Bitcoin and the crypto market received a boost following revelations from Twitter TWTR + 3% and Amazon AMZN + 0.5% on plans to take cryptocurrency seriously, Forbes reports.
Twitter CEO Jack Dorsey said Thursday his business has a future with Bitcoin.
Speaking on Twitter’s second-quarter earnings calls, Dorsey said Bitcoin could be the “best candidate” to become the Internet’s “native currency”.
He added that it could help the social media giant accelerate the expansion of its products.
He said, “If the internet has a native currency, a global currency, we can move much faster with products like Super Follows, Commerce, Subscriptions, Tip Jar and we can reach every person on the planet because of it. . instead of adopting a market-by-market-by-market approach.
Amazon has reportedly posted a job offer as the company seeks to hire digital currency and blockchain experts.
“You will leverage your expertise in blockchain, distributed ledger, central bank digital currencies and cryptocurrency to develop the case for capabilities that should be developed, drive the overall vision and strategy. product, and gain leadership buy-in and investment for new capabilities, ” Initiated reported the post as saying.
An Amazon spokesperson said Initiated Amazon wants to eventually accept cryptocurrency from its customers.
“We are inspired by the innovation happening in the cryptocurrency space and explore what that might look like on Amazon,” the spokesperson said.
“We believe the future will be built on new technologies that enable modern, fast and inexpensive payments, and hope to bring that future to Amazon customers as soon as possible.”