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Rajan Paswan

LostBird :) • 1y

What if Amazon launched its own cryptocurrency? How would it impact the global economy and traditional banking systems?

Anonymous 3

Hey I am on Medial • 1y

An Amazon cryptocurrency would be a game changer for money laundering, tax evasion, and cyber crime if not properly regulated from the start. Not sure I want to live in that world.

Rajan Paswan

LostBird :) • 1y

Valid point! Regulation would indeed be crucial to ensure that an Amazon cryptocurrency doesn't inadvertently facilitate illicit activities. A carefully crafted regulatory framework from the start could help mitigate these risks and ensure that the benefits of a digital currency are enjoyed responsibly and securely by all. What measures do you think would be essential for effective regulation in this scenario?

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