On October 31, Amazon registered three domains related to cryptocurrency, sparking speculation that Amazon may soon begin accepting cryptocurrency. The domains are amazonethereum.com, amazoncryptocurrency.com, and amazoncryptocurrencies.com. Amazon already owns the “amazonbitcoin.com” domain name. This is not the first time a rumor has circulated that Amazon will accept digital currency. A few weeks ago, there was news based on sources in Silicon Valley reporting that Amazon could soon integrate Bitcoin as a payment option. Any move to do so by Amazon, one of the most innovative and influential tech companies in the world, would have enormous consequences. However, during an interview, Amazon Pay’s VP Patrick Gauthier stated that Amazon does not plan to accept cryptocurrency since there is little demand. Considering that the majority of online payments are done via debit and credit cards, Gauthier’s statement sounds reasonable and convincing. It’s possible that Amazon bought the domain names simply for defensive purposes and has no plans to accept digital currency. Amazon may have no plan to accept cryptocurrency now, but Amazon’s attitude matters greatly. It’s reasonable to assume that if Amazon eventually accepts cryptocurrency, the entire market could be lifted.
Amazon has registered three cryptocurrency - related domain names , adding to rumours it may soon start offering payment in digital currencies . The e - commerce giant registered amazonethereum.com , amazoncryptocurrencies.com and amazoncryptocurrency.com on 31 October . The move followed news based on Silicon Valley sources that Amazon would soon integrate bitcoin as a payment option . Amazon Pay CEO Patrick Gauthier denied the rumours , saying there was little demand for cryptocurrency .