What if Amazon invests in Bitcoin Cash (BCH)

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Avatar for DavidKomolafe
3 years ago

Amazon is the biggest online shopping mall in the world, they just invested in Bitcoin Cash and everyone is trying to sink it in!

It's a regular day you just finished making breakfast and start scrolling through your phone and find something very interesting, its a video from YouTube and its title "Amazon, billion-dollar firm shows interest in Bitcoin Cash" at this point you think this is clickbait but proceed to watch the video. Many people in the comment section don't take it seriously and believe it's fake news and would never happen.

You now clearly understand what this means for Bitcoin Cash and immediately buy more cash with your credit card hoping for the best. Few days after the news Amazon CEO, Jeff Bezos, gets interviewed and his asked why he has decided to Choose Bitcoin Cash as a form of payment for Amazon, he replies saying "Bitcoin Cash is a very fast cryptocurrency and has a low fee, we believe our users would like this kind of experience and that's why we chose it." after watching the interview you now believe its real, very real and quickly buy more BCH as the price skyrockets.

30 days after the Interview Amazon has now integrated Bitcoin Cash with its online shopping mall worldwide and it makes big headlines all over the world, everyone begins to talk about Bitcoin Cash, Top news channel begins to talk about Bitcoin Cash, YouTubers and its also trending on Reddit.

What does Amazon investment mean for Bitcoin Cash?

Amazon is one of the biggest online shopping malls in the world this means if Amazon accepts Bitcoin Cash as a payment method a lot of people would get to know above it.

Imagine not just only the option to pay with a credit card or gift card you also have the option to pay with Bitcoin Cash, this means a lot of people who shop on Amazon users would regularly see the option to pay with Bitcoin Cash which would be a free advertisement and this could last for years if not forever.

Amazon gets more than 400,000 sales daily and is ranked the #1.

The company gets more than 10,000 sellers which means sellers would also be able to receive payments with Bitcoin Cash, this would become one of the biggest moves in cryptocurrency making Bitcoin Cash prices go up in value very quickly.

What would Amazon investment mean for the Bitcoin Cash community?

The Bitcoin Cash community read ca$ would have a lot of funds that would last for years if not more than decades, Writers would be able to earn Bitcoin Cash and instantly be able to pay for items instantly on Amazon without the use of a credit card.

Why would Amazon even need Bitcoin Cash as a payment method?

Bitcoin Cash is peer-to-peer electronic cash payments and could easily replace banks/Visa in the future. If Amazon integrates Bitcoin Cash with its online shopping mall, users who use Bitcoin Cash would be able to shop online using Bitcoin Cash and this could easily increase Amazon sales.

You should also note that Bitcoin Cash is aiming to increase its users using noise.ca$, read.ca$, lazyfox.io and more: The reward websites I mentioned plays an important role in increasing the popularity of Bitcoin Cash which means more users, more users means the value is going to increase dramatically than we know it today. If Amazon knows that Bitcoin Cash has many users they would rather choose Bitcoin Cash as a payment method rather than Bitcoin, Ethereum, and USDT because it has cheaper fee and fast transaction.

The article was inspired by the question of what if Amazon invests in Bitcoin. Let's be a bit honest here the chances of this happening is decent, already companies like PayPal accept Bitcoin Cash. I know the Bitcoin Cash community is working very hard to make Bitcoin Cash adoption a reality and I believe it would come to pass soon.

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Avatar for DavidKomolafe
3 years ago

Comments

They could have their gift cards in the form of slp tokens

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3 years ago

I have mentioned this to a lot of people in my circles. I have also written about the new global economy and the changes coming to e-commerce on another blog site that I belong to. What you are saying here is 100% spot on. Being someone personally who has an Amazon Prime account I do a lot of shopping on there I would love a Bitcoin Cash option. Could you imagine Dapps on the Amazon app store!?!? It's coming, it's only a matter of time. The only thing I could see that hinders a major online retailer like Amazon adopting blockchain payments is not the company itself, but the customers nervous to spend their Bitcoin Cash as a means of commerce, and instead wanting to hold on to it as a store of value. Great presentation on your article. Very easy to read! I'm new here so it's nice to meet you. I subscribed, and I look forward to reading more.

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3 years ago

Thanks a lot i see a lot lf people love the what if episode being put out. Thanks for your comments also it motivates me to write more.

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3 years ago