That is right. The user profile of the Amazon is wider than the companies such as the Steam or computer related companies.
Provably if amazon really accepts and put the logo of bitcoin as their payment processor will theirs no doubt that the numbEr of people using bitcoin will increase and may it can effect the furom market, maybe not also but mostly it can generate some more revenue if they really do that, and it can also help for those online business whos starting since bitcoib can be easy for them to have and finish the transaction immediately and it can cost them less since paypal or other processors deducted huge percentage in every transaction we made.
How could be a turn off for them? They can lessen their transaction payments with it and the market or people using bitcoins are globally rising for now so theirs no really bad if amazon will accept this, it can give them more huge benifits for themselves aswell as they can make the online shopping experience of bitcoin user much easier, and the one thing problem i've seen really for it is the flactuation of this coin this is big disadvantage for bitcoin since businessman can loss huge money if the flactuation is going down.
They don't want bitcoin accepted as payment gateway in amazon, and it has been an attention for them.
And in 2014 ago amazon stated that they have decided to not using bitcoin as their payment method, but you can always buy amazon gift card with bitcoin right?
So, upon seeing this thread I googled immediately if amazon is planning to accept bitcoins in the future and this is what I have found out.
https://localbitcoins.com/buy-bitcoins-online/amazon-gift-card-code/ So it means that you can just your bitcoins for buying amazon gift card.
But amazon still not accepting bitcoins,right?