Amazon to accept bitcoin and litecoin as payments or not?

[xuan87]

Do petitions matter to these big private companies?

Of course it is matter, big companies need a lot of customers, if Amazon is going to accept crypto currencies then it can increase their selling, it will be good for bitcoin and for Amazon, as customer we are easier to do transaction with bitcoin, hopefully Amazon will accept bitcoin, but Amazon supposed to be thinking about this, if Amazon doesn't follow the latest trend then one day it can be left behind

[Amph]

tough call, because amazon currently don't even accept paypal, they ahve their own policy, and they like to have a regulated payment method, and sadly bitcoin isn't the case for now, at least not in all country accepted by amazon

also amazon report everything to fiscal agent, and with bitcoin would be a problem to track everything, do they even know how the blockchain work?

for now you cna use purse.io to buy on amazon or all4btc, both work good, just a bit slow

[Chin Cheng]

I really find it hard to think amazon to accept bitcoin and litecoin as a mode of payment pretty soon,there are certain limitations to be sorted out,the delays are quite significant and the volatility means that they will be having a big loss if the market goes down,there are several factors to take into consideration if they have to accept crytpo currency and none is favoring that for now.

[eaLiTy]

amazon report everything to fiscal agent, and with bitcoin would be a problem to track everything, do they even know how the blockchain work?
for now you cna use purse.io to buy on amazon or all4btc, both work good, just a bit slow

This will be a major concern for a big store like amazon as they have to abide by the rules and regulations of the country and if bitcoin is not regulated in that country it will be difficult for them to accept it,amazon being the leader in things related to technology i do think they have their engineers trying to figure out to tame the blockchain and take advantage of it.

[Mandoy]

i've posted the link to Jeff Bezos petition from change here but it seemed like people around here weren't interested enough in it for some reason!
hope this petition ends up having some effect at least.

That is the greatest challenge that we must overcome. The management of Amazon was somehow negative on using bitcoins and it was the observed trend over the past years. But we will wait and see if they will make some positive moves and finally accept bitcoins as mode of payment in their site.

Other sites have already started to study bitcoin and will be adding it to the mode of payments, and if Amazon will experience a downfall in sales then maybe they will also be forced to accept bitcoin. It is a sad thing for Amazon if they will not integrate bitcoin into their system since it will make a negative impact on their sales on the near future.