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3stateit
3stateit

3stateit

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From Amazon is the biggest threat to bitcoin right now by Coin and Crypto

…their own token. In September 2017, the chat giant Kik launched an ICO raising $75 million dollars. Overstock, a publically traded e-commerce company, has seen its stock raise by 30% since announcing it plans to ICO this December.

From Amazon is the biggest threat to bitcoin right now by Coin and Crypto

This seems likely if bitcoin cannot keep up with Amazon’s required transaction speeds. Potential contenders are ripple (1000+ TPS) and monero (1000 TPS). This scenario could definitely endanger bitcoin’s reign as the top cryptocurrency. A fictional deal with Visa raised the value of the Monaco cryptocurrency by almost 700%. If Amazon chooses to go this route it probably wouldn’t kill bitcoin, but whatever coin they went …

From Amazon is the biggest threat to bitcoin right now by Coin and Crypto

On October 31st Amazon reportedly bought amazonethereum.com, amazoncryptocurrency.com, and amazoncryptocurrencies.com. This move might be simply covering their bases. Or it might be insight into future endeavours.

Claps from 3stateit

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This Conference Will Unite Global Experts to Set the Future of Blockchain

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We’ve All Heard The Question “Should I Invest in Bitcoin?” — Here’s The Best Answer

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