Bitcoin Forum

Several companies have joined the Bitcoin/Blockchain bandwagon, leading towards new ATHs (All-Time-High) for major crypto assets on the market. Both PayPal and Tesla's announcement of adopting Bitcoin, has brought a certain level of confidence among investors and traders alike. People are pouring money like crazy in crypto, as they don't want to miss out the opportunity of a lifetime to make huge streams of profit.

Now that we have several prominent companies supporting Bitcoin, I'm starting to wonder which company will be next? Will it be Walmart, Amazon, or Apple? What do you think will happen if one (or all) of these major companies invest in Bitcoin? Will it benefit the market immediately? Or will it take some time? Do you think such companies will control a huge portion of Bitcoin's supply, effectively making it centralized? Your input will be greatly appreciated. Thanks in advance. :)

Maybe you want to check out the thread below.

Topic: List of stuff you can use bitcoin for. (https://bitcointalk.org/index.php?topic=3097705.0)

It looks like the above thread was very helpful for finding companies that support Bitcoin.

The most interesting point in your topic a question about centralization. We know Bitcoin is a decentralized cryptocurrency, but if a major part of Bitcoin accumulates by all the centralized organizations then we will face a problem. Because due to holding a major part of the Bitcoin they will able to manipulate the Bitcoin market as they want. I know if one or all of these companies invest in Bitcoin then the price would record a new ATH and also it would be a massive adaption. But most probably it would drive to centralization as you said. Rather than accumulate a huge amount, if they accept Bitcoin for payment, then it would be massive and long time adaption forever until they accept.

Some companies that have accepted bitcoin need time to do research on the use of bitcoin that will be applied to their company. For example, Tesla has adopted Bitcoin payments. This provides an opportunity for crypto users to buy Tesla Cars using Bitcoin.

some other large companies may still be doing research on cryptocurrency, especially Bitcoin. Because currently Bitcoin is a very popular asset with very good development. Maybe Apple, Walmart, Amazon or some other big company has plans to adopt bitcoin. just a matter of time. Bitcoin is becoming a more revolutionary future payment alternative.

There will be a breeze in the market which will result in a positive outcome for all of us. Whether it will take some time or have an immediate effect, such contributions would be just as the same as Tesla and PayPal's announcement.

And I think their model to follow for companies who have acquired earlier, one of it will be Grayscale and Square. So if Apple and Amazon and even Microsoft goes back on it, that's a sign that will be rushing to get as much as they can.

Bitcoin is increasingly popular and developed. It's great if Amazon, Apple, Microsoft approved Bitcoin and watching Bitcoin as a legitimate method as Tesla did. I think the market will be very exciting. When companies that adequate Bitcoin, Bitcoin will be widely applied and will be a common method and investment channel in the future.

The market turns exciting for some time period, after that one by one try to hold the maximum possible. This will make the majority of the bitcoin holdings under the mentioned big players of the market. This will ruin the decentralized feature, and the same will make the market easy manipulative. When market is centralized and highly manipulative we can't see the market to be exciting as now.

Maybe retail and eCommerce will be the big ones that will support bitcoin because most big tech companies are leaning on making their own cryptocurrency like Facebook on their Libra project. Hopefully that will be the case but I could be wrong and tech companies will adopt first.

It's already here now, its called TBTF - TOO BIG TO FAIL, once any financial instrument is a critical part of the retirement system, and/or cop-fireman pension system, then the FED will bail out every loss.

We're here now,

The irony of course is that BITCOIN Satoshi mythological narrative was that BTC was going to free us from FIAT and the system, the reality is that BITCOIN is just same-same with 100% absolute tracking, and loss of privacy.

Go figure, ahh but you all going to get rich on virtual paper.

Starting in the Fall of 2000 during the COVID spending spree, it was decided by Institutions that BITCOIN was the place to park your cash, thus $350B of new money flowed into BITCOIN raising the price from $10k to $63k, now with a 20% pullback, its not like the real 'money market', its more like a casino ( which reality thinkers already knew )

The institutions are frantic to find places to park cash that isn't theres, all the new money that came into BTC was either OPM, or borrowed (Musk)

There is no doubt at this point in time that FED covers both BTC-ETF's, and BTC itself, given IRS control's COINBASE.

---

As soon as BTC futures came to be, and now BTC-ETF's all was lost, just like GLD controlling the price of GOLD

The system now controls BITCOIN pricing, they can do as they wish, 'fractional reserve bitcoin' is here, they can sell 100x btc , or buy up to them

They can pull in new fish by the promise of getting rich, or they can issue news to force the fish to sell to bring money-velocity up, the last thing on earth that the system wants is HODL, the entire reason for CBDC and virtual-yuan in China is that the digital-currency loses value if you don't spend it as soon as you obtain it

Original Satosh BITCOIN enablers, never saw BTC as "Get Rich Quick" which is 99% of this board ( forum aka bitcointalk ), funny thing is that under new management (IRS/FED) Biden is going to tax the hell out of these gains, like they said on the Batman movie, we told Bitcoin would take you places, we never said "Good Places".

[moderator's note: consecutive posts merged]

Bitcoin is increasingly popular and developed. It's great if Amazon, Apple, Microsoft approved Bitcoin and watching Bitcoin as a legitimate method as Tesla did. I think the market will be very exciting. When companies that adequate Bitcoin, Bitcoin will be widely applied and will be a common method and investment channel in the future.

there's a video i think its raoul pal of real vision that talked about Walmart that will possibly join. but this will depend on the owner if he sees it as a plus for his business.
the first to join will normally be the companies in finance because they are the ones who'd see the benefits.


we are about to celebrate which big company is going to join and we already are assuming Walmart or could be Apple which could skyrocket the price. you just appear to poop the party.  :'(

I'm looking for Apple and Amazon because this will bring a big impact for crypto not only in certain place but worldwide.

Imagine that the biggest Mobile/gadget company and online home furniture will be adopting Bitcoin?

wondering that wallmart and other companies will surely follow the trend if then.

I think bitcoin should be given some time to rest. Now the most positive news still does not move bitcoin up, and this means, that the market is overheated and any negative news will greatly lower the price.

Experts from the scene are skeptical. "Still very few people own Bitcoins", even if a broader mass could be reached through PayPal, Bitcoin is not a suitable means of payment due to the high fluctuations. In addition, Bitcoin fans do not give up their coins, but rather rely on the increase in value.

But everyone who takes part will lose in the long run.

How can experts say that there are few people own bitcoin if the market itself show how much users there are and not counting those who are just hodling. But I agree to the fact that Bitcoin isn't the most efficient way to be use as a means of payment due to stability of the price to fluctuate anytime. If I were to implement a means of payment on my business then I rather choose USDT or BUSD or any other stable coin out there to avoid the pump and dump when transacting.

I just hope that more and more companies implement crypto on their business, not just Bitcoin but rather other cryptocurrencies so we may be able to pick which crypto is the most convenient when it comes to transaction fee, transaction speed and available crypto.

General discussion about the Bitcoin ecosystem that doesn't fit better elsewhere. News, the Bitcoin community, innovations, the general environment, etc. Discussion of specific Bitcoin-related services usually belongs in other sections.

For sure e-commerce sites would probably the next companies though, as their aim would be primarily to extend their reach to people on how can they buy or pay for their merchandises.
Not sure if even Microsoft is still adopting it, but I recall back then that they allowed it as a payment method for their products.
Steam was also one back then, but  due to volatility they pulled it off.

We will not know which company will support bitcoin because the company will not tell about that to the public. Not until they are sure that they will make a profit by investing in bitcoin. The other scenario will be the big company is already invested in bitcoin from a few years ago but they do not announce to the public and still hide their support to bitcoin. We will see something soon about which company supports bitcoin because bitcoin has become more popular than a few years ago.

Among the three big companies, I would like to choose Walmart and Amazon. Their ecosystems will be boosted with Bitcoin adoption and later adoptions for top altcoins. People will use their Bitcoin (better if they integrate Lightning network payment gate) and altcoins for their expenses/ checkouts on Walmart or Amazon.

Why I don't choose Apple? It is basically from their core approaches with which they only want to shill Apple products and try to force Apple users to use as many products from Apple as possible. They don't want to corporate or shill products of others.

If Apple accept Bitcoin, they will be one of the latest big tech companies.

Not sure about pouring money like crazy but I think you're right, people are definitely going big into crypto now bigger than ever before. You see a lot of stories now about 30+ year olds investing in dogecoin, that really makes you wonder what is wrong with this world:) They didn't budge in 2017 when BTC was doing well but this time following Elon Musk? Shows you just what millennials are thinking and how they live:)

Next big company people love? Gaming companies!

I would rephrase the question a bit and ask which of all these companies will stay with Bitcoin even if things go downhill? Also, all attention has been focused on large American companies, although some will say that they are positioned globally - but one should still wonder why some other large global companies have not shown interest in investing in BTC so far?

It seems to me that there is simply too much centralization in everything that has been happening lately - the biggest exchange Coinbase - the biggest crypto fund Grayscale - the biggest companies like PayPal, Tesla, MicroStrategy and all that US based.


What doesn't seem likely to me is Apple whose shareholder is the famous Warren Buffett (Berkshire Hathaway Inc - 5.96% of total shares), and we all know what he thinks about BTC. Furthermore, there is no doubt that such news would have a positive effect on price, but only in the short term - we have an obvious example of Tesla and PayPal having their 5 crypto minutes - and today the price is equal to that produced by the news of Tesla's $1.5 billion investment in BTC.

Inevitably, BTC will be centralized in the sense that large quantities will end up in one place - and when it comes to American companies, we know that everything ends up in Coinbase Custody, and that Coinbase has under its control around 1 million BTC.

Maybe we just need to wait for the time of it, it will happen soon, a lot of companies now are exploring the crypto community, they are now strating to invest in bitcoin which affects the market. It all started with the post halving way back last year before the year ends and followed by the tweet of Elon Musk about bitcoin which creates a big hype for the bitcoin community and now companies and countries are believing in bitcoin, hoping that we could have more good news regarding this.

I think it would be very cool for a company like Walmart to adopt Bitcoin (even though we don't have their shops in my country) because it would boost the availability of choice of what to pay for with BTC very fast. Amazon could also be a great choice for a similar reason, but I'd be less excited about that because Amazon is for online payments, and it only seems natural when Bitcoin is adopted for those. Unfortunately, I don't think these two are going to be interested in adopting Bitcoin anytime soon because the fees are making it ridiculous. Even if you go to Walmart and buy tons of stuff, paying $100 for the things you've bought, you probably won't be thrilled with paying a $50 transaction fee at all. And there are many things on Amazon which are also not that expensive, so the current fees make Bitcoin useless as a kind of payment there.

I'm thinking of this already for quite some time (maybe months already) that what if all of these major companies and establishments accumulate a huge portion of all the Bitcoins. A once decentralized currency might become a centralized because of them and because of these companies holding a huge chunk, they might dump if not all then most of their holdings at the same time. TBH, I'm also thinking that they might dumped some in the recent correction :D.

Now with the question of the OP, maybe we might see some companies that will join the ride too and not only them maybe but some other websites too. Maybe some small and medium businesses might accept cryptos in the future. We might see cryptos being used in the public or even in schools.

Before any company could support Bitcoin their board of directors will conclude it, all the previous companies that support Bitcoin today don't just wake up in a day and make the decision.
Therefore, it hard to know or tell the company that will support Bitcoin next but more companies will surely join the crypto investment and we don't need to be naive about the companies either because most of them joined crypto setting to increase their Bitcoin holding instead of buying it with their money and it will be nice if we limit the way we spend our holding.

Maybe the next adopters will be governments from some cities and states, like some have already showed interest in paying public employees wages and accepting payments from citizens for public services in bitcoin. However it's easier said than done, because there is so much bureaucracy to be fullfiled in public administration that an adoption like this ends becoming really hard on practice.
From the adoption perspective it's much easier for a private company/business to adopt bitcoin than a public administration.

I think the most important thing is that these events took place. The listed companies have shown the world an example and then it is up to others. It is not yet clear what these companies will be - but it is clear what they will be. I would like to see some kind of unity among technology companies that will continue this trend, as well as large banks that will show their attitude by such steps. We would like to see electricity generating companies allow the private sector to pay with cryptocurrency. That will be great!

After the Tesla announcement, I was looking forward to Apple Company being the next giant company that will go and uses bitcoin, as the Apply company I just think that bitcoin will fully suit Apple.

I mean Apple is of the top giant companies and seeing this company invest in bitcoin will surely be big news in the cryptocurrency community just like what happened on Tesla.

We can easily see a push in  the  price of  bitcoin  and I think that  could potentially be the reason why bitcoin will reach 100k$ in the market and even more because of this company.

It is not a lie, compared to the "normal" world and the fiat system, the percentage of bitcoin owners is low. I like to ask 10 people in the Freundeskreis and I can't get 3 out of 10. Bitcoin could be so big and valuable, but at least 6 out of 10 should have btc and then the rest will come by itself.

or maybe some of these companies are in the late stage of implementation already. of course, we will know it once they publicly announce the integration of btc or crypto in their system. but more then likely, a lot of companies are already looking into this.
when paypal and tesla announced the integration of crypto, i guess, some of these big companies are also into this but they still have reservations to announce it to the community. let's wait and in time, we will know these companies that will finally join this crypto revolution.

Don't forget though, people in this space. All the Tiktok videos and influencers and gamers and redditors. These are nerds and geeks like us who actually do love Elon Musk and Tesla. They respect him.

I am not sure Apple is as well loved or respected, in fact I see it get a lot of hate.

It'll be a different thing if Apple adopts BTC because Microsoft did it in the past too remember?

In the investment world, I dont think that love or hate on a individual can be a indicator to push the market. But, who is the whale and what the whale said is the biggest issue that really can influence the market. The point is who have much money and be the whale in this market, thats enough! No matter, he is hated or not. As long, he buy many BTC, it means he support the price.

It normal that Paypal and the Tesla integration of Bitcoin will inspire more companies to add Bitcoin to their procedure of payment but despite the benefits of Bitcoin integration, some companies won't support the motives while some companies will.
Meanwhile, it hard to know what will happen in the crypto market after this year which I believe bearish is what will happen and some of the companies that support crypto may choose to remove it due to their lack of knowledge cause they are into Bitcoin because of profit.

Oh but it can. Elon Musk was loved by a lot and he has a very influential following that also has a knock on effect. If this was Amber Heard Tweeting about DOGE, or some equally hated rich person like say Ed Woodward, you think people would be breaking down the walls to buy DOGE? No way jose:)

Elon Musk can push the market because he is one of the whales. He is loved because He support the crypto market and be one of the investor. For the popular conglomerate, Elon really have the influence because of his choice and his mind about Crypto Meanwhile there are many crazy rich that never interested with Crypto such as Warren Buffet. He is enough hated by many crypto investor, but what He said cant give any influence for market, right ?

In fact, if an institution/company invests in Bitcoin, it is not very pleasant. The company may invest in Bitcoin for their own profit and sell Bitcoin again if their profit target has gained. The most effective is when companies use Bitcoin as their payment method. Bitcoin should increase its uses to increase adoption permanently, I would expect institutions and companies to invest in Bitcoin as well as choose Bitcoin as their internal and external transaction method.

Bitcoin is most popular cryptocurrency and already some big companies start accepting BTC. Now tesla can be purchased with BTC. It’s a good inspiration for other companies. And i think Amazon will invest in bitcoin soon. :)

I'm still not sure about the three options above, be it Amazon, Apple or Walmart. because so far their reaction has hated the growth of Bitcoin. But it cannot be denied if one of them really gave in and decided to immediately adopt Bitcoin. But on the other hand, whether their corporate investors will agree with the decision. still very polemic. I would like to give my opinion, but rather than speculating, I would rather analyze the progress of their future reactions to Bitcoin.

There are many news and rumors before that amazon will accept btc in payment but it did not happen yet, soon maybe once adoption is too big that the market is widely used crypto amazon might consider adding it as payment method as well investing in to it, who knows maybe the owners have already invested in to it.

After all that has happened to the world economy at large and how the Bitcoin market proves to be the best alternative which is the reason why Elon Musk also has no choice but to integrate Bitcoin more institutions will also do the same and no one can tell the companies name until they make public announcement. However, we also need to be prepared for what will happen when it market blood bath.

We are also waiting for such thing to make happen because we have seen what great impact the two companies namely PayPal and Tesla have done to give Bitcoin even more popularity since many people are trusting and knowing those big companies. Looking forward already to see which will be the next in line to get into Bitcoin and no wander which will it be, we are pretty sure that it will make people to tag along with the trend since institutions are having a big part to the movement and popularity of Bitcoin towards the people's minds.

That should be a huge concern to decentralization proponents in the crypto/Blockchain space. Unfortunately, most people don't care about this. They're only into crypto to make a quick buck in the long run, even if they have to sacrifice decentralization/censorship-resistance for convenience/ease-of-use. Greedy companies will accumulate most of the circulating Bitcoin on the market, effectively jeopardizing its vision of being a decentralized "peer-to-peer electronic cash system". Who knows what the future of Bitcoin will look like as the wealthy controls the whole crypto market?

Nonetheless, we cannot deny the fact that most companies are still hesitant to invest in Bitcoin in the first place. This could be a result of the cryptocurrency's volatility on the market. At least, Tesla and PayPal have joined the game. It's yet the time where Microsoft, Apple, Walmart, Amazon, or Google have yet to announce their support for Bitcoin. Once these companies join the game, prices will pump higher as people gain the "FOMO" sentiment. This will benefit "hodlers" in terms of capital gains, but it will make the cryptocurrency centralized as power concentrates in the hands of a few powerful corporations in the mainstream world. We'll see how this will end in the long run, as Bitcoin goes all the way to the moon. Unless we do something about it, things will not get better (in terms of decentralization) anytime soon. Just my thoughts ;D

That's what I think yeah. Buffett isn't as hated as the people I mentioned earlier though. I mean, sure crypto people think he's an idiot but he's actually a lot smarter than he sounds and he is still revered among traditional investment circles.

But all I'm saying is that you need to be "influential". A lot of people with money and easy life following you too:)

the possibility that Walmart, Amazon and Apple companies will support bitcoin because the price of bitcoin is getting more expensive from year to year, all big companies will definitely be interested in bitcoin and if all companies have supported bitcoin then we will see the price of bitcoin that breaks the all-time high, I think if that happened the bitcoin price would be over $ 100k.

Well I hope the next one would be on an online shopping like amazon so we could use our crypto to shop for what we want,
But I guess it would be hard for those who have a partner or who loves to shop online to save their crypto when it happens (Just kidding).
How about an adult company for anonymity of those who wants to avail something from them but is a little bit shy ?

I'm sure when big and reputable companies in the world support Bitcoin, Bitcoin will be trusted by people. This is very beneficial! When people flock into Bitcoin investment, Bitcoin prices will be high. That's what everyone wants. The last one we care about is that each bitcoin value can bring us how much money. I also recommend people to choose prestigious trading floors to participate.

Everything is possible, isn't it? Perhaps even pension funds will start investing in Bitcoin in the future, at least if they are not legally restricted from doing so. Would depend on the jurisdiction. Companies like PayPal offer Bitcoin, but they are still PayPal with all the issues we know about them.

It is more likely that newly found smaller companies will dominate those who have at first ignored the technology.

Mastercard (MA) made a big announcement in early February when it said it would soon begin actively supporting cryptocurrencies on its network.

"We're planning for the future of crypto and payments right now, announcing that Mastercard will begin actively supporting select cryptocurrencies on our network later this year. This is a significant shift that will necessitate considerable effort "According to the company,But we're here to help consumers, retailers, and companies transfer digital value in whatever way they choose, whether it's traditional or crypto. It should be your decision; after all, it is your money."

In addition, Mastercard is collaborating with Gemini Exchange to deliver a cryptocurrency rewards credit card. Mastercard's role and increasing activity in the crypto industry positions it to be a major player, which could lead to a merger.

Mastercard's role and increasing activity in the crypto industry positions it to be a major player, which could contribute to a more open stance on Bitcoin keeping.

yes many company have engage already in bitcoin, they know that bitcoin has a future and lot of big company names that is investing and using bitcoin as their main digital currency. i think online seller company would engage in bitcoin and shops or payments.

Amazon has the most opportunity to be in crypto, this issue has been around since 2019 and until now.
take a look at this https://www.investopedia.com/news/could-amazon-be-gearing-accept-bitcoin/
It seems that if Amazon really realizes bitcoin for payments this will motivate e-commerce around the world to be able to follow in Amazon's footsteps using crypto for more modern transactions.

I agree with this one because they are the biggest eCommerce platform followed by Alibaba, I am sure that a lot of eCommerce companies are going to be interested in bitcoin and cryptocurrency because they have so much to gain and so little to lose. Maybe car companies might follow Tesla's purchase or maybe game companies will follow Nexon.

In the past everyone was expecting Amazon to start accepting bitcoin and if they did that it was a huge achievement for the community and there was a strong hope during that period that they might start accepting bitcoin and almost 8 years down the road and they are yet to start accepting bitcoin. I seriously do not care if they invest heavily in bitcoin or not but if they are able to accept bitcoin as a mode of payment even now it would be huge.

As time goes by, bitcoin is getting more and more enjoyment and more and more people are looking for and turning their attention to bitcoin, it is undeniable that there are already many large companies that already support bitcoin such as paypal and Tesla, maybe in the future other companies will also support bitcoin. like amazon, apple, and walmart, we'll see ...

Talking about big companies or giants in e-commerce industry would really be giving a huge hit but for now the thing we do need to do is to wait up until they had able to open their eyes when it comes to the recognition
or acceptance of Bitcoin to be integrated into the system which will really be giving out some serious impact.
All we do hope and all we do need is to see on how bitcoin been accepted on any industry which it can really be applied on the purpose on what it should be but well we do expect those hesitance and regulation matters
which would really be a big hindrance or blockage on such adoption but we are really heading into that path but it would really still takes time and needs a lot of patience.

The recent rumour is that facebook will start to add bitcoin into their financial statement, so it can be said that facebook support bitcoin right? still a rumour though, there's no official statement yet. However, since facebook is big and popular, i bet it will surely give a positive reaction to the market. It might take some time, or maybe it will affect the price immediately after the announcement, who knows? But company supporting bitcoin will always be a good news.

Jack Dorsey showed a stronger interest in Bitcoin past year with several supporting tweet, it's over 3 months in the year and yet to see a remarkable adoption process on twitter. Most of the adoption of the big company only consider bitcoin as a substitute to gold, a digital gold to reserve their asset. They might have to just store the coins.

Well, anyone who is possible to become a new investor of bitcoin, big companies owners, big institutions, or even those private copmap[nies who want to adopt bitcoin will possibly have the potential to invest and follow others who already adopted. They can because they have a lot of funds to play the market and they saw that bitcoin is an easy way to gain profit and hold. But sometimes I felt scared when I was thinking that those consider big investors will dumping the market will surely have an effect and hopefully they will not. I'm waiting for the World Health Organization ^[WHO] to adopt and accept bitcoin as their payment and also using this as a payment.

It is said that Facebook has been holding Bitcoin for some time and they are getting ready for making an announcement about it. But still there is no news regarding it. I wonder if it was just a rumour.

No validation and confirmation from Facebook itself.

It will remain as a rumor if that news is only coming from the media but not from them. But who knows if there really is an insider which created that rumor and it tends to be true.

Anyway, keep that as a rumor until they will speak about it.

There are a lot of potential candidates, and I think it doesn't matter anymore since we already have created quite a number of supporters and giant names that are holding and supporting bitcoin. Most of the time, the companies that support bitcoin are those that specializes on technology for their service or the products that they offer, so there's that.

The Facebook one isn't confirmed nor denied just yet. We're yet to see what they are to say regarding bitcoin ownership and/or their plans to do with it if they indeed have some.

I found this rumor https://www.google.com/amp/s/bitcoinmagazine.com/.amp/business/what-happens-when-walmart-buys-1-billion-of-bitcoin that walmart already bought bitcoin but they haven't announched to the public. It means, there is chance for walmart to choose bitcoin as their saving place for their fund.

I guess there will be many companies that will make a decision to hold bitcoin. Given bitcoin is a promissing place to be made as store of value. Moreover with the curreng situagion when they need a good place to avoid inflanation they will be easy to choose bitcoin. Also, some big companies who already have bitcoin on their bag will push another company to choose bitcoin.

Honestly, I don't know who would be next, but the most impactful would probably be a grocery store. If you think about the amount of things you can purchase with Bitcoin, the list is probably endless. However, there's yet to be a company to accept Bitcoin for things like food. So, if Walmart or ASDA here in the UK started to accept Bitcoin, I think that would be a monumental part of Bitcoin's history.

Although, back to your original question. My gut instinct is Amazon will likely lead the pack in terms of cryptocurrency adoption. In fact, despite it not being a cryptocurrency don't they already have a digital coin system that they use? Amazon coins or something?

 

We are hearing about Amazon adoption for years and they never allowed that to happen. From what i understand Jeff Bezos and Elon Musk are not the best of friends and if Jeff Bezos thinks that he was to challenge Elon Musk in terms of cryptocurrency adoption then he might invest billions as well and then starts accepting bitcoin payment for his E commerce business around the world which will be really huge.
Not sure about the digital coin Amazon has, from where you heard as this is the first time i am hearing about it  :-\ .

I think they were instead trying to build their own coin, but I doubt they will release it. They are probably watching closely what Facebook is doing and how their coin may or may not be adopted. Huge companies by now realized that there is nothing that can seriously compete with Bitcoin. Not from a technical standpoint, but the ideology behind it: freedom of choice, neutrality, etc. All the characteristics that decentralization offers and people value.

I am not aware of Amazon building their own coin, if the big companies are trying to replicate Bitcoin then it wont be successful as a project, they need to evolve and coming up with something unique will help in having the project covered while many companies right now is looking at this market as an opportunity to make money and the free publicity they can get if they invest in Bitcoin and hence the numbers will be huge.

I also feel like you to the expectations of which other giant in the industry could invest their capital in bitcoin.
Whichever it is, it's welcome. The future is written bitcoin, cryptocurrencies, decentralization and digital finances are leading our days and there is little time left for it to be on a large scale.

There were tons of rumors about Amazon Coin or some similar digital currency. They are not interested in replicating Bitcoin. They want a coin that is sufficiently centralized such that they can reap either profits from transaction cost margins or they want to be perfectly able to collect tons and tons of data about their customers.

Well if that is the case then I don't think that coins would be popular on crypto investors because they choose crypto because of decentralization and keep their identity hidden online. That Amazon coin would be the complete opposite of crypto coin I'd say. Anyway, we can't be so sure but that's my opinion perhaps it could be interesting in its own way. But I think instead of creating their own why not just invest on crypto coin or something like Elon Musk did that would be better for me atleast.

This I believe is exactly the point why we don't hear anything anymore about an Amazon coin. They aren't blind and see the reactions to proposals of coins like Libra by Facebook. Not very well received so why bother to do the same as Facebook if you are Amazon and saw the negative repercussions.

I don't know what Amazon will do in this space. I can't imagine they won't do anything, but I wouldn't know what their proposal for a digital currency could look like such that it is superior to that of Facebook and doesn't violate privacy interests of their customers.

it will obviously benefit the market because bitcoin owners will easily be able to use bitcoins associated with the company. bitcoin makes that technology easy. so one day the company will accept more bitcoins for transactions

The only downside about companies adopting Bitcoin is the mass concentration of supply among a few. This will make Bitcoin centralized as we speak, since the world's most powerful companies will have a large stake in it. Bitcoin will also become highly congested, making it impossible for the average person to use it for day-to-day payments. Unless Bitcoin addresses these issues, I don't see it going anywhere.

If Bitcoin becomes utterly-centralized as more companies join the game, people will have no choice but to use an alternative cryptocurrency like Litecoin or Ethereum for their own benefit. I'm guessing that renowned companies like Amazon, Google, Microsoft, and Walmart will hoard most of the circulating Bitcoin on the market in the not-so-distant future. Which one will be the next one to join the craze, it's yet to be determined. What matters is decentralization and censorship-resistance. As long as Bitcoin is able to balance between decentralization, equality, and scalability, there should be nothing to worry about. Let's see how long the craze will last depending on governments' approval in the mainstream world. Just my thoughts ;D

The more establishments and businesses to adopt this system the more people will learn about the benefits of this cryptocurrency.

Expect that value will continue to rise as demands will push it forward.


Companies will do, when the influence of others drives new company to adopt and accept this chain.

On the one hand you are right but on the other hand we would need a revision of tax laws to the advantage of Bitcoin users. If you buy stuff with Bitcoin it is a huge hassle to get everything straight concerning your tax obligations even if you buy a $2 product. That doesn't help Bitcoin to become mainstream. Fo now it is an investment and trading vehicle and is only suitable for buying products of quite high value, like cars or houses. If you buy lots of small stuff with it you'll get crazy calculating all the realize gains and your taxes.

Actually i'm not looking for popular or Big company to adopt or support bitcoin but what I'm looking is those Small businesses that we knew stands as ,majority in economic world.
Sometimes we are just naming those big companies but did not give attention to the silent majority and those are small or micro businesses.

we can follow the social media accounts of the three companies if we want to be the first to know if any of this three company plans to adopt btc and blockchain .
its perfect for amazon and walmart to support btc as one of their payment methods because they sell different products but apple only sell non edible goods but all three of them are welcome in the club .
effects are felt imediately if they join together but btc will remain decentralized after it .