{"id":46655,"date":"2021-07-26T09:58:00","date_gmt":"2021-07-26T06:58:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=46655"},"modified":"2025-09-01T17:32:48","modified_gmt":"2025-09-01T14:32:48","slug":"media-reports-that-amazon-will-start-accepting-bitcoin-the-company-denies","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/media-reports-that-amazon-will-start-accepting-bitcoin-the-company-denies\/","title":{"rendered":"Media reports that Amazon will start accepting Bitcoin; the company denies."},"content":{"rendered":"<p>The tech giant Amazon plans to add support for payments in Bitcoin by the end of 2021, City A.M. reports citing an insider.<\/p>\n<p><!--more--><\/p>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">27 July 2021 | 00:18<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>In Amazon <a href=\"https:\/\/twitter.com\/CarolineHydeTV\/status\/1419749553218236417?s=20\">denied<\/a> the rumours outlined in City A.M.&#8217;s publication. Bloomberg reporter Caroline Hyde said so.<\/p>\n<p>The company said it would explore cryptocurrencies.<\/p>\n<\/div>\n<p>According to him, Bitcoin is the first step in the company&#8217;s cryptocurrency ambitions. Amazon&#8217;s leadership is allegedly planning to add other well-known digital assets.<\/p>\n<p>The source claims that the initiative \u201ccomes from the very top, from Jeff Bezos\u201d and the project is \u201calmost ready to launch\u201d. The company, according to him, may also issue its own token.<\/p>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">26 July 2021 | 14:13<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>A Twitter user by the handle CryptoCobain said that he started the rumor about Amazon adding Bitcoin payments.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I don\u2019t know about you but that quote seems 100% legitimate and IMO a real Amazon insider said that quote for real <a href=\"https:\/\/t.co\/7ITnsULL3r\">pic.twitter.com\/7ITnsULL3r<\/a><\/p>\n<p>\u2014 cobie (@CryptoCobain) <a href=\"https:\/\/twitter.com\/CryptoCobain\/status\/1419434917784588290?ref_src=twsrc%5Etfw\">July 25, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cJust convinced a dumb crypto journalist that I am an Amazon insider,\u201d wrote CryptoCobain.<\/p>\n<\/blockquote>\n<p>Amazon&#8217;s press office did not respond to ForkLog&#8217;s request.<\/p>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">26 July 2021 | 14:58<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>Analyst Alex Kr\u00fcger questioned whether the publication had published accurate information.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">City AM is the kind of newspaper you only read while on the tube (subway) \u2026 if your phone\u2019s battery is dead.<\/p>\n<p>Why would an anonymous Amazon insider talk to them? <a href=\"https:\/\/t.co\/izmYRGuFGM\">https:\/\/t.co\/izmYRGuFGM<\/a><\/p>\n<p>\u2014 Alex Kr\u00fcger (@krugermacro) <a href=\"https:\/\/twitter.com\/krugermacro\/status\/1419623581420605445?ref_src=twsrc%5Etfw\">July 26, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cCity AM is the kind of newspaper you read only on the subway\u2026 if your phone\u2019s battery is dead. Why would an anonymous Amazon insider talk to them?\u201d<\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n<p>In August 2019, Amazon posted a software developer vacancy on LinkedIn, which, among other tasks, was to involve \u201cworking on blockchain.\u201d Later the company removed the mention of blockchain from the vacancy text due to media buzz.<\/p>\n<p>In early 2021, the Amazon Digital and Emerging Payments <a href=\"https:\/\/u1f987.com\/en\/news\/amazon-announces-recruitment-drive-for-developers-for-a-digital-currency-project\">announced a recruitment drive for developers and engineers<\/a> for a new digital-currency payments product in Mexico.<\/p>\n<p>Earlier, the cloud computing platform <a href=\"https:\/\/u1f987.com\/en\/news\/amazon-posts-vacancy-for-defi-focused-head-of-blockchain-products\">Amazon Web Services posted a blockchain specialist vacancy<\/a> with experience in decentralized finance.<\/p>\n<p>In July, the tech giant hired <a href=\"https:\/\/u1f987.com\/en\/news\/amazon-posts-product-lead-vacancy-in-digital-currencies-and-blockchain\">a product lead for digital currencies and blockchain<\/a> to work in Payments Acceptance &#038; Experience in Seattle, Washington.<\/p>\n<p>Follow ForkLog\u2019s news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The tech giant Amazon plans to add support for Bitcoin payments by the end of 2021, City A.M. reports, citing an insider.<\/p>\n","protected":false},"author":1,"featured_media":46656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[170,18,1198],"class_list":["post-46655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-amazon","tag-bitcoin","tag-crypto-payments"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=46655"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46655\/revisions"}],"predecessor-version":[{"id":46657,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46655\/revisions\/46657"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/46656"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=46655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=46655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=46655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}