Amazon will issue own cryptocurrency later, Binance CEO tweeted

Changpeng Zhao CEO of Binance said that any internet company especially Amazon can accept crypto for payments in future as it is easy to use, fast and cheap.

He tweeted on Feb. 2 ” For any internet (non-physical) based business, I don’t understand why anyone would not accept crypto for payments. It is easier, faster and cheaper to integration than traditional payment gateways. Less paperwork. And reaches more diverse demographics and geography. ”
 

He also says ”  Amazon will have to issue a currency sooner or later. “

There are many rumours came in past time to time by commenting that Amazon wanted to use Bitcoin as a payment method.

Amazon is the largest e-commerce company which is totally internet based and digital payments are common there. So it is really not a big deal for a company like Amazon to start accepting payments in Cryptocurrency. 

Also, Amazon is the biggest Internet-based company means if It starts using Crypto then almost all others are started using Crypto one by one due to competition and evolution.

What do you think about Adoption of Crypto by Companies of the Internet, Please comment!