What are the difficulties with Amazon accepting Bitcoin payments？

[Kittygalore]

I don't see any of those difficulties a problem for Amazon, the government problem can easily be solved by having their lobbyist do the work, there are existing technology that can be used to convert crypto payments for fiat for business that anyone can use including the biggest e-commerce platform in the future.

[bryant.coleman]

If I am not wrong, it is already possible to pay in Amazon using PayPal Bitcoin. So ideally there should not be much issues for Amazon, if they want to accept direct payments in Bitcoin. One issue that comes to my mind is that the tax calculation may get complicated, due to the volatile exchange rates. That would mean much more paperwork and effort from the tax consultants. Ideally, they should start with some country that is more friendly towards cryptocurrency before the rollout in the United States. Germany and Japan are two countries that come to my mind right now. 

[adzino]

This may be a rumor，But does not hinder our discussion.
-snip-

Amazon already denied that they are going to accept bitcoin by the end of the year. The rumor started spreading when amazon posted a job looking for digital currency and blockchain experts/project leads. This along with other news like tesla likely going to accept bitcoin probably made the price of bitcoin soar and go above $39,000 USD. I don't think companies like Amazon would be facing any difficulties in accepting bitcoin. Going to be a very interesting week.

[aprilnot]

I think it's a regulatory issue. Amazon doesn't want to get in trouble just for accepting bitcoin or other crypto. they prefer to play it safe, and don't want to speculate about this. that's why they immediately refuted this speculation. if the regulations on bitcoin and crypto were clearer, they might have adopted bitcoin a long time ago.

[Connor Britton]

From an accounting point of view, my first reaction is how to verify the converted price in the future, because the price of Bitcoin changes all the time.
There are also expensive handling fees. Will the handling fees be more expensive than the price of the goods？This will affect sales.

I think it should be priced in U.S. dollars, and the bitcoin price of this product will fluctuate at any time. This is just using Bitcoin as a means of payment. The opposite scheme is to use Bitcoin for pricing, and each commodity has a fixed Bitcoin price, but this may not pass the U.S. regulatory agency.

If the price of Bitcoin is taken as the standard price, if the price of Bitcoin is high, no one wants to buy something worth $5 with $50. The pricing problem is difficult to solve,

[Xinarae*]

Bitcoin's value will not be considered bitcoin is the most popular currency in terms of price fluctuations. There are no difficulties in accepting amazon bitcoin payments as it will further increase the demand for bitcoin transactions with online payments based on amazon will be easier this is our fear so there is no mechanism to control when it collapses or goes up.

[Sithara007]

If the price of Bitcoin is taken as the standard price, if the price of Bitcoin is high, no one wants to buy something worth $5 with $50. The pricing problem is difficult to solve,

This is a non-issue. All the items available in Amazon is priced in fiat currency. After they start accepting BTC, it may be possible to pay using your coins. But at the same time, since the prices are given in fiat, the coins will be immediately converted to USD or any other fiat currency once the payment is made. So volatility is not an issue (unless Amazon has an idea to store at least some of the coins they receive for the long term). They may use some provider like Coinbase to process the Bitcoin payments. As soon as the coins are received, Coinbase will convert it to fiat as per the prevailing exchange rates.