Will Amazon accept bitcoin as a payment method?

We hear again rumors that Amazon has acquired three domain names related to bitcoin.

More and more sectors, such as banking, join the new monetary system known as bitcoin. Cryptocurrencies, or bitcoins, are the first decentralized digital currencies. What does this mean? You can send this type of currency through the Internet using 'peer to peer' technology and, as a main detail, they work without the need of an intermediary authority.

A disruptive technology where the management of transactions is carried out collectively, on the network, without belonging to anyone in particular because everyone can participate.

Amazon, the company of Jeff Bezos, was one of the companies that adopted the virtual currency, and did so in 2013, with 'Amazon Coin'. This bitcoin system was intended for US users. and the United Kingdom to buy applications and add-ons through the Kindle Fire or with Amazon Appstore for Android.

However, the giant of e-commerce and online sales, did not accept bitcoin as a form of payment in their stores because their particular currency does not intend to compete in the market of digital currencies.

New domains related to bitcoin

ecently rumors circulated that suggested that Amazon was going to announce new plans to accept bitcoin as a form of payment. Specifically, according to DomainNameWire, the company has acquired three domains related to bitcoin and blockchain technology: amazonethereum.com; amazoncryptocurrency.com, and amazoncryptocurrencies.com.

Will this mean that Amazon will start using this payment system? Still nothing is clear, because they are only rumors, but CoinDesk notes that these new domains are directly linked to Amazon Technologies, Inc. At least, the domains already have them ready.

Although Amazon has already stated on other occasions that it did not plan to accept bitcoins until there is a high demand, the incorporation of this payment method would mean an increase in the use of this system in other sectors or businesses.

The convenience of bitcoin is a great advantage because it is easy to store, it is safer, although it involves certain risks as happens with credit cards and, being a decentralized system, private organizations or the State can not intervene, there are no intermediaries .

Soon we hope to hear more news about Jeff Bezos' plans to incorporate bitcoin.