Digital Wallet, Here We Come!

amazonAmazon first took down Borders, and now it’s got its sights on the US Treasury. Now that Bezos & Co. are done capturing the book world, it’s going after currencies, announcing that it will be issuing “Amazon Coins” to Kindle owners for use in the development and purchase of games and apps on the Kindle platform. The exchange rate will be 100 Amazon coins to $1 US – though no word from Amazon if there will be any equivalent of the Federal Reserve in order to prevent a Bitcoin-like run-up in price. Continue reading “Digital Wallet, Here We Come!”