Can Amazon Integrate Bitcoin? - page 12.

noel2123

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Quote from: John Wick on November 12, 2017, 03:42:31 PM

Quote from: BCEmporium on November 10, 2017, 06:06:54 PM

Quote from: BartS on November 10, 2017, 05:56:20 PM

Quote from: STRAKS on November 04, 2017, 02:54:46 PM

I doubt that they will be doing that anytime soon. The VP of Amazon recently stated that there is no market need to integrate Bitcoin and therefore they currently do not have plans to implement BTC nor other digital currencies as payment solutions.

And I think he is right bitcoin is great but there are not enough people using bitcoin at the moment in order to justify adopting bitcoin, I know that we all would like for amazon to accept bitcoin but there is not a reason for them to do it, there is no money in it, there are going to be all kind of troubles with scammers and it is not part of their ideology, so they gain nothing by accepting bitcoin.

How are people going to scam Amazon with Bitcoin...? The payments are irreversible, so Amazon would actually have increased security over traditional payment methods.

Amazon would create its own blockchain. This can be either a separate blockchain or they can adopt bitcoin and they can prepare a solution desk system where people can also make their claims about refund. This is up to amazon. They can still hold the funds until the buyer approves the shopping.

possible this was actually make sense , since amazon is one of the big company on electronic commerce they are capable of doing there own blockchain where they can have there own sort of rules ! surely I will look forward to this

John Wick

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Quote from: BCEmporium on November 10, 2017, 06:06:54 PM

Quote from: BartS on November 10, 2017, 05:56:20 PM

Quote from: STRAKS on November 04, 2017, 02:54:46 PM

I doubt that they will be doing that anytime soon. The VP of Amazon recently stated that there is no market need to integrate Bitcoin and therefore they currently do not have plans to implement BTC nor other digital currencies as payment solutions.

And I think he is right bitcoin is great but there are not enough people using bitcoin at the moment in order to justify adopting bitcoin, I know that we all would like for amazon to accept bitcoin but there is not a reason for them to do it, there is no money in it, there are going to be all kind of troubles with scammers and it is not part of their ideology, so they gain nothing by accepting bitcoin.

How are people going to scam Amazon with Bitcoin...? The payments are irreversible, so Amazon would actually have increased security over traditional payment methods.

Amazon would create its own blockchain. This can be either a separate blockchain or they can adopt bitcoin and they can prepare a solution desk system where people can also make their claims about refund. This is up to amazon. They can still hold the funds until the buyer approves the shopping.

bakunawaaa

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Sorry. I fail to see what the big hurdle is. Can you please explain.

margarete11

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Quote from: Xember on November 12, 2017, 02:21:07 PM

I believe so. Amazon is one of the biggest online buy and sell company around the world. I think they have the suffecient technology and staff to implement bitcoin in their system. The only question that is running in my mind is when will they start integrating it. Hopefully, they’ll do it sooner because a lot of bitcoin user will be pleased.

yup agree if amazon really wanted to make bitcoin as one of there payment gateway it could be done instantly however the problem is amazon might not implement it due to unknown reason , it would be good if they do but I doubt it will actually happen.

ashaksagnis

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Of Course no. high risk to be scammed . Amazon is already biggest online shop platform. i dont think so that amazon can take a risk and add bitcoin payment system.

Xember

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I believe so. Amazon is one of the biggest online buy and sell company around the world. I think they have the suffecient technology and staff to implement bitcoin in their system. The only question that is running in my mind is when will they start integrating it. Hopefully, they’ll do it sooner because a lot of bitcoin user will be pleased.

bstewart

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Quote from: BCEmporium on November 10, 2017, 06:06:54 PM

Quote from: BartS on November 10, 2017, 05:56:20 PM

Quote from: STRAKS on November 04, 2017, 02:54:46 PM

I doubt that they will be doing that anytime soon. The VP of Amazon recently stated that there is no market need to integrate Bitcoin and therefore they currently do not have plans to implement BTC nor other digital currencies as payment solutions.

And I think he is right bitcoin is great but there are not enough people using bitcoin at the moment in order to justify adopting bitcoin, I know that we all would like for amazon to accept bitcoin but there is not a reason for them to do it, there is no money in it, there are going to be all kind of troubles with scammers and it is not part of their ideology, so they gain nothing by accepting bitcoin.

How are people going to scam Amazon with Bitcoin...? The payments are irreversible, so Amazon would actually have increased security over traditional payment methods.

Yeah I doubt scamming will be a big issue here. And Amazon will still peg it to the dollar so returns would be relevant to dollar amount and not bitcoin.

Nwereonye

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Yes, it is very likely because I feel bitcoin has made a name for itself in the currency market. Most e-commerce sites have already adopted it.

interactivecrypto

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yes they will integrate they buy a few domain name read it here:https://www.interactivecrypto.com/will-amazon-accept-cryptocurrency-payments/

bstewart

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Yes, and they will.

Just give them some time, they will catch up like the rest of them.

c-none

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I think they will go with their own currency.

jayhawk1

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Quote from: rainezerr401 on November 06, 2017, 11:29:51 AM

Yes they can, They have professional software engineer's that can handle the programming stuff's and it will be depending on the ceo if they will implement a bitcoin transaction in their website.

They will, indeed. Amazon is the world biggest shopping store that works online and when they see the prices of bitcoins and people are willing to use bitcoin instead of cash, then will turn up their heads and work on it. Every good thing takes time and gradually everything just get influence with it. Same will happen with bitcoin, when it will be easily available in market, then all these shopping stores will integrate it.

BCEmporium

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Quote from: BartS on November 10, 2017, 05:56:20 PM

Quote from: STRAKS on November 04, 2017, 02:54:46 PM

I doubt that they will be doing that anytime soon. The VP of Amazon recently stated that there is no market need to integrate Bitcoin and therefore they currently do not have plans to implement BTC nor other digital currencies as payment solutions.

And I think he is right bitcoin is great but there are not enough people using bitcoin at the moment in order to justify adopting bitcoin, I know that we all would like for amazon to accept bitcoin but there is not a reason for them to do it, there is no money in it, there are going to be all kind of troubles with scammers and it is not part of their ideology, so they gain nothing by accepting bitcoin.

How are people going to scam Amazon with Bitcoin...? The payments are irreversible, so Amazon would actually have increased security over traditional payment methods.

BartS

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Quote from: STRAKS on November 04, 2017, 02:54:46 PM

I doubt that they will be doing that anytime soon. The VP of Amazon recently stated that there is no market need to integrate Bitcoin and therefore they currently do not have plans to implement BTC nor other digital currencies as payment solutions.

And I think he is right bitcoin is great but there are not enough people using bitcoin at the moment in order to justify adopting bitcoin, I know that we all would like for amazon to accept bitcoin but there is not a reason for them to do it, there is no money in it, there are going to be all kind of troubles with scammers and it is not part of their ideology, so they gain nothing by accepting bitcoin.

batang_bitcoin

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Quote from: BitcoinNational on November 09, 2017, 01:58:59 PM

It's pretty strange they haven't done it before. Amazon is at the cutting edge ecommerce.
Some other websites allow crypto payments years ago. Don't know what they wait for. Maybe they wany to develop their own crypto on the blockchain, who knows?

They maybe afraid of the volatility of bitcoin and they don't want to take the risk before. But there are rumors that soon they will now start to use bitcoin and accept payments through it. We may consider those other websites that are into bitcoin for an early time but yet if Amazon decides for themselves we can't do anything for it, we just have to wait for their decision and one day they will be into crypto already.

BCEmporium

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Quote from: Wipro on November 09, 2017, 02:31:10 PM

Quote from: BitcoinNational on November 09, 2017, 01:58:59 PM

It's pretty strange they haven't done it before. Amazon is at the cutting edge ecommerce.
Some other websites allow crypto payments years ago. Don't know what they wait for. Maybe they wany to develop their own crypto on the blockchain, who knows?

You seems not aware that bitcoin can be used in amazon or not I cannot understand. I see that you are not much knowledge about purse.io because still you can able to buy anythings using purse to access in amazon site.
There was an announcement about the bitcoin payment api in amazon but not yet added.

He's not talking about third party services or resellers of Amazon gift cards. He was specifically talking about shops that have Bitcoin payment gateways integrated into their own website directly. Which Amazon does not, as he correctly pointed out.

Wipro

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Quote from: BitcoinNational on November 09, 2017, 01:58:59 PM

It's pretty strange they haven't done it before. Amazon is at the cutting edge ecommerce.
Some other websites allow crypto payments years ago. Don't know what they wait for. Maybe they wany to develop their own crypto on the blockchain, who knows?

You seems not aware that bitcoin can be used in amazon or not I cannot understand. I see that you are not much knowledge about purse.io because still you can able to buy anythings using purse to access in amazon site.
There was an announcement about the bitcoin payment api in amazon but not yet added.

BitcoinNational

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Join The Blockchain Revolution In Logistics

It's pretty strange they haven't done it before. Amazon is at the cutting edge ecommerce.
Some other websites allow crypto payments years ago. Don't know what they wait for. Maybe they wany to develop their own crypto on the blockchain, who knows?

mOgliE

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I am convinced that for Amazon, attracting bitcoin users is a potential gold mine. However, for the moment it is completely impossible for them to use such currency as bitcoin is either illegal or simply ignored by most governments.

Amazon, even though they do not have much trouble to play with taxes and working conditions, using their international network, still must abide by the law everywhere it pursues transactions.

Therefore, time is not right at the moment for them to go into bitcoin. But sure, they are looking for a way to make profit with it!

CuriousGeorge

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KUWA.ai

Quote from: ?? on ??

Highly possible, Steam did it 2 years ago, Amazon should have already added it but just not yet...

But they need to consider so many thing since Paypal already used for payment method in amazon since then which people oftenly said that Paypal is the only real competitors for bitcoin leading the digital payment
in this world.
But they consideration will be whether the integration with bitcoin could bring them benefits or just merely disadvantage, they will make their own decision.

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