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Topic: Amazon to accept bitcoin payments directly... the real breakthrough!? (Read 564 times)

full member
Activity: 1442
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★Bitvest.io★ Play Plinko or Invest!
I still think no private organization should be allowed to do stablecoins in the major nations, maybe small island nations and all but no major country should allow their big companies to build any stablecoin and should simply do government stablecoins.
Exactly! You nailed it mate. A private company, even how big it is, cannot control the country where it resides simply because the fact that they are so called private. So chill dude, you already sounded paranoid in your post Cheesy. Imagine this, if Facebook's Libra which is one of the biggest companies of our era considered as a failure then what more for smaller companies. Government 1 - 0 Companies, 3 to go lol Grin (just based on your list).
Absolutely, even if the biggest private company can get their own stable coin, yes we can say that we can be successful by doing that but it is still hard to become one of the alternative coins and making it stable. Because we all know that cryptocurrency is volatile in price, meaning it is changing time by time when there's transaction happened. In addition, I can say that it is true that any organization and company can do some stable coins but the government will really allow them to do that? Maybe if the government supports their project it can happen and gonna be implemented, as of now there are still countries that did not recognize bitcoin as a good currency.
STT
legendary
Activity: 4102
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Quote
Surely this would be the moment which would solidify mass adoption of the currency?

Its a stepping stone, its a big part of why BTC is in the region of 10k today not still a tenth of that and people just assume the spike prices are forever when it can also be never again and just a spike but we need apps like this to solidify the gains or BTC is just speculation and money changing and a ticket between two places but never the destination which means it gets replaced by something else.   I think innovation by BTC in order to become commonplace is a requirement, I dont think success is assured or the silly targets must happen its amazing they might be possible at all.
hero member
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Amazon having their own stablecoin could be really scary, same with facebook and microsoft and apple as well because these are HUGE companies and if they get any more power financially aside from just profiting from their work, they could be unstoppable and could become too powerful to bankrupt which means they will start doing whatever they want to do and if they fail simply they will be bailed out and knowing that they will do whatever they want with that freedom.
If these private companies can overcome the regulatory issues then there is nothing to stop them in coming up with their private centralized currency and the success rate of those depends upon how well people will be migrating into it and how profitable they can be minting their own digital money and maintaining the network, it is not an easy and lucrative business as we think it will be in my opinion especially if it is a stable coin and one miscalculation would take the company to bankruptcy especially in times of disaster.

I still think no private organization should be allowed to do stablecoins in the major nations, maybe small island nations and all but no major country should allow their big companies to build any stablecoin and should simply do government stablecoins.
Since this is a new market there will be many experimentation carried out in the next ten years, private companies coming up with their coins or token, countries coming up with their coins and many more drama is to be seen. If a company is able to hold an equal asset in accordance with the stable coin they are planning to come out, then why not.
hero member
Activity: 1526
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Definitely that would be a game changer, Amazon is the biggest online shop if I am not mistaken, therefore they will attract adoption from their shoppers.
If that would happen, shopping with Amazon would be easy especially on people who does not have a bank account, debit card, and credit card.

We got some good list of companies that accepts btc- https://99bitcoins.com/bitcoin/who-accepts/

Well, we live in the century of technology and the most advanced equipment, the educational level is also very high, I do not believe that someone will lack a bank account when it is an essential tool in life and we only take a short time to get this account while bitcoin is a strange account for many people, shopping with a bank account is probably easier than bitcoin. Talking about the information that Amazon accepted bitcoin, it appeared many years ago but it was rejected, the value of bitcoin does not create equity among buyers, payment confirmation and control is also a problem
hero member
Activity: 3052
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Definitely that would be a game changer, Amazon is the biggest online shop if I am not mistaken, therefore they will attract adoption from their shoppers.
If that would happen, shopping with Amazon would be easy especially on people who does not have a bank account, debit card, and credit card.

We got some good list of companies that accepts btc- https://99bitcoins.com/bitcoin/who-accepts/
full member
Activity: 1344
Merit: 110
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Hi All,

I'm new here but I'm not new here if you know what I mean. Everything has come along way from how I remember it six to seven years ago when I first found discovered it. This is my first post so just walk with me on this one. A couple of days ago I had a dream that you could pay for everything on Amazon with bitcoin. Crazy I know... but then I thought wait that isn't that crazy.

So I started doing some research. I found a company which developed a browser extension to support payments on amazon with bitcoins (Not sure if its against the rules to post the company so I wont)... I'm sure there is a demand for it as I've seen the trade volume on a well known p2p exchange using Amazon gift cards. I say all of that to say this, what do you think that would do to the value?

Surely this would be the moment which would solidify mass adoption of the currency?

Just a few crazy thoughts going through my mind... whats your opinion  Huh





It would give bitcoin price a boost maybe. I never really tried purchasing on amazon because of I fear that maybe my item won't get shipped to my country. Another thing is that I don't have viable payment methods like Visa, or MasterCards, Banks accounts. So if this breaks through and somehow they would accept Bitcoin payments directly, maybe my fears would go away and would try to purchase items using Bitcoin. There are a lot of people that wanna buy things out there but don't have the means like me. As of now I am purchasing in an online shop with Bitcoins (country based), but the items are limited unlike amazon which is vast.
full member
Activity: 1526
Merit: 111
Pepemo.vip
Hi All,

I'm new here but I'm not new here if you know what I mean. Everything has come along way from how I remember it six to seven years ago when I first found discovered it. This is my first post so just walk with me on this one. A couple of days ago I had a dream that you could pay for everything on Amazon with bitcoin. Crazy I know... but then I thought wait that isn't that crazy.

So I started doing some research. I found a company which developed a browser extension to support payments on amazon with bitcoins (Not sure if its against the rules to post the company so I wont)... I'm sure there is a demand for it as I've seen the trade volume on a well known p2p exchange using Amazon gift cards. I say all of that to say this, what do you think that would do to the value?

Surely this would be the moment which would solidify mass adoption of the currency?

Just a few crazy thoughts going through my mind... whats your opinion  Huh





This ian't impossible actually and may possibly happen in the near future. We are embracing digital transactions lityle by little that is qhy it was nit surprising if the time will come that amazon starts to accept cryptos. If this will happen, like what you have said, it will reault to a mass adoption and this was a positive thing for bitcoins and other cryptos.
right, large companies with consumers around the world, of course, will bring big changes, where mass adoption will occur. if this is followed by other large companies, I think it can force the government to legalize it, given the many sources of tax there

full member
Activity: 339
Merit: 120
Hi All,

I'm new here but I'm not new here if you know what I mean. Everything has come along way from how I remember it six to seven years ago when I first found discovered it. This is my first post so just walk with me on this one. A couple of days ago I had a dream that you could pay for everything on Amazon with bitcoin. Crazy I know... but then I thought wait that isn't that crazy.

So I started doing some research. I found a company which developed a browser extension to support payments on amazon with bitcoins (Not sure if its against the rules to post the company so I wont)... I'm sure there is a demand for it as I've seen the trade volume on a well known p2p exchange using Amazon gift cards. I say all of that to say this, what do you think that would do to the value?

Surely this would be the moment which would solidify mass adoption of the currency?

Just a few crazy thoughts going through my mind... whats your opinion  Huh





This ian't impossible actually and may possibly happen in the near future. We are embracing digital transactions lityle by little that is qhy it was nit surprising if the time will come that amazon starts to accept cryptos. If this will happen, like what you have said, it will reault to a mass adoption and this was a positive thing for bitcoins and other cryptos.
hero member
Activity: 2926
Merit: 640
I think online acceptance will change the bitcoins outer world. I know we will need it to be in our daily lives but if bitcoin became something very common in the online shopping world all around the world with all the big places that takes online payments, that would kind of make it a lot better adopted everywhere else as well.

If amazon directly accepts bitcoin even that would be a big enough deal and if other places follow that and keep on adding bitcoin as an option that would be even better places in daily lives like grocery store or whatever that doesn't accept bitcoin now can see those big companies and may want to add in bitcoin themselves as well to become a bit more competitive.
full member
Activity: 980
Merit: 114
Hi All,

I'm new here but I'm not new here if you know what I mean. Everything has come along way from how I remember it six to seven years ago when I first found discovered it. This is my first post so just walk with me on this one. A couple of days ago I had a dream that you could pay for everything on Amazon with bitcoin. Crazy I know... but then I thought wait that isn't that crazy.

So I started doing some research. I found a company which developed a browser extension to support payments on amazon with bitcoins (Not sure if its against the rules to post the company so I wont)... I'm sure there is a demand for it as I've seen the trade volume on a well known p2p exchange using Amazon gift cards. I say all of that to say this, what do you think that would do to the value?

Surely this would be the moment which would solidify mass adoption of the currency?

Just a few crazy thoughts going through my mind... whats your opinion  Huh




I jump to this thread with the hope of seeing reasons why bitcoin should resume it bullish momentum only to fine out that it was a dream. It is good and your dream should be a prove that something similar might happen very soon and we are going to see bitcoin up again.
full member
Activity: 1316
Merit: 126
Not really, as far as I know there are already big companies that accepts bitcoin as another mode of payment but it doesn’t have any breakthrough effect bitcoin’s price so I think Amazon accepting bitcoin will do any big difference at all. Well, yes it will contribute in attracting more investors because amazon is a big company and it is well known so if they will do that then there customers will be able to know bitcoin and hopefully will invest in it.
full member
Activity: 1232
Merit: 186
I still think no private organization should be allowed to do stablecoins in the major nations, maybe small island nations and all but no major country should allow their big companies to build any stablecoin and should simply do government stablecoins.
Exactly! You nailed it mate. A private company, even how big it is, cannot control the country where it resides simply because the fact that they are so called private. So chill dude, you already sounded paranoid in your post Cheesy. Imagine this, if Facebook's Libra which is one of the biggest companies of our era considered as a failure then what more for smaller companies. Government 1 - 0 Companies, 3 to go lol Grin (just based on your list).
legendary
Activity: 2996
Merit: 1132
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Amazon having their own stablecoin could be really scary, same with facebook and microsoft and apple as well because these are HUGE companies and if they get any more power financially aside from just profiting from their work, they could be unstoppable and could become too powerful to bankrupt which means they will start doing whatever they want to do and if they fail simply they will be bailed out and knowing that they will do whatever they want with that freedom.

I still think no private organization should be allowed to do stablecoins in the major nations, maybe small island nations and all but no major country should allow their big companies to build any stablecoin and should simply do government stablecoins.
member
Activity: 294
Merit: 13
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Well if this is true then it would be one great step towards BTC adaptation.
I also found this site https://giftcards.switch.ag but I haven't tried it yet,
Could there be someone who have experience using this site?
It seem's good but I don't really want to try something new without having some feed back's if it is legit or not.
sr. member
Activity: 1568
Merit: 283
I'm new here but I'm not new here if you know what I mean. Everything has come along way from how I remember it six to seven years ago when I first found discovered it. This is my first post so just walk with me on this one. A couple of days ago I had a dream that you could pay for everything on Amazon with bitcoin. Crazy I know... but then I thought wait that isn't that crazy.

So I started doing some research. I found a company which developed a browser extension to support payments on amazon with bitcoins (Not sure if its against the rules to post the company so I wont)... I'm sure there is a demand for it as I've seen the trade volume on a well known p2p exchange using Amazon gift cards. I say all of that to say this, what do you think that would do to the value?

Surely this would be the moment which would solidify mass adoption of the currency?

Just a few crazy thoughts going through my mind... whats your opinion  Huh
You’re free to mention the site, and moreover most of us here already that you are either talking about Purse.io or Bitpay. With purse.io you will be able to make Amazon purchase and make payments with bitcoin. It’s been around for quite some time and that’s what some people have been using, though I have never used it for once.

But, I have checked out the site quite a few times. Another means for making use of bitcoin to buy on Amazon is through Bitpay. With Bitpay there are lots of possibilities as you can purchase gift cards of Amazon, Xbox, delta,Uber and a lot of them through their wallet app. I have used it to purchase an Amazon gift card for once. I am not really into it since I do prefer to make purchase from my PayPal. But that’s just me.
hero member
Activity: 3150
Merit: 937
The question "When will Amazon accept bitcoin?" has been asked 1000 times on the forum and this topic keeps getting attention.Can't you people realize that Amazon will never accept bitcoin payments,because the authorities won't let them?They are a giant corporation that's tied to the current fiat credit/debit card system and they have no plans about creating their cryptocurrency or accepting any existing cryptocurrency.
We will continue using services like purse.io,when it comes to buying stuff on Amazon using BTC.
 
legendary
Activity: 3542
Merit: 1352
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The shop will have a wider range of audience due to the increased number of payment options but not enough to actually make a substantial shift on the adoption curve for bitcoin. We have had instances wherein huge shops and known companies accepted bitcoin for a while, only to drop them off due to the low number of people who actually uses it, plus the fact that the volatility of bitcoin hurts so much on those who directly accept it. Steam, for instance, accepted bitcoin payments back in 2015, only to silently drop it a year and a half later with reasons unknown. Though there are a lot of gamers using bitcoins to buy games or whatever in the said gaming platform, ultimately Steam has to take it down due to it not doing anything good in the company (I guess).
sr. member
Activity: 1638
Merit: 300
For amazon user's yes, but there are a lot of those that use amazon, for example in our country where online shops like Lazada, Shoppee, and OLX are popular. I usually use Lazada and shoppee but we can' use bitcoin since they are not accepting it so we use this exchange to get credit or coins in that online shop using bitcoin. Still, we are not directly using it and still convert our bitcoin to fiat.
full member
Activity: 1736
Merit: 116
In my opinion it will not give a real breakthrough on the growth of bitcoin if amazon accepts payments with bitcoin directly. One large company
will not have a big effect, but the results will be different if all the big market places on the internet are all already received payments directly
with bitcoin. That can only be called a real breakthrough, because those who use bitcoin will be very a lot, this will increase bitcoin demand and
can make bitcoin prices continue to rise.
sr. member
Activity: 1484
Merit: 277
Every developments is a good news for all who've been following the footsteps of bitcoin, and now direct payments for online shopping has now begun to show off.
The thoughts is infinite and would gather more interesting information from all sectors that loved to see cryptocurrency showed intimate breakthrough towards physical marketplace.
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