How to make a fortune on Amazon with bitcoin
FourFourSeconds ago, Amazon got rich thanks to bitcoin.
Amazon has seen the value of bitcoin soar from a mere $US200,000 to a record $US2.5 billion in less than two years.
The digital currency has helped drive sales of products ranging from shoes to clothing, from video games to electronics, from food to cars.
And Amazon is not the only big player to get rich from bitcoin.
Apple’s iPhone and iPads have attracted the most attention from the currency’s meteoric rise.
Apple’s chief executive Tim Cook, who was the first person to own a bitcoin in 2016, said he planned to put $US5 billion ($7 billion) into bitcoin startups.
In the year that ended June 30, Apple’s total revenue for the year was $US17.6 billion ($25.2 billion).
Apple is not alone in its success in bitcoin.
Amazon has been a huge success, too.
Apple also attracted more than $US1 billion ($1.2 million) in venture capital investment from investors including Andreessen Horowitz, Union Square Ventures, and Founders Fund.
The cryptocurrency has also been used by Apple to secure its brand.
In 2017, the company started accepting bitcoin payments for its iTunes Music store.
Amazon has also started accepting bitcoins in order to sell its Kindle e-reader.
At the same time, bitcoin has become more popular among consumers.
Bitcoin has also become a way for businesses to raise money from customers without having to go through traditional channels, such as traditional banks.
Amazon is one of the biggest bitcoin merchants, with more than 20,000 sellers in its catalog.
In 2018, Amazon reported $US9.6 million ($11.4 million) net revenue from bitcoin sales, which represented the largest quarterly increase in sales in its history.
As of the end of March, Amazon was worth $US3.2 trillion ($5.9 trillion).
At that time, the digital currency was worth more than 2,200 times more than the U.S. dollar.
The bitcoin economy has become a hot topic in the U