Future Wealth: Why Amazon Will Launch Its Own Cryptocurrency
Normally we append the ISDA AdvantEDGE & Foresight at the end of a published OSINT publication. However...
FAR FROM AN ENDORSEMENT: This is an active warning of global trends in automation for Artificial Intelligence implemented cryptocurrency.
It is Important to note that there truly is a war on Cash, and a globalist trend to push a one world cryptocurrency "Utility Coin". Every major implementation of cryptocurrency pursued by movements of the global "Corpratocracy" effectually sets the trends among the majority of the uninformed masses of what a "cashless society" would do to our local townships around the world.
Please understand...the ICO or "Intentional Community Opportunity" offered exclusively to the registered IVA Holders as Members of the ISDA are NOT A CRYPTOCURRENCY, but merely the Digital Measurement of how many American Silver Eagles you are beneficiary to held in Trust at the ISDA Vault domiciled in Sovereign Ecclesiastical State, in order to assure the security and jurisdictional protection of your assets held in Trust.
Our proprietary ICO digital measurement allows members of the ISDA with IVA's to digitally transact fractional values of American Silver Eagles (ASEs) Peer-to-Peer; and Peer-to-Small Business Member within a G47 International Marketplace. The G47 Marketplace is the only online exchange platform that allows Participating Community Members (PCMs) and Small Business Members (SBMs) to redeem their goods and services digitally, but in the medium of silver. More importantly, we are NOT a precious metals backed cryptocurrency, because you are the Beneficiary of your allocated assignment of ASEs held in Sovereign Trust, and your metal is callable after your Full Vesting Period has passed.
Even more, your IVA can be capitally leveraged for cash flow liquidity through the ISDA under strategies taught via our exclusive Infinite Cash Flow Management System!
The ICO was created because each silver coin represents a REAL OPPORTUNITY to empower your community, and whereby Individually, we are one drop...Together, we are an ocean!
LEARN MORE ABOUT THE WAR ON CASH HERE!
Townhall Editor’s Note: In recent years, Amazon has reshaped entire industries with its innovations in e-commerce and its acquisitions of retail stores like Whole Foods.
Today, Jeff Brown, Townhall Media’s Official Wealth Creation Expert, shows why Amazon may soon take an unprecedented step into cryptocurrencies. And as an investor, this is a development that should be on your radar.
Most investors missed it…
And the mainstream media, as far as I know, never even reported on it…
But while Wall Street remains fixated on the ups and downs of bitcoin, something unusual is playing out behind the scenes in the blockchain industry.
And it could have huge implications for cryptocurrencies… and even change how business is done… forever.
In short, I believe a major U.S. company is about to issue its very own cryptocurrency…
What I’m about to tell you may sound unbelievable. But I’ll show you all the proof. Then you can decide for yourself.
The company I alluded to is Amazon, the e-commerce and web-services giant. And I believe it is about to issue its very own cryptocurrency.
You likely know Amazon as an e-commerce company. Maybe you’re even an Amazon Prime member and use the company’s fast delivery services.
But investors who think that Amazon is in the business of just selling books, electronics, and dishwasher detergent online are unfortunately missing the big picture… Unless you dig in and understand what’s happening behind the curtain, it’s easy to miss.
Even our own Bill Bonner (founder and chairman of Bonner & Partners) has had his doubts about Amazon. He famously called the company the “river of no returns.”
I mention this briefly because it’s a bit of an “elephant in the room” for readers of Bill’s daily Diary.
I’ve known Bill for a while now. I have nothing but respect for him. And he’s had some great calls over the years. Yet on Amazon, we certainly agree to disagree.
We first discussed Amazon over breakfast in July 2015. I contended that the company’s stock was worth every penny and that it belonged in every investor’s portfolio.
Bill didn’t bite. And that’s fine. As professionals, we can disagree from time to time. And it’s healthy to consider differing viewpoints. That’s how you learn, after all.
But there has been an interesting development with Amazon. And as an investor, it should be on your radar…
You see, something interesting popped up in the internet domain name registry recently. And it looked like this:
Amazon registered the new website address: “www.amazonethereum.com”.
And it registered another: “www.amazoncryptocurrency.com”.
And another: “www.amazoncryptocurrencies.com”.
And this was on top of the already registered “www.amazonbitcoin.com”.
Now, these links will not lead to anything. They are not “live.”
But if history tells us anything, this is likely just the beginning of something exciting.
As I said, I think Amazon is getting ready to launch its own digital currency. And I can’t think of a better company traded on a U.S. stock exchange that could pull this off.
An Early Experiment
Now, before you think I’ve gone mad, have a look at this:
In 2013, Amazon started experimenting with issuing “coins” to be used on Amazon “Fire tablets, Fire TV, and on any Android device through the Amazon Appstore.”
These coins are kind of like frequent flyer points. They have a clear value and can be redeemed for Amazon applications or other services; but they cannot be transferred, sold, or converted back into a fiat currency like the U.S. dollar.
This was just the first step. For a company with annual revenues the size of a decent-sized country, it is in the position to issue a real currency, cryptocurrency, or digital token that is fully convertible into popular cryptocurrencies like bitcoin and ether.
And if a cryptocurrency or token is convertible into bitcoin or ether, it’s convertible into U.S. dollars or just about any other form of fiat currency.
And what’s the best way to guarantee such convertibility of an Amazon cryptocurrency? Simple: create a marketplace to do so. And that’s precisely why Amazon has locked up the domain names above.
How It Would Work
This is where the issuance of a digital token or cryptocurrency has significant advantages. Not only is it completely fungible, it is also divisible down to the smallest amounts desirable.
So… how would it work?
Amazon would either issue a finite number of Amazon-coins or employ a slightly inflationary monetary policy, something aligned with Amazon’s rate of growth over time. This might be something similar to Ethereum’s monetary policy.
It would likely do what is called an airdrop of Amazon-coins into Amazon Prime customers’ accounts. An airdrop simply means that it would distribute the crypto assets to its ecosystem of customers and partners to get the system started.
Having its own currency would enable Amazon to:
Give coins away to application developers to incentivize development on any of its technology platforms
Issue coins to facilitate in-application purchases
Potentially use the coins for in-game purchases of virtual items
Reward customers with more digital tokens if they purchase regularly from the Amazon online store
And Amazon is the perfect company to do this. It has the ideal ecosystem of partners, retail customers, and business customers to leverage.