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Just like Facebook's dead Libra, Amazon's new Crypto will not take off

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by COINS NEWS 158 Views

Looks like history is gonna repeat itself with Amazon's new crypto that absolutely nobody wants.

Amazon and Jeff Bezos' reputation is already in the mud for hoarding wealth, exploiting workers, horrendous work environment, not paying his fair share of taxes, and out-of-touch wealth flaunting; how you think a new Amazon crypto completely centralized under Amazon's control is going to go over with the Crypto community?

Either the Amazon new crypto will be DOA (though expect some pump and dump), or like Facebook's Libra will attract a lot of regulatory attention dragging it through bureaucracy hell killing it before it can even take off.

submitted by /u/wyzard135
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