Amazon Cryptocurrency Product Lead Job Posting Sparks Bitcoin Price Surge

Amazon is looking for a Digital Currency and Blockchain Product Lead, strongly suggesting the company could be taking a more serious consideration to implementing cryptocurrencies such as Bitcoin into their platform.

The job posting describes a position that will look at "how customer's pay" including:

  • have a deep understanding of cryptocurrency

  • "develop the case" for what Amazon should pursue

  • create the strategy for doing so

  • present the arguments to "very senior executives"

Bitcoin price rose from $29,000 to nearly $40,000. It's largest percentage growth in several weeks. Ethereum and Dogecoin also saw prices increases.

"Amazon has scores of openings for blockchain specialists," she said. Given the might of Amazon Web Services, it isn't surprising that the tech giant wants to be at the cutting edge of new payments technology - and establishing a new digital currency is likely to be on the agenda." - Hargreaves Landsdown, Senior Investments and Markets Analyst

However, Amazon has not confirmed any plans to accept cryptocurrency payments, despite the speculation.