Amazon Bitcoin payment: Can you pay Amazon with Bitcoin? Inside company's crypto 'ad'

JEFF BEZOS has landed back on Earth following his brief trip to space via Blue Origin with a new idea for Bitcoin, an Amazon advert has suggested. Can you pay Amazon with Bitcoin?

Cryptocurrencies like Bitcoin are ‘apolitical’ says financial expert

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Bitcoin hit headlines today, as its price recovered from a brief pitfall earlier last week. Cryptocurrency sites currently show its value at $39,820 (£28,815) and rising, having grown nearly 16 percent over the last 24 hours. As many crypto enthusiasts will know, Bitcoin won’t rise without provocation, and this time did so on the back of Amazon.

Can you pay Amazon with Bitcoin?

Amazon is one of the only trillion-dollar companies in the world and the most valuable online retailer.

Naturally, it has introduced many potential ways to pay, but Bitcoin is not currently among them.

However, a recent advert has kicked the rumour mill into overdrive, fuelling Bitcoin’s latest flight “to the Moon”.

READ MORE: Bitcoin price surge as crypto breaks $40,000 for first time in months

Amazon Bitcoin payment pay Amazon with Bitcoin cryptocurrency

Amazon Bitcoin payment: Can you pay Amazon with Bitcoin? Inside company’s crypto ‘ad’ (Image: GETTY)

Amazon Bitcoin payment: Bitcoin

Amazon Bitcoin payment: Bitcoin recently surged thanks to Amazon’s announcement (Image: COINDESK)

Amazon is currently advertising for a US-based “Digital Currency and Blockchain Product Lead”.

The Washington-based lead would “innovate on behalf of customers within the payments and financial systems”, suggesting the company is open to expanding payments to cryptocurrencies.

Representatives haven’t yet confirmed this is what the job will eventually strive to do.

But an insider has documented a vast process Amazon allegedly hopes to undertake that will eventually see the company adopt several cryptocurrencies.

Amazon Bitcoin payment: Jeff Bezos

Amazon Bitcoin payment: The insider said Jeff Bezos has backed a plan to delve into cryptocurrencies (Image: GETTY)

Speaking to City AM, the insider said the opportunity was more than “just going through the motions”.

She said the “integral part of the future mechanism of how Amazon will work” starts with Bitcoin.

And at the behest of “Jeff Bezos himself”, the company will eventually support Ethereum, Cardano and Bitcoin Cash.

Another of the eight most popular cryptocurrencies could follow these, the insider added.

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Amazon Bitcoin payment: Elon Musk

Amazon Bitcoin payment: Elon Musk continues to support Dogecoin (Image: GETTY)

She said work on the project started in 2019 and that it is “pretty much ready to roll.”

Amazon is one of several companies to have guided Bitcoin in the past year.

Elon Musk’s Tesla attracted attention a couple of months ago when it announced it would no longer support Bitcoin payments.

While Mr Musk announced the company would continue to hold its supplies, the move prompted the crypto’s value to fall rapidly.

He has provided bullish backing to Dogecoin (DOGE), a “meme” currency developers created to satirise the market nearly a decade ago.

The billionaire – who is currently the second richest man in the world behind Amazon’s Mr Bezos – has shown support in his own way.

His nearly 59 million follower-strong Twitter account currently hosts scores of DOGE memes.

Mr Musk has not recently made any Tesla-related Dogecoin announcements but previously asked followers if they would like the electric car manufacturers to accept it as a payment option.

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