Preparing for cryptocurrency – or just protecting its brand? Amazon’s decision to purchase amazonethereum.com, amazoncryptocurrency.com and amazoncryptocurrencies.com has sparked more speculation that the online marketplace will accept bitcoin and other digital currencies in the near future.
On today’s show, Glenn talked about the story and also shared his advice on bitcoin. Yes, buying in is a good idea – as long as it’s money you can afford to lose.
“This is not something I look at as an insurance policy; I look at this as one of those crazy bets,” Glenn said.
In case you were wondering, Amazon bought AmazonBitcoin.com three years ago. The url currently directs users to Amazon.com.