{"id":569961,"date":"2022-04-14T18:38:14","date_gmt":"2022-04-14T17:38:14","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=569961"},"modified":"2022-04-14T18:38:14","modified_gmt":"2022-04-14T17:38:14","slug":"amazon-ceo-believes-in-crypto-could-sell-nfts","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/amazon-ceo-believes-in-crypto-could-sell-nfts\/","title":{"rendered":"Amazon CEO Believes in Crypto Long Term, Amazon Could Sell NFTs in the Future"},"content":{"rendered":"<p>Summary:<\/p>\n<ul>\n<li>Amazon CEO, Andy Jassy, believes cryptocurrencies will become more significant over time<\/li>\n<li>Mr. Jassy admits he does not own Bitcoin nor NFTs<\/li>\n<li>Amazon could sell NFTs in the future<\/li>\n<li>However, the online retailer is not keen to add crypto payments to the platform.<\/li>\n<\/ul>\n<p>Amazon CEO Andy Jassy, who replaced Jeff Bezos in mid-2021, believes cryptocurrencies will become more significant over time. Mr. Jassy shared his analysis of the crypto industry in <a href=\"https:\/\/www.cnbc.com\/2022\/04\/14\/andy-jassy-says-he-doesnt-own-bitcoin-says-amazon-could-sell-nfts.html\" target=\"_blank\" rel=\"nofollow noopener\">an interview<\/a> on CNBC&#8217;s Squawk Box. He also clarified that Amazon would not be integrating crypto payments on the platform soon.<\/p>\n<p>In addition, Amazon&#8217;s CEO clarified in the CNBC Squawk Box interview that he did not own any <a href=\"https:\/\/en.ethereumworldnews.com\/category\/news\/latest-bitcoin-btc-news\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> nor Non-Fungible tokens. He said:<\/p>\n<blockquote><p>I don\u2019t have bitcoin myself..<\/p>\n<p>We\u2019re not probably close to adding crypto as a payment mechanism in our retail business, but I do believe over time that you\u2019ll see crypto become bigger.<\/p><\/blockquote>\n<h2>Amazon Could Sell NFTs in the Future<\/h2>\n<p>However, Mr. Jassy was keen to add that Amazon could sell <a href=\"https:\/\/en.ethereumworldnews.com\/category\/news\/nft\/\" target=\"_blank\" rel=\"noopener\">NFTs<\/a> in the near future. He stated that he expected NFTs to continue growing at a significant rate, and the company could sell them down the road.\u00a0NFTs could be ideal for the online retailing giant as it also sells digital music and books.<\/p>\n<p>Furthermore, NFT sales would be in a similar trajectory to Amazon&#8217;s competitor, <a href=\"https:\/\/en.ethereumworldnews.com\/ebay-stripe-drop-out-libra-paypal\/\" target=\"_blank\" rel=\"noopener\">eBay<\/a>, which <a href=\"https:\/\/www.reuters.com\/business\/retail-consumer\/ebay-taps-into-nft-frenzy-allows-sale-platform-2021-05-11\/\" target=\"_blank\" rel=\"nofollow noopener\">opened the doors<\/a> to NFT sales on the platform back in May 2021.<\/p>\n<h2>Amazon is Keen to Add Web3 Technology to its Business<\/h2>\n<p>In July of 2021, <a href=\"https:\/\/en.ethereumworldnews.com\/polygon-studios-welcomes-new-hires-from-amazon-google-and-more-to-web3\/\" target=\"_blank\" rel=\"noopener\">Amazon<\/a> advertised a position for a digital currency and blockchain product lead with a focus on Web3 products.<\/p>\n<p>The job description requested a knowledgeable candidate in blockchain, distributed ledger technology, central bank digital currencies, and digital assets. Additionally, the ideal candidate would work closely with Amazon&#8217;s AWS teams to develop a roadmap for potential product offerings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Summary: Amazon CEO, Andy Jassy, believes cryptocurrencies will become more significant over time Mr. Jassy admits he does not own Bitcoin nor NFTs Amazon could sell NFTs in the future However, the online retailer is not keen to add crypto payments to the platform. Amazon CEO Andy Jassy, who replaced Jeff Bezos in mid-2021, believes cryptocurrencies will become more significant over time. Mr. Jassy shared his analysis of the crypto industry in an interview on CNBC&#8217;s Squawk Box. He also [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":569962,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[947,108339],"tags":[123,108421,48,108182,108184],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/569961"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=569961"}],"version-history":[{"count":2,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/569961\/revisions"}],"predecessor-version":[{"id":569964,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/569961\/revisions\/569964"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/569962"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=569961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=569961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=569961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}