticed lengthy.

Now That We Know the Basics, ‘how’ and ‘when’ – Let’s Dive in to the Job Description…

While it is lacking a simple sentence like ‘quickly we’ll roll out cryptocurrency funds for all customers‘ it seems they used each key phrase and key-phrase attainable to suggest it.

When studying the introduction beneath, search for the next: ‘cost strategies‘ and ‘liable for how Amazon’s prospects pay on Amazon’s websites‘ and ‘develop Amazon’s Digital Currency and Blockchain technique and product roadmap’ it even ends by saying this particular person might want to give you ‘the launch technique‘

 Job Description: 

“Do you want to innovate on behalf of customers within the payments and financial systems of one of the largest e-commerce companies in the world? As one of the largest e-commerce companies in the world, Amazon processes billions of secure on-line transactions via numerous payment methods and capabilities around the globe. The Amazon Payment Acceptance & Experience Team is responsible for how Amazon’s customers pay on Amazon’s sites and through Amazon’s services around the globe.

The Payments Acceptance & Experience team is seeking an experienced product leader to develop Amazon’s Digital Currency and Blockchain strategy and product roadmap. You will leverage your domain expertise in Blockchain, Distributed Ledger, Central Bank Digital Currencies and Cryptocurrency to develop the case for the capabilities which should be developed, drive overall vision and product strategy, and gain leadership buy-in and investment for new capabilities. You will work closely with teams across Amazon including AWS to develop the roadmap including the customer experience, technical strategy and capabilities as well as the launch strategy.”

Their End Goal Seems Clear –  But We May be Biased…

The impact this might have on the cryptocurrency markets earlier than any transaction takes place is gigantic. Having the world’s largest retailer legitimize Bitcoin (and no matter else they select to just accept) by making it an official cost possibility would increase the worth of cash folks already personal.

It’s additionally in all probability reasonable to count on hundreds of smaller retailers to do it, as a result of Amazon simply did it.

That Is Why It’s Still Important to Examine All Possibilities…

The point out of CBDC’s or Central Bank Digital Currencies (mainly authorities issued and managed crypto) opens up the likelihood that they’re solely making ready to just accept these.

The United States, United Kingdom, Canada, Japan, Sweden, and Switzerland are all working collectively to launch theirs, largely doubtless on networks constructed to speak with one another. 

That transfer could also be to knock China down a peg – their digital currency is already full,  however it might be out of date too.  Built when there have been no others to coordinate with, the ‘digital yuan’ may have some updates if they need it to work exterior of China. 

So – What Do YOU Think? 

Is Amazon merely making ready to just accept the ‘digital greenback’ and different authorities issued cash? Or will we quickly see Bitcoin listed as an possibility subsequent to Visa and Mastercard? 

Tweet us @TheCryptoPress and share your ideas! 

———–
Author: Ross Davis 
E-Mail: Ross@GlobalCryptoPress.com Twitter:@RossFM
San Francisco Newsroom / Breaking Crypto News

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