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Personally I believe Crypto will become the natural evolution of stocks. Every corporation will make their own coin that will work just like stocks but can also be a rewards program of sorts. For example you go buy something at Amazon and as a reward you get .0001 AMZ Token that will gain interest over time as well as be used as a payment method like a debit card. Or you can use your AMZ Tokens on the Amazon store and receive a small discount. Or something like that.
I can't even imagine something more bullish than AMZ accepting BTC
So funny how Bitcoin is being attacked for using energy. How much renewable energy does the cars of the world use? How much renewable energy does the porn industry use? How much renewable energy does FB/G/AMZ/APPLE use? Humanity spends energy on all kinds of usefull/unusefull things. Its a matter of perspective, if there is utility or not. That perspective will "never" be unison. Some value their diesel trucks, other value their daily porn use and some value Bitcoin mining. The long term goal for humanity, should be 100% renewable energy. And not pointing fingers of which vice is a waste of energy...
in the u.s. converting to fiat to pay bills or have some fiat on hand would be a taxable event. there will need to be some tax law changes on what the IRS considers crypto to be.. Property. wealthy athletes getting paid in BTC is one thing but for the average say Miami municipal employee getting paid in crypto might be a problem or NYC or any of these other localized communities that want to become hubs etc. the tax man will have his say just imagine the average Amazon employee getting his pay in stock on a 40k a year job. Id like to fill the gas tank please.. do you accept AMZ BTC ETH oh and can I get a Tax Form with that.
tldr; AmazonToken is a permissioned blockchain digital currency proposed by American social media company Facebook. The Amazon token will launch on December 1st at 14:00 UTC. Investors looking to participate in the fundraiser can contribute BNB, BTC, ETH, TETH tokens to acquire their first AMZ without paying any taxes. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Seeing as the HQ on the website states NY when AMZ is based out of WA I'm going to ignorantly call it fake.
That’s a tough question. If you asked the same question 20 years ago during the dot com boom, knowing what you know now….. I think crypto is similar and all the crypto related investments as well as owning actual crypto…..it’s like the early days of the dot.com era of the late 90s early 2000’s. When the dust settles there will be companies left that are as big as GOOG , APL, AMZ, FB etc, but will be crypto companies. Don’t just buy actual crypto…invest in the companies and infrastructure that will pave the way to worldwide crypto adoption/economy. For a million ….I’d need to think about it.
Unrated comment, just Tezos and use shopping.io to buy on AMZ.
Anyone heard of AMZ, supposedly this is Amazon's Token payment system. But not sure if actually legit??
First, ignore clickbait summation headline it’s more nuanced than that, he sounds like a smart guy, especially regarding FB & AMZ digital currency. However: >Cryptocurrencies and their underlying technology hold out the promise of democratizing finance by making digital payments and other financial products and services easily accessible to the masses. But because of existing inequalities in digital access and financial literacy, they could end up worsening inequality. In particular, any financial risks arising from investing in cryptocurrencies and related products might end up falling especially heavily on naïve retail investors. This is the human condition on democratization. There will be an excluded group. From Athens to America or Spanish gold to BTC there will be a group of people that for whatever reason will not or cannot have access. Reduction of that number is the only achievable goal. Elimination is impossible. Like a “war on terror” - inequality will always be there. Oh and naïveté will always be around too.
Bank is the worst kind of cooperation. Even AMZ is better somewhere.
After reading this DD and found it quite convincing, I'm solemnly announcing that I'm going forward to liquidate all my sh*tc..sorry...shares of AMZ, AAPL and Microsoft and put it into Dogemoon, Safemoon, cookiemoon, muskaritomoon😁!! Sh*tcoins TO THE MOON 🚀🚀!!!!!
Absolutely, AMZ has already proven they can be swayed by bias so much they shut down Parler because they didn't like their politics, once they have done that you cannot trust them for anything critical that might be perceived to be the slightest bit toward the right or out of the mainstream. Time to give different people our money for hosting, you either believe in free speech or you don't , Amazon has shown they don't.
Not many people timed Amazon even close to well. Many lost through that volatility and trying to trade it as the vast majority of traders do. From May 2014 to today AMZ has gained ~1200%. By simply holding, an investor would have had a much higher chance of total profit (vs a trader), done much less work and paid no cap gains. You’ll never convince me trading that market would have been better than just holding. “Signs of exhaustion”. Check back in 12 months and let’s review and rate your trade.
My old friend would be a living BTC whale if she is alive today. She used to tell me Satoshi created bitcoin as part of response against unreliable central banks and financial institutions during 2008 housing crash in the USA. Anyway she said she bought 3297 btc in 2012 when each btc was about $12. Her crypto investment started mainly as a way to protect her stock inheritance against her greedy scummy relatives. She told me her greedy relatives forced her to sell almost half of her Amazon shares and then send USD to few early crypto exchanges so she could buy btc. She later moved to Coinbase in 2013 and stored her private keys in several hardware wallets after hearing news about exchanges getting hacked. Unfortunately she took her own life after several years of dealing with manipulative relatives. Her life in college was particularly miserable because they looked for every little opportunity to milk out her assets her parents left behind. They heard about bitcoin and started to pressure her more by complaining how their persisting unemployment and stock investment failures are threatening to make them go homeless. She eventually sold her remaining AMZ shares to help them pay to avoid foreclosure. Before the end March in 2020, she had enough dealing with this perpetual nightmare. When COVID-19 crashed the entire stock market, they started to call and email her like hungry, maniac vultures. Their constant pursuit after her BTC was the biggest contributing factor behind her unexpected death. I won't explain how she died. I'm currently in process of finalizing a lawsuit against these two lowlife scumbags. She told me everything before she left this miserable world filled with vicious people. Before the end of 2021 they will be sent to a state prison. My family's lawyer will make sure they will never get away from their crimes. But we will never be able to recover her life. She is forever gone. Only her unclaimed 3297 BTC
Interesting,.. I was just looking at these on AMZ. Count me in.
You hear HODL a lot, total market is irrelevant if people aren't selling (i.e. the stock market). Imagine If AMZ sold all at once, there isn't $1 trillion liquidity available... Heck, there isn't 20 billion available (total). Doge made it to $.70 recently, it doesn't mean it's worth that market cap, there just needs to be enough buy side to cover the sell side. Many coins are locked up, something like 50% of all Bitcoin hasn't traded in 10+ years, if the whole supply tried to cash out, it would be worth 0. But, that isn't going to happen, so you can get $46k in a few minutes for something intangible and not required for any purpose... You can (& people do) buy something like Doge, sell near ATH & turn a couple grand into a million & change... happens all the time in crypto. I myself bought BTC @ $6K, sold at $60k in less than a year. Zero effort.
I would pay $AMZ to watch this movie
Oh boi, the degenerated decentraland resistance (us) must fight the AMZ coin to our descendants have future
This is the truth. We also have the antecedent of Facebook and Libra where the congress didnt like it at all and made all Zuckerberg plans to hold, Amazon is huge and is based in US, they will have to go by regulators and have to be congress approved, its not that one day Bezos will say ok im launching AMZ token, get ready bois, it wont happen this way if they even decide to take out a token/coin or whatever.
Amazon having a coin feels like the first step to a post apocalyptic movie American currency crashes but the value on Amazon's $AMZs stays stable. Amazon purchases thousands of new services and stores in the crash. Thousands of Amazon employees opt to get paid in AMZs. Businesses chose to follow suit and adopt the AMZ or be left on losing out on the million of workers who only carry AMZ. For the first time a currency competes directly with USD. Amazon buys pay service Paypal and Venmo integrating currency exchange. Amazon charges users to exchange global currencies and makes it so only Amazon itself can exchange AMZ. AMZ become its own bank offering retirement account which invest in Amazon development. They offer mortgages and loans and invest in large scale housing projects. Soon an Amazon worker does everything in the Amazo. ecosystem. Amazon opens schools for their workers. Amazon non profit is established to allow for organizations to support missing holes in the Amazon eco system. People buy groceries, eat at restaurants and live in Amazon public housing. Soon Amazon condenses its housing and buys large tracts of land and establishes the first Amazon City. The US Government demands access to these cities but Amazon as a corporation is seen as a person and the Supreme Court rules it protected under the 4th. Amazon starts to form militias to protect their personal sovereignty. Fearing the FBI or ATF would raid their cities with a made up excuse. Amazon creates Amazon Gun creating Amazon focused weapons development. This leads to the USA declaring war on the 3 Amazon cities. At first the USA has military supremacy but soon realized they cant keep up to Amazon production. AMZ at this stage is deeply integrated into American society. The USD never recovered and the war had only worsened its decline. Their currency continues to wane in its value. Soldiers begin to walk off the front lines unable to feed their families at home. AMZ is declared Victor and recognized as an independent state. The USA gets to maintain a few of its east coast and southern cities but must declare Amazon as the corporation of America. Adopt the AMZ and destroy the USD. This turns the USA into a puppet government of the Amazon.
Everyone will abandon decentralization the second they see AMZ coin pumping.
Why would AMZ pursue BTC? For one it would save them 100s of millions in credit card processing fees. Agree that the current BTC Blockchain is too slow for retail... But imagine, if AMZ (one of the largest compute companies in the world) came up with a clever second layer approach akin to lightning (perhaps with their own token) to facilitate instant transactions powered by AWS infrastructure. They could literally become the VISA of crypto. They're exploring the technology for a reason and have the brains, resources and infrastructure to have an impact.
\*uck Amazon.I ain't touching their token. AMZ gift cards are enough
And you can guarantee AMZ will be attempting to create some bullshit Alexacoin to try and do their usual monopolistic BS - which will no doubt ensnare less savvy customers and cause more harm than good. This is the Bezos way
There are pretty obvious reasons why Amazon coin, if it even exists, can't be a traditional crypto and would have to be something akin to the stablecoin: Amazon cannot pull a Dogecoin on consumers. They would get absolutely rekt legally. Imagine if AMZ goes live and pumps 400% before dumping and people lose money similar to how they did with DOGE: the damage done to the company would be massive and there would be legal consequences. In fact they already have a stable coin tied to the dollar which is only redeemable at Amazon.
Stake 100 AMZ to send Bezos to outer space again
Stake $200 in AMZ for free prime membership
“Unnamed employee” Man I wish I had a job writing financial articles Seriously now that there’s a rumor about BTC, AMZ tomorrow will bump 4-6% in AH. Now, you can turn to doubters within AMZ and say “SEE, the people want this!” Merry-go-round. IDGAF, I’m happy to see green.
AMZ (Amazon Coin) because it's never going to be something as fun as Bezos.
It’ll probably be something like AMZ20 token or something
Yeah I'm not sure and if they are on Blockchain and can go up in price and it's not just an Amazon token you buy to get discounts then I'm so bullish. It'll be like BTC ETH AMZ (Amazon) look at their stock already.
*ALEXA, buy iPhone 23 for 1250 AMZ tokens*
So many people seem to hate Bitboy, but this wasn't even about him. More about if it makes sense for something like he said could happen. And with Flexa help it kind of dose seem to make sense. And on funny not if it would ever happen merging would be quite simple AMP change to AMZ and Flexa to Alexa..
Since Amazon has interest in crypto what would their own coin be called? Prime Coin? AMZ Token?
you are too focused on thinking AMZ Google JPMorgan are global ubercompanies that are automatically successful in everything they pump money into. They can't buy years of open source development with short term money.
The trick is being smart enough to do your own research to see which one is actually correct. So far, I have found 2 that my research also backs up the emotional frothiness of the /r. The rest turned out to have gaps, holes and misleading information. For instance, one turned out to have unlimited minting as it is intended to scale with demand of the storage network. The limited coin is called something else and only held by the developers. You had to dig deep to find out the developers really didn't even expect it to moon, by design. However the /r seems to pretend it will somehow miracle to 10$ or more. So much shit to wade through now, it's like trying to buy something on AMZ that isn't a knock off import from lawless IP-infringement places.
The ETH/ ADA network core base is utility and adoption The Smart chain and BNB are based around trading and speculation Similar to the Dot.com bubble lot of the big companies at the time seemed to be on equal footing to AMZ and GOOGLE. However after the rug pull they quickly evaporated into obscurity BNB's main value right now is coming from pure speculative trading. When the underlying assets stop being traded then it will go down If they changed up and do the COIN/ KRAKEN models of slowly shifting to centralized "crypto banks" than exchanges it might help. But why would you trust Binance? Hell they know that people only use them because they will host any coin
I am new to crypto in the sense of actually owning it. However, a general rule is to apply the same principals you would to the stock market, if you've done that before. Look for solid business plan backed projects that have decent to good partnership/backers. So for instance, when you first get into the market, you get something stable from stable industries to start. Maybe MSFT, AMZ from tech and some stable grocery store stock and maybe something in the fuel/energy sector that has been stable and growing. Then you mix in with your spare change some high risk pennies and new hotness companies. Do the same with crypto. Start w/ BTC, ETH and then get some more risky alts for moon landings off what you can loose. Safemoon may not fit any of those rules or it may hit all of them, I do not know. Look for stuff with real world use and application with other companies onboard with it.
a few of us signed up for this to see what it was, and within 15 minutes we received a scam SMS "You paid $3969.00 against Apple MacBook Pro(13-inch) M1 at AMZ". have other people received the same? I think Pi are making money by selling our information.
You realize that nobody is buying from AMZ that you created, the shitcoin creator token tag is AMZN and you're trying to scam people to buy from your token
Giving money to AMZ is the opposite of the movement brah
Yeah no fuck it implies that - your implication you didn’t have AMZ is just as hypothetical. 94% of professional day traders don’t beat the market. So if holding is retarded, but you can’t beat the market - wtf does that make you?