Bitcoin is still a shady business to many people. They probably don't want to be remembered anything related to a "shady business".
What about Microsoft, Steam, Overstock and many others? They clearly don't believe that or care.
Topic: Why is Amazon.com still resisting the use of BTC for payment? - page 10. (Read 8433 times)
What about Microsoft, Steam, Overstock and many others? They clearly don't believe that or care.
Bitcoin is still a shady business to many people. They probably don't want to be remembered anything related to a "shady business".
We all know you can buy every kind of drugs with bitcoin like we also can do it by paying US Dollars but you gotta admit, we also like bitcoin because it is not a god damn government invention. We like it because it resembles "bittorrent". (name and use wise)
We like it because we don't wanna pay taxes. (at least, most of us)
That's why they don't like it.
We all know you can buy every kind of drugs with bitcoin like we also can do it by paying US Dollars but you gotta admit, we also like bitcoin because it is not a god damn government invention. We like it because it resembles "bittorrent". (name and use wise)
We like it because we don't wanna pay taxes. (at least, most of us)
That's why they don't like it.
They don't take gold either.
They will probably accept ETH before bitcoin.
That's a good joke.....WAIT.....you're being serious?
Amazon will likely accept LSK before ETH.
You bet. I've heard Amazon have a team of 2500 people who monitor the alt section on here so they can add new coins before they go down the shitter.
mainly because people would try and take advantage of the bitcoin price volatility and get products for cheaper. people would buy tons of stuff when the price is max. and amazon would be stuck with a low amount of btc.
I dont think amazon need Bitcoin payments right now, amazon is big enough already and they dont mind loosing few orders which integrating Bitcoin could bring. So I guess not worth the effort, especially when you can use purse.io to buy amazon vouchers instead.
Why would anyone care whether Amazon accepts bitcoin or not, if we already have Purse.io?
My fear is that Purse will fold if Amazon ever does accept bitcoin. I've gotten hooked on saving 15-25% off whenever I need to get something from Amazon via Purse.
My fear is that Purse will fold if Amazon ever does accept bitcoin. I've gotten hooked on saving 15-25% off whenever I need to get something from Amazon via Purse.
I assume them getting afraid of how to handle refund claims but they may implement built in escrow feature in their platform later on to start accepting bitcoin payments and easily handle refund claims just like they do with paypal transaction.
Is it a business reason? Or perhaps the complexity of bitcoin accounting creating potential issues?
What do you think?
Amazon is a huge website and reason why Amazon is not accepting Bitcoin is just because Bitcoin is not on that level yet. It is true that Bitcoin is becoming bigger and bigger but Amazon does not need Bitcoin. Amazon is already successful. What do you think?
Is it a business reason? Or perhaps the complexity of bitcoin accounting creating potential issues?
What do you think?
Amazon is a huge website and reason why Amazon is not accepting Bitcoin is just because Bitcoin is not on that level yet. It is true that Bitcoin is becoming bigger and bigger but Amazon does not need Bitcoin. Amazon is already successful. What do you think?
Perhaps the Amazon market specialists have analyzed the Bitcoin market and found out that the demand for Bitcoin payment options wasn't that high so there wouldn't be a reason to implement Bitcoin payments right now because that wouldn't affect their revenue stream much if at all. If the Amazon customers had clearly demanded that Amazon should add Bitcoin to the platform and the transactions would account for a substantial amount of their revenue I am pretty sure Amazon would have done this already.
i think it is mostly because of the anonymity of bitcoin versus money. when you are trading on amazon buying or selling when you use fiat you can be traced and so they might be afraid if they add bitcoin the number of frauds might increase.
although i think it can be easily prevented and i am just guessing that is the reason.
although i think it can be easily prevented and i am just guessing that is the reason.
But if u purchase items on Amazon, the anonymity is reduced. Amazon or seller need a delivery address to send the goods.
The user can send his goods to his/her friends and pick it after the package arrived.
Even ID confirmation at amazon can be manipulated easily and people can buy goods at amazon through third party.
They will probably accept ETH before bitcoin.
That's a good joke.....WAIT.....you're being serious?
Amazon will likely accept LSK before ETH.
They will probably accept ETH before bitcoin.
That's a good joke.....WAIT.....you're being serious?
I think that companies like amazon are not accepting bitcoin for selling products due to its uncertain price movement.
The price of bitcoin can go upside down within one or two days. This kind of fluctuation in price is not good for business. Initially everyone hopes that bitcoin price will increase only. But for a business a contingency plan needs to be there if the price goes down. That is what stopping companies from accepting bitcoin.
The price of bitcoin can go upside down within one or two days. This kind of fluctuation in price is not good for business. Initially everyone hopes that bitcoin price will increase only. But for a business a contingency plan needs to be there if the price goes down. That is what stopping companies from accepting bitcoin.
Amazon's core business principle is to keep things simple and not to do anything unless their customers clearly indicate that they want it. Perhaps, they don't yet believe that BTC is such a must-have for the bulk of their customers. Probably rightly.
i think it is mostly because of the anonymity of bitcoin versus money. when you are trading on amazon buying or selling when you use fiat you can be traced and so they might be afraid if they add bitcoin the number of frauds might increase.
although i think it can be easily prevented and i am just guessing that is the reason.
although i think it can be easily prevented and i am just guessing that is the reason.
But if u purchase items on Amazon, the anonymity is reduced. Amazon or seller need a delivery address to send the goods.
i think it is mostly because of the anonymity of bitcoin versus money. when you are trading on amazon buying or selling when you use fiat you can be traced and so they might be afraid if they add bitcoin the number of frauds might increase.
although i think it can be easily prevented and i am just guessing that is the reason.
although i think it can be easily prevented and i am just guessing that is the reason.
I think the main reason is that Amazon managers think that there won't be much interest from people purchasing stuff off Amazon with Bitcoin and there probably won't be enough completed sales to warrant the inclusion of a 3rd party payment processor like BitPay that will handle the Bitcoin transactions. Or perhaps the current volatility of Bitcoin isn't very attractive to them even though this can be easily remedied by exchanging the crypto for fiat at the current rate upon the time of purchase. But I think the main reason is just that Bitcoin won't create enough revenue on their platform as people tend to use it as a store of value and not as a digital currency.
Or perhaps it is due to legality issues in certain countries?
There are so many possibilities. Perhaps there are refund concerns when people buy goods when bitcoins prices are high but chose to refund when prices are low to game the bitcoin gains?
Amazon is also a listed company. Concerns with SEC?
There are so many possibilities. Perhaps there are refund concerns when people buy goods when bitcoins prices are high but chose to refund when prices are low to game the bitcoin gains?
Amazon is also a listed company. Concerns with SEC?
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