Amazon Will Be Forced To Issue A Cryptocurrency Sooner or Later, Says CZ, Binance CEO

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Changpeng Zhao or commonly known as CZ, the CEO of crypto exchange giant Binance, tweeted that “Amazon will have to issue a currency sooner or later,” on Saturday to his more than 277,000  followers on Twitter.

It all started when the founder and CEO of Binance tweeted about not understanding the reasons behind any e-commerce business not  accepting crypto payments and not reaping benefits that the cryptocurrencies have to offer over traditional payment methods:

For any internet (non-physical) based business, I don’t understand why anyone would not accept crypto for payments. It is easier, faster and cheaper to integration than traditional payment gateways. Less paperwork. And reaches more diverse demographic and geography.

— CZ Binance (@cz_binance) February 2, 2019