A development that was reported over the weekend sent the Dogecoin DOGE/USD community into a tizzy.
What Happened: Amazon, Inc. AMZN founder Jeff Bezos has begun to follow Doge co-founder Billy Markus, who goes by the name Shibetoshi Nakamoto on Twitter.
When this was brought to the attention of Markus, he tweeted a GIF with the text ‘Jeff Bezos, You did it.’
— Shibetoshi Nakamoto (@BillyM2k) May 6, 2022
The Doge community was quick to jump into conclusions. One of them welcomed Amazon into the Doge family.
I hope this means we have a new member of the #dogefam
If so warm welcomes from my frens � �
— Gregosaurus (@Gregpagemiller) May 6, 2022
Another said it will have a significant impact on the crypto.
doesn’t matter, it means a lot for Doge
— Elonoshi Muskamoto (@occupymars42069) May 6, 2022
Why It’s Important: Amazon doesn’t accept Doge or, for that matter, any other crypto as a payment option on its ecommerce platform. A job posting by the ecommerce giant last year triggered speculation that it could begin accepting cryptos. The company, however, has not communicated anything in this regard thus far.
Andy Jazzy, who has taken over from Bezos as Amazon’s CEO, reportedly said in an interview to CNBC that he personally does not own any Bitcoin BTC/USD. He, however, suggested that Amazon could consider selling non-fungible tokens in the future. “We’re not probably close to adding crypto as a payment mechanism in our retail business, but I do believe over time that you’ll see crypto become bigger,” the CEO added.
A petition urging Amazon and Bezos to accept Doge as a payment option on Change.com has garnered 240,725 signatures at press time. Doge was seen rising 3.57% to $0.1315 on Saturday, according to Benzinga Pro.
Photo: Created with an image from Steve Jurvetson on Flickr