Analyst Compares Bitcoin’s Risk-Return to Amazon, Says Bitcoin Is A “Different Beast”

Analyst Compares Bitcoin’s Risk-Return to Amazon, Says Bitcoin Is A “Different Beast”

Amazon is often brought up as an example of how traditional investors can be mistaken regarding new ventures. As such, some analysts tend to draw comparisons between Amazon stock and Bitcoin, suggesting that traditional analysts don’t understand Bitcoin. Now, however, one analyst argues that Bitcoin and Amazon do not compare. Bitcoin “is a different beast” … Continue reading Analyst Compares Bitcoin’s Risk-Return to Amazon, Says Bitcoin Is A “Different Beast”

Amazon Announces General Availability of Amazon Managed Blockchain, Making It ”Easy and Cost-Effective” to Deploy Blockchain Networks

AWS releases AMB

Amazon has recently announced it is now entering the blockchain technology fray, joining a growing group of blockchain-embracing software giants which already include Microsoft and Oracle. Specifically, Amazon Web Services (AWS) is making the Amazon Managed Blockchain (AMB) available to the public. Amazon Web Services releases Amazon Managed Blockchain This news came in an announcement … Continue reading Amazon Announces General Availability of Amazon Managed Blockchain, Making It ”Easy and Cost-Effective” to Deploy Blockchain Networks

The Japanese Version Of Amazon Might Soon Accept Cryptocurrencies

The Japanese Version Of Amazon Might Soon Accept Cryptocurrencies

The Japanese e-commerce giant Rakuten might accept cryptocurrencies in the short term. They announced a major update of its mobile application which the company will release March 18. Cryptocurrencies might become more common in Japan in the near future The e-commerce company Rakuten announced that a major update would commence shortly for its mobile app … Continue reading The Japanese Version Of Amazon Might Soon Accept Cryptocurrencies

Crypto Venture Capitalist Says Bitcoin is Similar to Post Dot-Com Amazon

Crypto Venture Capitalist Says Bitcoin is Similar to Post Dot-Com Amazon

Lou Kerner, an executive partner at crypto venture capital company CryptoOracle believes that the recent collapse of bitcoin and other virtual currencies is only temporary. Speaking to CNBC, on the “Worldwide Exchange” show, he likened the current state of digital assets to the retail giant Amazon at the turn of millennium. Amazon recovered after being … Continue reading Crypto Venture Capitalist Says Bitcoin is Similar to Post Dot-Com Amazon