Amazon Negates Bitcoin Rumors as Bezos Focuses on the Moon

Amazon has reportedly denied on Monday recent news about a plan to begin accepting Bitcoin as payment by the end of 2021, according to Reuters.

Now thought-to-be fake reports by British media regarding Bitcoin acceptance by Amazon led to a huge surge in cryptocurrency to levels not seen in about three months.

Bitcoin was last seen trading at $36,722.54, according to data by Coin Market Cap, after trading earlier above $37,680.

A company spokesperson was quoted as that saying that the reported specific plans for cryptocurrencies is not true, noting that Amazon remains focused on exploring what this could look like for customers shopping on the e-commerce giant online platform.

Recent remarks by billionaire Elon Musk that Tesla could soon resume accepting Bitcoin as payment also provided support for the world’s largest digital currency in terms of market capitalization.

The Tesla CEO remains a strong supporter of cryptocurrencies, seeing them as money, in oppose to a mainstream view among many market experts who believe it is mere speculative assets.

Meanwhile, after attracting huge attention with his recent space flight, founder of Amazon and richest man on the planet Jeff Bezos, has offered NASA $2 billion in cost coverage.

Bezos wants the space agency to hive his company, Blue Origin, a contract to manufacture a spacecraft that could be used in the next lunar crewed mission, as NASA wants to return to the moon.

Musk’s SpaceX has already won a $2.9 billion deal to build a spacecraft for the mission, which should be ready as early as 2024.

On the other hand, Blue Origin has reportedly formed a consortium to compete for a similar deal.

Bezos has stressed the importance of competition to ensure the prompt success of the coming NASA mission.

On July 5, Bezos stepped down from his role as CEO of Amazon, 27 years after he founded the company.