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RE: Network Effects - The Key to Unlocking 1000x Returns | Q&A #14 ft Cedric Dahl

in #cryptocurrency7 years ago (edited)

Amazon has the platform to launch their own coin. I think they are still on the fence due to scalability. That's probably the reason they won't adopt bitcoin or ethereum payments yet. The transaction fees are high and the transaction time is also long. Amazon are looking at other technologies that process transactions faster and ones that have the most utility to benefit their business model.