Amazon CEO Predicts Crypto Will Become Bigger, NFTs Will Grow "Very Significantly"
The CEO of e-commerce giant Amazon is optimistic about crypto and
non-fungible tokens (NFTs). He says that over time, crypto will "become
bigger" and NFTs will continue to "grow very significantly."
CEO on Amazon Accepting Crypto Payments and Selling NFTs
Amazon CEO Andy Jassy talked about cryptocurrency and non-fungible
tokens (NFTs) in an interview with CNBC on Thursday. Jassy replaced Jeff Bezos
as president and CEO of Amazon in July of last year. He previously led Amazon
Web Services (AWS) since its inception in 2003.
Regarding whether Amazon will accept cryptocurrency for payments
of products on its platform, the CEO affirmed, "We’re not probably close
to adding crypto as a payment mechanism in our retail business." However,
he noted:
I do believe, over time, that you’ll see crypto become
bigger.
Commenting on whether he owns any cryptocurrency, the Amazon
executive disclosed, "I don’t have bitcoin myself."
When asked whether Amazon could one day sell NFTs, Jassy replied,
"I think it’s possible down the road on the platform."
While revealing that he does not personally own any NFTs, the
Amazon boss opined:
I expect that NFTs will continue to grow very significantly.
The e-commerce giant has been hiring crypto experts for various
divisions of the company. In November last year, AWS posted a job listing for a
principal digital asset specialist who could "help drive adoption across
the global digital asset community."
Amazon also posted a job offer for a digital currency and
blockchain expert for its Payment Acceptance & Customer Experience team in
June last year, with the aim of developing the company’s digital currency and
blockchain strategy as well as a product roadmap.
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