Mega Corps Buy and Create Crypto

It should go as no surprise that mega corps like Paypal, Amazon, Tesla and others are heavily involved with cryptocurrency and that they are also planning to launch their own. What better way to give value to your newly launched crypto by backing it with already existing crypto assets like Bitcoin, Doge etc. No wonder why these mega corps right now are taking it as a form of payment or investing some funds into current crypto chains.

Late yesterday and today we have seen a drastic surge in crypto prices. Bitcoin itself 11.3% in the last 24 hours and Ethereum 8.8%. This seems to be sparked on the current rumor that Amazon will be accepting crypto assets as payment on their platform. (pretty sure they have been for a while)

The Job Posting

This goes off of a new job board posting that reads like this...

The Payments Acceptance & Experience team is seeking an experienced product leader to develop Amazon’s Digital Currency and Blockchain strategy and product roadmap. You will leverage your domain expertise in Blockchain, Distributed Ledger, Central Bank Digital Currencies and Cryptocurrency to develop the case for the capabilities which should be developed, drive overall vision and product strategy, and gain leadership buy-in and investment for new capabilities. You will work closely with teams across Amazon including AWS to develop the roadmap including the customer experience, technical strategy and capabilities as well as the launch strategy.

Posting here: https://www.amazon.jobs/en/jobs/1644513/digital-currency-and-blockchain-product-lead

The Future Of Crypto and Mega Corps

This clearly shows direction as to the company and that cryptocurrency assets are a real thing and highly sought after. They seem to be gearing up for massive payment integration by years end which also lines up with a number of other things happening this year.

• Bitcoin first update in years this November
• Ethereum moving to PoS(Proof of Stake)
• Splinterlands launch lands (lol I had to include it)

There's another large amount of projects going on as well but none really worth the mention. It all proves that right now things are getting primed and ready for one of the largest rallies every possibly by the end of the year or start of the new year.

Make no mistake about it. Mega corps are heavy into crypto. That doesn't mean bitcoin that more so means their own crypto asset which will still inject new money into the overcall cryptocurrency machine.

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