Crypto Will Become Bigger, NFTs Will Grow ‘Very Significantly’ – Featured Bitcoin News

Amazon’s CEO is hopeful about crypto and other non-fungible currencies (NFTs) in the future. He says that over time crypto will “become bigger” and NFTs will continue to “grow very significantly.”

Amazon CEO Accepts Crypto Payments and Sells NFTs

CNBC’s Andy Jassy was interviewed by Amazon CEO to discuss cryptocurrency and other non-fungible currencies (NFTs). Jassy succeeded Jeff Bezos in the role of president and CEO at Amazon. Jassy was previously the CEO of Amazon Web Services since 2003.

Regarding whether Amazon will accept cryptocurrency for payments of products on its platform, the CEO affirmed, “We’re not probably close to adding crypto as a payment mechanism in our retail business.” However, he noted:

I do believe over time that you’ll see crypto become bigger.

Commenting on whether he owns any cryptocurrency, the Amazon executive disclosed, “I don’t have bitcoin myself.”

When asked whether Amazon could one day sell NFTs, Jassy replied, “I think it’s possible down the road on the platform.” While revealing that he does not own any NFTs personally, the Amazon boss opined:

NFTs are expected to continue growing in importance.

This e-commerce company has started hiring crypto experts in various areas. In November last year, AWS posted a job listing for a principal digital asset specialist who can “help drive adoption across the global digital asset community.”

Amazon also posted a job offer for a digital currency and blockchain expert for its Payment Acceptance & Customer Experience team in June last year with the aim to develop the company’s digital currency and blockchain strategy as well as a product roadmap.

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Amazon, amazon ceo, amazon crypto, amazon crypto payments, amazon nft, amazon selling nfts, Andy Jassy, Andy Jassy bitcoin, Andy Jassy crypto, Andy Jassy cryptocurrency, jeff bezos

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Kevin Helms

Kevin is a graduate of Austrian Economics. He discovered Bitcoin in 2011, and has been an advocate ever since. He is interested in Bitcoin security and open-source software, network effects, and the intersection of cryptography and economics.

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