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Amazon's Jeff Bezos Now Follows Doge Co-Founder Billy Markus On Twitter: Is Something Cooking?

Published May 07, 2022 17:16 Updated May 07, 2022 18:10

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Amazon's Jeff Bezos Now Follows Doge Co-Founder Billy Markus On Twitter: Is Something Cooking?

© Reuters. Amazon's Jeff Bezos Now Follows Doge Co-Founder Billy Markus On Twitter: Is Something Cooking?

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A development that was reported over the weekend sent the Dogecoin (CRYPTO: DOGE) community into a tizzy.

What Happened: Amazon, Inc. (NASDAQ: NASDAQ:AMZN) founder Jeff Bezos has begun to follow Doge co-founder Billy Markus, who goes by the name Shibetoshi Nakamoto on Twitter (NYSE:TWTR).

When this was brought to the attention of Markus, he tweeted a GIF with the text ‘Jeff Bezos, You did it.'

pic.twitter.com/Axj14IlFX7
— Shibetoshi Nakamoto (@BillyM2k) May 6, 2022

The Doge community was quick to jump into conclusions. One of them welcomed Amazon into the Doge family.

I hope this means we have a new member of the #dogefam
If so warm welcomes from my frens � �

— Gregosaurus (@Gregpagemiller) May 6, 2022

Related Link: Why Elon Musk Thinks Dogecoin Is Better For Transactions Than Bitcoin

Another said it will have a significant impact on the crypto.

doesn't matter, it means a lot for Doge
— Elonoshi Muskamoto (@occupymars42069) May 6, 2022

Why It's Important: Amazon doesn't accept Doge or, for that matter, any other crypto as a payment option on its ecommerce platform. A job posting by the ecommerce giant last year triggered speculation that it could begin accepting cryptos. The company, however, has not communicated anything in this regard thus far.

Andy Jazzy, who has taken over from Bezos as Amazon's CEO, reportedly said in an interview to CNBC that he personally does not own any Bitcoin (CRYPTO: BTC). He, however, suggested that Amazon could consider selling non-fungible tokens in the future. "We're not probably close to adding crypto as a payment mechanism in our retail business, but I do believe over time that you'll see crypto become bigger," the CEO added.

A petition urging Amazon and Bezos to accept Doge as a payment option on Change.com has garnered 240,725 signatures at press time. Doge was seen rising 3.57% to $0.1315 on Saturday, according to Benzinga Pro.

Related Link: McDonald's Teases 'Something's Coming' And Elon Musk Reacts: Is Doge Payment In The Cards?

Photo: Created with an image from Steve Jurvetson on Flickr

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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