Amazon will consider issuing its own cryptocurrency like Facebook's LibraCoin, but only in a few years. The above was said by a senior executive of the e-commerce giant at a conference on June 10. Speaking at the Fortune Brainstorm Finance 2019 event, Patrick Gaulthier, vice president of Amazon Pay, said that Amazon's cryptocurrency issuance is too early. You can also sense skepticism about Facebook's idea in his statement. "It's fresh, it's speculative; at Amazon we're not really dealing with speculation," - he said. LibraCoin Facebook's idea continues to cause a stir in financial and government circles. It has also been received ambiguously in the cryptocurrency community. The project has so far attracted mild scorn because of the ideology (it is, after all, a corporation's "cryptocurrency") and the technology itself. Some officials and politicians have suggested that the company is going too far and have even called for work on LibraCoin to be blocked. Some also say that the previously suggested name - GlobalCoin - would ultimately be misleading, as it is doubtful that Facebook will succeed in making the token work worldwide. Russia, for example, will likely seek to block all Facebook and any other product that supports Libra. And in the United States, the Senate Banking Committee will hold a special hearing on the cryptocurrency next month. Amazon and cryptocurrencies Amazon has so far avoided implementing cryptocurrencies and issuing its own such solutions. Despite this, the media has long suggested that the company is pursuing such ideas. The giant itself has fueled the above dreams. For example, in late 2017 it bought three domains associated with cryptocurrencies: amazonethereum.com, amazoncryptocurrency.com, amazoncryptocurrencies.com. Today, however, these are pipe dreams, although it is not excluded that the company in some time (but counted in years) will implement such a solution on its trading platform. "We deal with data a lot at Amazon, so I'd love to have this conversation in two or three years," - Gaulthier concluded. "Amazon is going to have to release currency sooner or later." -wrote earlier this year on Twitter Changpeng Zhao, CEO of cryptocurrency exchange Binance. Tags Amazon Facebook cryptocurrencies libracoin
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