Re:Amazon denies report of accepting Bitcoin as payment
by dadoge on Monday July 26, 2021 @07:15PM
(#27966672)
What value does a virtual coin they maintain have for them and us consumers?
[ Parent
| on HN ]
Re:Amazon denies report of accepting Bitcoin as payment
by WheelsAtLarge on Monday July 26, 2021 @08:20PM
(#27967173)
Think about why countries have their own currency and don't automatically adopt some other country's money and you can start to figure out why it's advantageous to create your own coin. Historically it has been a huge problem for countries that let their citizens make their own money so they make it illegal. I don't know why that's changed recently but as long as it's legal companies will create their own. It really does become free money for the company.