Over the past year, a growing number of people have leapt to take part in bitcoin’s meteoric rise. Teenagers have invested their college funds. Some families have mortgaged their homes and placed everything on the table. Even billionaires have suggested putting 10% of all assets into the digital currency.
Do slow transaction fees mean Amazon will avoid cryptocurrency? The tech giant is no stranger to innovative scaling solutions. Bitcoin and ethereum are currently too slow to support Amazon’s demands but other cryptocurrencies are not. An alternative cryptocurrency called ripple has tested speeds as high as 1500 transactions per second.
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