Amazon pressured to begin accepting Dogecoin payment
2 min readTL;DR Breakdown
- Petition for Amazon to begin receiving doge payment gaining traction
- Amazon working on its crypto project
Amazon, a global online store belonging to the world’s richest best man, Jeff Bezos, is currently being persuaded to accept payment for goods and services in Dogecoin. This is according to a petition which has been signed by over 140 thousand people supporting the idea of Amazon receiving Dogecoin payment.
The appeal starter four years back. However, it has gathered momentum in the past two months when over 100 thousand people lend their signatures to the petition.
The meme coin started as a joke, as widely reported. However, the coin is now anything far from that, giving its recent surge and break into the top 10 cryptocurrencies. Holders of Doge continue to get serious with the coin even to the extent of declaring today (April 20) Doge day towards pushing the coin to $1.
The hashtag #DogeDay trended all day on Twitter. One user described Doge to $1 as inevitable, noting that that is still small compared to the coin’s potential.
Similarly billionaire investor, Mark Cuban also believes that the coin would hit $1 using that leverage to enable payment for basketball ticket in Dodge for his professional basketball club, Dallas Maverick. The club also sells other merchandise for Doge, and the billionaire promised the club would hold all Doge they receive in payment without selling a dime.
Amazon and Doge, what it entails
Amazon, all this while, has continued to shy away from crypto payment. However, the petition even when the numbers are high, the firm is not compelled to oblige to the outcome.
Perhaps the organization would change its position in the future as the firm is working on floating its cryptocurrency. The firm rolled out an application for eligible candidates to join its Digital and Emerging Payments division. However, it remains unclear what the firm has in mind regarding crypto, even with the application it rolled out.
