👀 Amazon is interested in cryptocurrency
Amazon shows interest in the crypto space with new job listing
Hey Waivly Crew! 🌊 It's been a big week for cryptocurrency. The UK is planning to introduce a digital currency called 'Britcoin,' and it looks like Amazon is interested in crypto.
Lucid Motors and Churchill Capital merge
On Monday, Lucid Motors became a publicly traded company after a successful merger with London-based Churchill Capital. The now named Lucid Group rose 10.64% throughout the day after being listed on the Nasdaq.
Plans for the future
Hours after the company went public, CEO Pete Rawlinson announced that Lucid Group will be expanding its factory in Casa Grande, Arizona, by 2.7 million square feet. The Electric vehicle start-up has collected $4.5 billion in capital.
Attention back on the road
Now that the merger went through, Lucid Motors will return its attention to getting its first electric car on the road, the Lucid Air. Since then, Lucid has struggled to raise money nearly causing them to go out of business, until they got an investment from Saudi Arabi'a’s sovereign wealth fund, along with a recent SPAC deal, leaving the company with $4.5 billion.
UK replacing cash with Britcoin
As a UK Chancellor, Rishi Sunak, set out plans to replace the current currency with a crypto coin called ‘Britcoin’.
The new way
As cryptocurrency continues to become more and more popular in people’s every day lives, Chancellor Rishi Sunak has raised the prospect of bringing the new digital currency into people’s every day lives in the UK, with focused-efforts on boosting the economy.
The plan would result in the Bank of England establishing a direct digital equivalent to the usual physical pound sterling, which would be controlled in the same way as the physical money is right now. The sound of ‘controlled’ cryptocurrency has lots of people out already.
Amazon is interested in crypto?
According to a new job listing, Amazon is looking for a digital currency and blockchain expert to add to its payment team.
Will Amazon accept crypto?
It looks like Amazon is interested in cryptocurrency, as they are looking for someone who meets the criteria listed: “You will leverage your domain expertise in Blockchain, Distributed Ledger, Central Bank Digital Currencies and Cryptocurrency to develop the case for the capabilities which should be developed, drive overall vision and product strategy, and gain leadership buy-in and investment for new capabilities.”
🎵 Spotify is introducing a new feature called 'What's new,' giving users live updates about new music and podcasts
🚗 Researchers are testing roads that will charge your Electric Vehicle while you drive
📺 According to sources, Netflix might be working on a Pokémon live-action series
💰 Tesla quarterly profit soars past $1 billion, a new record for the company
It only takes one 'Yes' to make it
Sometimes you might feel like giving up, or like you’re not getting anywhere, but remember, it only takes one ‘Yes’ or one opportunity to get to the next level.
An uphill battle
When running a startup, building up a business, or taking on a new venture, it’s perfectly normal to feel drained and like you’re out of luck after working on your project for so long, and whilst the draining side appears a lot as it’s part of the journey, the out of luck side isn’t necessarily always true.
Whilst you might feel like you’re not getting anywhere at times, it’s important to remember that you’re making something from absolutely nothing (typically) and with that, it isn’t going to be easy in the slightest, which is why we love it.. right?
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