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Here are five things in technology that happened this past week and how they affect your business. Did you miss them?
1 —Amidst varying reports, Amazon denies it’ll accept crypto and Bitcoin swiftly dropped.
This past week, Amazon addressed speculation that it would be accepting Bitcoin by the end of 2021 sharing that the claims were in fact false. The rumors surrounding the tech giant and cryptocurrency started after a job listing for a “Digital Currency and Blockchain Product Lead” was posted last week and caused a surge in Bitcoin to $39,000, which then quickly dropped to less than $37,000 after Amazon’s statement. (Source: TNW)
Why this is important for your business:
The real story is that this is being talked about. Yes, Amazon – like every major ecommerce provider – is regularly evaluating the pros/cons of accepting digital currencies. Yes, they’re denying…for now. But to…