2024-12-09 11:00:09
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Amazon's Potential Embrace of Bitcoin
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Global think tank proposed Bitcoin reserve to Amazon
Economy
Finance
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A Washington think tank proposed Amazon allocate 5% of $88 billion to Bitcoin by 2025, citing Bitcoin's outperformance of bonds and stocks, and noting MicroStrategy, Microsoft, BlackRock, and Fidelity are exploring Bitcoin reserves to preserve shareholder value amid high inflation.
Crypto.news
CZ encourages Amazon to accept Bitcoin payments
Economy
Finance
Technology
CZ suggests Amazon accept Bitcoin payments for their online marketplace, to gain a better perspective on Bitcoin's value. Dash's Joel Valenzuela questions Bitcoin's suitability, but CZ defends it. A think tank proposes Amazon invest 5% in Bitcoin to protect shareholder value, as cash and bond yields weaken.
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