As a must-have coin, 2017 is a year of bitcoin.
Up to ninety-nine, just down, just go,
The teenager saved their hot money and the old man found out their coffin.
I don’t know if there are any points in my heart, but there must be a certain amount of coins on the books.
An old lady in the neighborhood, who has been giving people a bicycle for a living.
Later, I only fired Bitcoin for two months and drove directly to Passat.
Inquired, she sold the bicycle.
The problem is coming:
Bitcoin is hot, so who is the real opponent of Bitcoin?
Ethereum? Litecoin?
Or... Amazon?
First, the world's largest online retailer
Amazon’s sales last year were $94 billion, accounting for about half of all online sales in the United States. Although Amazon supports multiple payment methods, it does not currently support Bitcoin and any cryptocurrency.
Obviously, no matter which kind of currency, once you get Amazon's support, it will be skyrocketing. However, Amazon, what are you waiting for?
Second, restrictions
One of the main reasons Amazon does not support cryptocurrency is the speed of the transaction. Take the two most popular currencies as an example:
Bitcoin: up to 7 transactions per second
Ethereum: up to 15 transactions per second
During the Amazon member sale last year, the transaction peaked at 600 per second. Even if only a small percentage of customers choose to pay in cryptocurrency, their transaction waiting time can be as long as several hours.
However, not all cryptocurrencies can do anything, such as Ripple, which can support 1,500 transactions per second. So if Amazon thinks, nothing is impossible.
Third, Amazon is in action
Although there is no official announcement, Amazon has begun to make small moves - and it seems that it is not good news for Bitcoin. For example, they bought these domain names in October last year:
According to the "customer first" principle, if customers have demand, Amazon will not sit idly by. And its customers are distributed globally, and another benefit of using cryptocurrencies is that you can avoid exchange rate troubles.
Fourth, where is the bitcoin road?
The possibility that Amazon will not get involved in cryptocurrency
To transform from an investment currency to a currency, Bitcoin needs to be more widely accepted by global merchants. Amazon does not support cryptocurrency for the time being, which is good news for Bitcoin, but this situation will not last long. At least he can temporarily keep the position of the currency coin boss.
Possibility 2 Amazon's rival currency to support Bitcoin
Given that Bitcoin can't support higher trading frequencies, Ripple might be a good choice if Amazon wants to support a cryptocurrency. This will directly shake the position of the leader of Bitcoin. For example, Visa issued a Monaco coin credit card, which can be used to bind Bitcoin and Ethereum, which directly caused Monaco's value to soar by 7 times. Which currency do you want to trade with Amazon?
The possibility of Amazon to develop its own cryptocurrency
Amazon's powerful code community is not just for on call. They are fully capable of designing and developing new currencies and defeating Bitcoin in terms of scalability and privacy. More importantly, the “Amazon Coin†can be seamlessly integrated into Amazon's ecosystem: seamless use between Prime, Twitch, and Audible. And marketing methods can keep up with: If you use Amazon.com to buy Amazon products, you can enjoy discounts.
This will be the biggest threat to Bitcoin.
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