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Amazon launches its own virtual currency called Coins and gives ‘tens of millions’ away for free to US Kindle owners

Posted By admin On May 14, 2013 @ 5:39 am In Money Watch | Comments Disabled

UK Daily Mail [1]
May 14, 2013

Amazon has launched its own currency called Amazon Coins.

It’s currently only available in the States for Kindle Fire owners, but the Coins can be used to pay for games, apps and in-app purchases from the Amazon Appstore.

One Amazon Coin is worth one US penny, and Kindle Fire owners are getting 500 Coins ($5) for free as part of the launch.

The Coins will also be able to be used on the company’s retail site when they become more widely available.

Amazon has not yet confirmed when the scheme will be launched outside of the US, or if it will be available to non-Kindle users.

Full article here [1]

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URLs in this post:

[1] UK Daily Mail: http://www.dailymail.co.uk/sciencetech/article-2324188/Amazon-launches-virtual-currency-called-Coins-gives-tens-millions-away-free-US-Kindle-owners.html

[2] Amazon Kindle users surprised by ‘Big Brother’ move: http://www.prisonplanet.com/amazon-kindle-users-surprised-by-big-brother-move.html

[3] Privacy experts ‘roast’ Kindle Fire for ‘watching you’ online – worse than Google OR Facebook: http://www.prisonplanet.com/privacy-experts-roast-kindle-fire-for-watching-you-online-worse-than-google-or-facebook.html

[4] China Invented Every Single Major Form of Currency – Metal Coins, Paper Money and Fiat Currency – And Seized Gold Six Centuries Before FDR: http://www.prisonplanet.com/china-invented-every-single.html

[5] Amazon.com wipes user’s account, instantly deletes every ebook she ever purchased: http://www.prisonplanet.com/amazon-com-wipes-users-account-instantly-deletes-every-ebook-she-ever-purchased.html

[6] Patent for Amazon Big Brother Tracking System That Tries to Guess Where You’re Going: http://www.prisonplanet.com/patent-for-amazon-big-brother-tracking-system-that-tries-to-guess-where-you%e2%80%99re-going.html

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