{"id":287718,"date":"2021-04-23T13:33:47","date_gmt":"2021-04-23T17:33:47","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=287718"},"modified":"2021-07-17T20:24:23","modified_gmt":"2021-07-18T00:24:23","slug":"doge4amazon-petition-gathers-steam-as-thousands-call-on-amazon-to-accept-dogecoin","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/doge4amazon-petition-gathers-steam-as-thousands-call-on-amazon-to-accept-dogecoin","title":{"rendered":"\u2018Doge4Amazon\u2019 Petition Gathers Steam As Thousands Call on Amazon To Accept Dogecoin"},"content":{"rendered":"<p><span style=\"font-weight: 400\">No less than 130,000 people have signed a petition for Amazon to accept Dogecoin as a payment option. This comes at the back of Dogecoin\u2019s price surge in recent weeks.<\/span><\/p>\n<h2><b>Dogecoin Petition for Amazon<\/b><\/h2>\n<p><span style=\"font-weight: 400\">The petition called <\/span><a href=\"https:\/\/www.change.org\/p\/jeff-bezos-doge4amazon-accept-dogecoin-as-a-payment-method?use_react=false\"><span style=\"font-weight: 400\">Doge4Amazon<\/span><\/a><span style=\"font-weight: 400\"> now has a total of 130,000 signatures of people from the Dogecoin community. <\/span><\/p>\n<p><span style=\"font-weight: 400\">It was first launched by an anonymous user named Mark E back in September 2018 on Change.org, where it targeted only 25,000 signatures.<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, it surpassed the 100,000-signature mark last month, which may be attributed to the price rally of the cryptocurrency.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">A link to the petition was reportedly posted on Sunday to the active Dogecoin community on Reddit, where it gained 1,100 upvotes.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Mark E disclosed in a recent update that Amazon was contacted by staff at Change.org on behalf of the petition after the petition surpassed 100,000 signatures.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Founded by <\/span><span style=\"font-weight: 400\">former IBM software engineer Billy Markus and product manager Jackson Palmer as a joke in 2013, <\/span><span style=\"font-weight: 400\">the price of the Shiba Inu dog meme-based coin has soared, before it crashed recently. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Its valuation is around $29 billion now, falling off a high of $50 billion, according to <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/dogecoin\/\"><span style=\"font-weight: 400\">CoinMarketCap<\/span><\/a><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Even though small business owners and entrepreneurs are already adopting the cryptocurrency, the petition aims to push Amazon into becoming one of the first major corporations to use it as a payment method.<\/span><\/p>\n<p><iframe title=\"Dogecoin: Explained\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/qVMdq9pDiuQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400\">With Amazon\u2019s massive 47% market share of the e-commerce retail market in the US and net revenues of over $280 billion as reported in 2019, many expect that it would accept Dogecoin. This is however wishful thinking as the retailer is still yet to accept Bitcoin as a mode of payment.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Early this year, Amazon <\/span><a href=\"https:\/\/www.google.com\/amp\/s\/www.coindesk.com\/amazon-digital-currency-mexico%3Famp%3D1\"><span style=\"font-weight: 400\">reportedly<\/span><\/a><span style=\"font-weight: 400\"> posted job vacancies that show that it may be planning to launch its own digital currency project and trial it in Mexico soon.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The yet-to-be-announced project, which the company sketched out across the job posts, appeared to be a digital currency that will be directly converted for cash and will be used to pay for goods and services on the platform.<\/span><\/p>\n<h2><b>Dogecoin\u2019s Steady Rise To Popularity<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Thanks to celebrities and billionaires like Tesla CEO Elon Musk and Dallas Maverick\u2019s Mark Cuban, Dogecoin has been steadily rising to popularity in recent months.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Musk has been very vocal about his love for Dogecoin. He posted several tweets hyping the digital asset and even <\/span><span style=\"font-weight: 400\">once <\/span><a href=\"https:\/\/twitter.com\/elonmusk\/status\/1113009339743100929?s=21\"><span style=\"font-weight: 400\">called<\/span><\/a><span style=\"font-weight: 400\"> it his favorite cryptocurrency.<\/span><\/p>\n<p>Shark Tank investor Cuban also recently <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210304005739\/en\/BitPay-Lets-Merchants-Accept-Dogecoin\">announced<\/a> that his NBA franchise would accept Dogecoin as payment for tickets and merchandise.<\/p>\n<p><span style=\"font-weight: 400\">After his announcement, Cuban revealed that the\u00a0<\/span><span style=\"font-weight: 400\">inclusion of the digital asset as a payment option had paid off as he said the team sold 122,000 DOGE worth of merchandise in March.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">No less than 130,000 people have signed a petition for Amazon to accept Dogecoin as a payment option. This comes at the back of Dogecoin\u2019s <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/doge4amazon-petition-gathers-steam-as-thousands-call-on-amazon-to-accept-dogecoin\" title=\"\u2018Doge4Amazon\u2019 Petition Gathers Steam As Thousands Call on Amazon To Accept Dogecoin\">[&#8230;]<\/a><\/div>","protected":false},"author":1770,"featured_media":287725,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[451,5514],"class_list":["post-287718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-amazon","tag-dogecoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u2018Doge4Amazon\u2019 Petition Gathers Steam As Thousands Call on Amazon To Accept Dogecoin - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"130,000 people have signed a petition for Amazon to accept Dogecoin as a payment option. 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