In any case, this is positive news, and we see how the market comes to life thanks to such news. I think this is a matter of time.
I am agree with you when said about this good for bitcoin market. such news to pump bitcoin price and they make it one for sell all they have bought and taken profit. amazon not accepted bitcoin, only third party where they do for all merchant like that. 
Topic: You Can Now Shop With Bitcoin on Amazon Using Lightning (Read 487 times)
Most awaited bitcoin payment system and that too in amazon with this integration we can expect more adoption with big companies and big merchants may happen in the coming future
well I dont know how true this is because i have not heard anything about it yet but then it will be a very welcomed development since we all desire bitcoin to be used for all kinds of transaction.
You Can Now Shop With Bitcoin on Amazon Using Lightning
“To be clear, Amazon itself never touches bitcoin. Kruger declined to specify which traditional financial institutions are helping convert the bitcoin to fiat on the backend so that Amazon merchants actually receive fiat currency for their wares.“
Its quite suspecting. The name of the browser extension itself is not that well known, I wonder if there will be bitcoin holders that will trust this browser with their wallet details. Besides it says there that Amazon itself never touches bitcoin so in the event of conflict or problem, How can Amazon be responsible in solving it since its been stated already there that they are taking their hands off the matter? “To be clear, Amazon itself never touches bitcoin. Kruger declined to specify which traditional financial institutions are helping convert the bitcoin to fiat on the backend so that Amazon merchants actually receive fiat currency for their wares.“
It is better to be safe than sorry, am not ready to subject or compromise my personal wallet information just because i want to shop online with btc when there is still fiat alternative that is well secured,
I would rather wait when there are better ways to make transactions securely, for now i will maintain using fiat till such a time when more secured options are available. But it is a great idea.
I would rather wait when there are better ways to make transactions securely, for now i will maintain using fiat till such a time when more secured options are available. But it is a great idea.
It's a new beginning for online businesses and merchants and even bitcoin users. It would be easy for us to purchase products in Amazon on our convenience. I just hope that there would be a low transaction fee since that's a struggle for most buyers. Let's see if it could affect the value of Bitcoin in the coming days.
You Can Now Shop With Bitcoin on Amazon Using Lightning
https://www.coindesk.com/you-can-now-shop-with-bitcoin-on-amazon-using-lightning
What are you thoughts about this one? Remember you have to download your browser's extension and then connects your wallet. And this what worry me most. As this could be another potential loopholes that hackers can exploit. And I assume that the fee's here will be high as well.
I also heard negative press about the people behind this company. So this is not an endorsement of any kind. Just wanted to brought this to the community. Always used your common sense.
Edit: https://www.reddit.com/r/ethereum/comments/auqrhf/psa_on_moon_browser_extension/
Quote
Bitcoin spenders can now use the lightning network to shop at e-commerce sites like Amazon.
Crypto payment processing startup Moon announced today that any lightning-enabled wallet can now also be used through Moon’s browser extension. Before this lightning feature, roughly 250 beta users already used Moon to spend crypto on e-commerce sites by connecting the browser extension to exchange accounts like Coinbase.
To be clear, Amazon itself never touches bitcoin. Kruger declined to specify which traditional financial institutions are helping convert the bitcoin to fiat on the backend so that Amazon merchants actually receive fiat currency for their wares. However, Kruger added that by 2020 the lightning-enabled feature should work on almost any e-commerce site, regardless of whether that platform accepts bitcoin directly.
“There’s no direct merchant integration,” Kruger said, clarifying that Moon also manages payment channels and merely offers a simple interface for sending payments.
Crypto payment processing startup Moon announced today that any lightning-enabled wallet can now also be used through Moon’s browser extension. Before this lightning feature, roughly 250 beta users already used Moon to spend crypto on e-commerce sites by connecting the browser extension to exchange accounts like Coinbase.
To be clear, Amazon itself never touches bitcoin. Kruger declined to specify which traditional financial institutions are helping convert the bitcoin to fiat on the backend so that Amazon merchants actually receive fiat currency for their wares. However, Kruger added that by 2020 the lightning-enabled feature should work on almost any e-commerce site, regardless of whether that platform accepts bitcoin directly.
“There’s no direct merchant integration,” Kruger said, clarifying that Moon also manages payment channels and merely offers a simple interface for sending payments.
https://www.coindesk.com/you-can-now-shop-with-bitcoin-on-amazon-using-lightning
What are you thoughts about this one? Remember you have to download your browser's extension and then connects your wallet. And this what worry me most. As this could be another potential loopholes that hackers can exploit. And I assume that the fee's here will be high as well.
I also heard negative press about the people behind this company. So this is not an endorsement of any kind. Just wanted to brought this to the community. Always used your common sense.
Edit: https://www.reddit.com/r/ethereum/comments/auqrhf/psa_on_moon_browser_extension/
I was shopping on amazon with bitcoin in 2013, buy a gift card with bitcoin from gyft.....
This is a nice development that will help cut the cost of transaction fee, make shopping on E-Commerce site simple as it will allow us to spend our coins well thereby increasing demand and popularity of cryptocurrencies however this has not been officially announced by Amazon for the authenticity of this information.
Wow, really cryptocurrency goes to e-commerce? What a news! I did not live to see it until this time when market leaders will pay attention to cryptocurrency. That should have been done a long time ago.
I do not know whether this is a proposal to switch to a new browser, but integration of cryptocurrency into large services will occur, I am sure of that. how quickly this happens depends on whether to join large services in a revolution. I can accept the fact that few people still understand the advantage of cryptocurrency. But for this, there are platforms like taklimakan this to teach more people how to use cryptocurrency as a means of trading and payments.Wow, really cryptocurrency goes to e-commerce? What a news! I did not live to see it until this time when market leaders will pay attention to cryptocurrency. That should have been done a long time ago.
I do not know whether this is a proposal to switch to a new browser, but integration of cryptocurrency into large services will occur, I am sure of that. how quickly this happens depends on whether to join large services in a revolution. I can accept the fact that few people still understand the advantage of cryptocurrency. But for this, there are platforms like taklimakan this to teach more people how to use cryptocurrency as a means of trading and payments.Wow, really cryptocurrency goes to e-commerce? What a news! I did not live to see it until this time when market leaders will pay attention to cryptocurrency. That should have been done a long time ago.
I do not know whether this is a proposal to switch to a new browser, but integration of cryptocurrency into large services will occur, I am sure of that. how quickly this happens depends on whether to join large services in a revolution. I can accept the fact that few people still understand the advantage of cryptocurrency. But for this, there are platforms like taklimakan this to teach more people how to use cryptocurrency as a means of trading and payments.Wow, really cryptocurrency goes to e-commerce? What a news! I did not live to see it until this time when market leaders will pay attention to cryptocurrency. That should have been done a long time ago.
I do not know whether this is a proposal to switch to a new browser, but integration of cryptocurrency into large services will occur, I am sure of that. how quickly this happens depends on whether to join large services in a revolution. I can accept the fact that few people still understand the advantage of cryptocurrency. But for this, there are platforms like taklimakan this to teach more people how to use cryptocurrency as a means of trading and payments.
Wow, really cryptocurrency goes to e-commerce? What a news! I did not live to see it until this time when market leaders will pay attention to cryptocurrency. That should have been done a long time ago.
Much awaited update from amazon for bitcoin enthuasim bitcoin now been accepted in amazon web store Amazon and bitcoin acceptance have positive impact on crypto
even without reading the links i can tell you that a big company like Amazon who has been asked to add bitcoin payment options to their platforms and have been refusing it so far is not going to change their mind without a fuss overnight and they will definitely not start with Lightning Network.
Amazon will continue ignoring Bitcoin until it can actually handle at least a quarter of the volumes it's pushing on a daily basis. Bitcoin as it is right now can't even come close to 0.1% of their volumes. People need to stop being overly bullish and expect miracles to happen.
Imagine all the complaints Amazon has to deal with by accepting Bitcoin. Most of the current non crypto related merchants experience more problems accepting Bitcoin than it results in a boost in revenue and profits. It wouldn't even surprise me if they end up getting ddos attacked just because they accept Bitcoin. What a hassle.
You Can Now Shop With Bitcoin on Amazon Using Lightning
https://www.coindesk.com/you-can-now-shop-with-bitcoin-on-amazon-using-lightning
What are you thoughts about this one? Remember you have to download your browser's extension and then connects your wallet. And this what worry me most. As this could be another potential loopholes that hackers can exploit. And I assume that the fee's here will be high as well.
I also heard negative press about the people behind this company. So this is not an endorsement of any kind. Just wanted to brought this to the community. Always used your common sense.
Edit: https://www.reddit.com/r/ethereum/comments/auqrhf/psa_on_moon_browser_extension/
Quote
Bitcoin spenders can now use the lightning network to shop at e-commerce sites like Amazon.
Crypto payment processing startup Moon announced today that any lightning-enabled wallet can now also be used through Moon’s browser extension. Before this lightning feature, roughly 250 beta users already used Moon to spend crypto on e-commerce sites by connecting the browser extension to exchange accounts like Coinbase.
To be clear, Amazon itself never touches bitcoin. Kruger declined to specify which traditional financial institutions are helping convert the bitcoin to fiat on the backend so that Amazon merchants actually receive fiat currency for their wares. However, Kruger added that by 2020 the lightning-enabled feature should work on almost any e-commerce site, regardless of whether that platform accepts bitcoin directly.
“There’s no direct merchant integration,” Kruger said, clarifying that Moon also manages payment channels and merely offers a simple interface for sending payments.
Crypto payment processing startup Moon announced today that any lightning-enabled wallet can now also be used through Moon’s browser extension. Before this lightning feature, roughly 250 beta users already used Moon to spend crypto on e-commerce sites by connecting the browser extension to exchange accounts like Coinbase.
To be clear, Amazon itself never touches bitcoin. Kruger declined to specify which traditional financial institutions are helping convert the bitcoin to fiat on the backend so that Amazon merchants actually receive fiat currency for their wares. However, Kruger added that by 2020 the lightning-enabled feature should work on almost any e-commerce site, regardless of whether that platform accepts bitcoin directly.
“There’s no direct merchant integration,” Kruger said, clarifying that Moon also manages payment channels and merely offers a simple interface for sending payments.
https://www.coindesk.com/you-can-now-shop-with-bitcoin-on-amazon-using-lightning
What are you thoughts about this one? Remember you have to download your browser's extension and then connects your wallet. And this what worry me most. As this could be another potential loopholes that hackers can exploit. And I assume that the fee's here will be high as well.
I also heard negative press about the people behind this company. So this is not an endorsement of any kind. Just wanted to brought this to the community. Always used your common sense.
Edit: https://www.reddit.com/r/ethereum/comments/auqrhf/psa_on_moon_browser_extension/
The story is summed up in the third party
Amazon did not accept BTC
Amazon must be pressured by its dealers (who wish to accept BTC as a payment method)
Or encourage other sites that have already accepted BTC and deal with it more.
the title of the article is very misleading because you still can not "shop on Amazon with bitcoin" since they do not accept bitcoin and what you are doing is that you are going through a third party which is never desirable specially when we are talking about decentralized bitcoin which was supposed to cut all the middle men.
From the look of how this third party operates, I will agree with you on this. Giving a third party an opportunity to connect to your browser and wallet is not a great idea. You are just making your wallet vulnerable to be hacked.
Quote
besides Amazon should be a thing of past for us, in our world we should stick to decentralized market places such as Open Bazaar and make them grow and replace Amazon.
I realized that decentralized online market platforms do not really promote their platforms and that is the reason for the low patronage.
We still cannot shop with bitcoin on Amazon cause that are not included in their payment processor. The article was mean to have a third party site to handle the payment and convert it into fiat. There was no sentence where it say amazon accepted bitcoin for their payment. Read it back and the title was so misleading people.
When I first saw this thread I thought that Amazon was really adopted Bitcoin and it was the reason for the increasing price of Bitcoin nowadays but after reading the posts of different people then I realized that this is an another hoax, I'm now curious again on why is the price of BTC is on an uptrend.
That is great even a big company like Amazon are now adding bitcoin as a payment. This is one of so many proof that bitcoin will starting to dominate all over the world. And because of that netizens and government will open their mind in using and investing in bitcoin. And I think bitcoin can be a good instrument a easier daily transaction when other big companies like Amazon are going to invest at bitcoin.
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