In 2014, Amazon declared that it will not accept Bitcoin because it was not what the customers coveted. But now much has changed since then and bitcoin has been accepted all around the world. For example in the start of 2020, many small to medium size industries have started accepting Bitcoin including AT&T. but now Bitcoin is bit more mainstream, so does that mean Amazon will accept considering bitcoin?
Recently, Amazon has posted on its job board about hiring employees to work on a Digital Currency project in Mexico. The project’s main purpose is to convert cash into digital currency. The post means that Amazon is looking for an experienced product leader to develop Amazon’s digital currency. The insider updated that Amazon hopes to accept bitcoin by the end of this year. This decision has been taken after serious discussion and it’s an integral part of the future. Let’s see how Amazon will work on this.
Furthermore, according to the daily HODL, an anonymous software engineer at Amazon specified that the company has discussed about accepting Bitcoin payments several times but the major concern was that how the company will accept the refunds and returns. We can still say that no final or official words have been declared by Amazon about the acceptance of Bitcoin. But plenty of signs and signals have been heard up till now. Amazon accept bitcoin gift cards but not accept bitcoin, this step adds up a small and positive process towards bitcoinit is a positive sign to accept bitcoin as a quickest option.