CandleFocus CZ encourages Amazon to accept Bitcoin payments
2024-12-09
Author: Content Editor
The former CEO of Binance, Changpeng 'CZ' Zhao, has suggested that Amazon should start accepting Bitcoin as a form of payment. This comes in response to shareholders requesting Amazon to consider adding BTC to its treasury. CZ believes that accepting Bitcoin for their online marketplace would provide the company with a better understanding of its value compared to traditional currencies. While some argue that Bitcoin is not a good payment method, CZ stated that it is still better than traditional finance options. Many comments on CZ's post expressed optimism that Amazon may one day invest in Bitcoin. The National Center for Public Policy Research has also proposed that Amazon diversify its treasury by adding Bitcoin as an asset.
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