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Author Topic: New alt-coin possibly on horizon?? Kindle coins  (Read 627 times)
FuzzyBear
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February 06, 2013, 12:56:22 PM
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friend sent me this link wondering if this was most likely something bitcoin related.... i don't think so but interested to see what they try and do with their new currency Smiley

http://www.techhive.com/article/2027214/kindle-fire-owners-will-benefit-from-new-amazon-coins.html

expect it to be launched around may apparently

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crazy_rabbit
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February 06, 2013, 01:52:29 PM
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I think they are trying to cash in on the "coin" idea.

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Sunny King
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February 06, 2013, 01:53:30 PM
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It has been discussed in every subforums now. In altcoin subforum see here
https://bitcointalk.org/index.php?topic=141432.0
No I don't think it 'competes' with bitcoin. It's a credit pegged to US dollar and backed by Amazon. Most likely there would be hurdles for transferring amazon coins between users or selling them for dollars, just like any other prepaid credit, airline miles etc but Amazon is savvy enough to call it 'coin' to steal some mojo from bitcoin  Wink
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