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Topic: Why is Amazon.com still resisting the use of BTC for payment? - page 3. (Read 8418 times)

hero member
Activity: 1008
Merit: 540
Amazon.com does not currently accept the use of bitcoins directly on their website, but you can use bitcoins for Amazon product purchases by using your wallet to buy an Amazon digital gift card Now, though, users of the controversial peer-to-peer digital system can spend their cryptocurrency in brick and mortar stores including Home Depot, CVS, Kmart and Sears as well as online at web retail granddaddy Amazon.com eGifter uses Bitcoin wallet Coinbase to process
full member
Activity: 280
Merit: 101
Maybe they're only using Country's currency
legendary
Activity: 3766
Merit: 1217
I don't understand why Bitcoiners are so upset about this. It is up to Amazon to decide whether they want to accept BTC as a form of payment or not. We can't force them to accept BTCs, if they don't want to. There are hundreds of sites out there which accept BTCs. Overstock and TigerDirect are good examples. Use them, if you want to pay with BTC.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
It could just simply be the generally negative attitude about bitcoin. Or maybe it just isn't popular enough.


I do not think that's the case, let's see some people consider bitcoin was associated with something negative but does it affect you in using bitcoin. Or popularity, because I think bitcoin currency is already popular today. So why amazon not add bitcoin, only those who know the reason. thanks
legendary
Activity: 1946
Merit: 1137
i think it is mostly because of the lack of interest in using bitcoin.
it is true that you can see a lot of people here or in any other bitcoin related place but how many of you have actually asked Amazon or other similar services to add bitcoin payment.
these businesses will never go through the hassle of adding a new payment system and adding one extra option to their system just because a handful of people asked them to do so!
legendary
Activity: 1067
Merit: 1000
It doesn't make economic sense to use btc as payment for most companies.
hero member
Activity: 994
Merit: 544
It is because bitcoin is not part of the payment method in Amazon maybe because of the complexity or just because not all customers are familiar with bitcoin.  Let us just wait for the right time for bitcoin to be well known as a fiat currency and then maybe online sites will include bitcoin as payment method.  They are maybe thinking of that also but it will take time to analyze, to organize, and to plan if they will include bitcoin as mode of payment.  There are many reasons but let us just wait for the time that bitcoin will be recognize as a stable currency.
sr. member
Activity: 462
Merit: 273
It could just simply be the generally negative attitude about bitcoin. Or maybe it just isn't popular enough.
sr. member
Activity: 434
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
until bitcoin gets bigger amazon will just avoid the headache. They make so much money already why upset the apple cart. Also people sell on
Amazon and amazon is just the middle man on some so those people would have to accept bitcoin also.  Its still new amazon will come around
hopefully cause im a prime member and would be great to have bitcoin option
sr. member
Activity: 364
Merit: 254
CryptoTalk.Org - Get Paid for every Post!
If enough customers demand bitcoin as a payment option, they will have to consider it. It is a matter of economics. They have to accommodate the customers if it costs them business not to, or if it will bring in a lot of business if they do so.
hero member
Activity: 672
Merit: 500
I think the potential problems of bitcoin is a value that can not be unpredictable and theft in bitcoin wallet service provider. Are they responsible if our bitcoin stolen? I do not think so. As happened some time ago.
member
Activity: 70
Merit: 10
They want more people using it i guess, they mainly just want solid trade vehicles so buyer and seller are happy.  They then take a cut, everyone wins.  I think we will see paypal full into bitcoin pretty soon.
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
Really doesn't matter what they think about using BTC for payment as you can just go on Gyft.com and buy a AGC with BTC. So even as they resist we just find a way to go around anything they do, RIP to any of their attempts at stopping BTC!

LONG LIVE BTC
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
Is it a business reason? Or perhaps the complexity of bitcoin accounting creating potential issues?

What do you think?
In my opinion bitcoin is still new there are not many people who use it for payment method and bitcoin is high risk because fluctuating of price its self. But if we wanna shopping on Amazon we can use purse.io, purse use bitcoin as payment method.
I agree with this, maybe if you tell a smaller retail about for accepting bitcoin, I sure they will say not for it because too rarely bitcoin users in our environment. and moreover for the big companies like amazon?
legendary
Activity: 1554
Merit: 1054
Bitcoin There are safety issues

bitcoin is the safest thing you can find. but the problem is that it is up to you to make it safe, and you can not be lazy in doing so.

besides have you ever heard about the amount of money people lose just by using banks, the fraud, the massive number of stolen credit cards and many more, just for using fiat+banks.
Bitcoin is not the safest thing, especially when we talk about profits. We all know that bitcoin's value is obviously highly volatile and that risk is enough to put down bitcoin integration because of unpredictable nature.
I too guess this might be the prime reason for amazon why they are still resisting to use bitcoin for their payments.
full member
Activity: 196
Merit: 100
Bitcoin There are safety issues

Yeah, I saw that the security problem in the bitcoin can be one of the factors that causes is still very little online or offline store that accepted bitcoin. but I think it's not a question of being a major factor, as I see it the main factor which they think is because it is still very little someone using bitcoin and also the market demand has yet to require bitcoin
full member
Activity: 174
Merit: 100
It will be a huge lost for them if bitcoins drop half of its price, bitcoin is unpredictable if amazon want to accept bitcoin they should have an experience trader for them to get the best exchange possible from the bitcoins earned from selling.

Because amazon dont what to be bankrupt if bitcoin price will down so they going to finalize if they want to accept bitcoin as a payment. 

There is zero risk for Amazon from price changes because basically all merchants use bitpay or similar service and immediately selling Bitcoins at actual price. I dont know of any merchants who dont do this insta selling.

The more likely reason for Amazon is there is not enought new people to bring to Amazon who were not Amazon customers before, so why the trouble. Its task of Amazon smaller competitors to try attract more customers by offering to pay with Bitcoin, and they do, but I doubt it brings much more sales to them.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
Bitcoin There are safety issues

bitcoin is the safest thing you can find. but the problem is that it is up to you to make it safe, and you can not be lazy in doing so.

besides have you ever heard about the amount of money people lose just by using banks, the fraud, the massive number of stolen credit cards and many more, just for using fiat+banks.
hero member
Activity: 910
Merit: 500
Is it a business reason? Or perhaps the complexity of bitcoin accounting creating potential issues?

What do you think?
Because it is more easier for people to pay from bank account
i think it is much easier if people pay through bitcoin dude because it is way faster  than banks. You will also be having problem if you don't monitor your loans or what else. Unlike bitcoin less hassle, less worries and gives you anonymity.
member
Activity: 112
Merit: 10
Is it a business reason? Or perhaps the complexity of bitcoin accounting creating potential issues?

What do you think?
Because it is more easier for people to pay from bank account
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