Topic: Amazon releases Amazon Coins... reactions? - page 3. (Read 4406 times)
maybe we can setup an exchange ACOINS <=> BTC
It's like xbox points. Money goes in, money doesn't come back out. The same way iTunes points revolutionized currency (they didn't).
why should this in any way be related to Bitcoin?
looks more like a standard bonus miles system
what is special here?
looks more like a standard bonus miles system
what is special here?
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Any private currency backed by a powerful corporation can only help Bitcoin address regulatory questions. Amazon lawyers ought to be able to help set favorable precedents.
This. The more digital currencies there are, the easiest it will be for bitcoin to be used to swap between them. That, and closed-loop gift cards already exist for Amazon, so I'm not sure what the difference is in this.
Any private currency backed by a powerful corporation can only help Bitcoin address regulatory questions. Amazon lawyers ought to be able to help set favorable precedents.
Amazon Coins:
http://phx.corporate-ir.net/phoenix.zhtml?c=97664&p=irol-newsArticle&ID=1781495&highlight=
Amazon is releasing Amazon Coins, will this be a threat or an opportunity?
Of course we know nothing about Amazon inflationary plans... nor if Amazon will leak to the gov the amount of coins an individual has.
What do you people think? What will happen with bitcoin price?
UPDATE: https://developer.amazon.com/help/faq.html#AmazonCoins
http://phx.corporate-ir.net/phoenix.zhtml?c=97664&p=irol-newsArticle&ID=1781495&highlight=
Amazon is releasing Amazon Coins, will this be a threat or an opportunity?
Of course we know nothing about Amazon inflationary plans... nor if Amazon will leak to the gov the amount of coins an individual has.
What do you people think? What will happen with bitcoin price?
UPDATE: https://developer.amazon.com/help/faq.html#AmazonCoins
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