US Think Tank Proposes Bitcoin Adoption to Amazon

Source
Doohyun Hwang

Summary

  • The US think tank NCPPR has proposed that Amazon adopt Bitcoin.
  • NCPPR stated that if Amazon adopts Bitcoin, it could protect its cash assets and shareholder value from inflation.
  • The industry believes that Amazon might accept Bitcoin as it is proactive in seeking new technologies and investments.

The US think tank 'National Center for Public Policy Research (NCPPR)' has proposed that Amazon adopt Bitcoin (BTC).

According to Cointelegraph on the 12th (local time), NCPPR stated that if Amazon adopts Bitcoin, it could protect its cash assets and shareholder value from inflation.

NCPPR had previously made a similar proposal to Microsoft. In response, Microsoft's board stated, "We are already considering various investment options," expressing opposition to Bitcoin investment.

Meanwhile, the industry believes that Amazon might accept Bitcoin, as it is more proactive in seeking new technologies and investments compared to the conservative approach of Microsoft.

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Doohyun Hwang

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