Why is Amazon.com still resisting the use of BTC for payment?

[iqlimasyadiqa]

I think that bitcoin is currently still has a price that is less stable.
amazon side of the big companies do not want to take the risk of instability bitcoin.
especially at this time bitcoin unregulated use.

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[densuj]

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.

[gphx]

Amazon does accept Bitcoin in a way. Go to Gyft or a similar site and using Bitcoin to buy an Amazon gift card. End of problem.

[narutushipu]

because bitcoin anonymous, not control company
i think is big all store online not only amazon not supported bitcoin, ebay is not support bitcoin too

[ASHLIUSZ]

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.

Anyway, people get paid in Amazon credit and then use Purse.io to convert to bitcoin. That's sometimes a better option than the check or direct deposit (or whatever it is). For some, it's likely the only option.

[asriloni]

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 don't think via using purseio will become a good method but maybe better for buying a gift card it's will more instantly and more lower in the level of risk,the amazon it's not wanna accepted bitcoin because it's will difficult for amazon or seller to defined about their price because the rate of bitcoin is always change

[chichidori]

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.

[SmartIphone]

Amazon does accept Bitcoin in a way. Go to Gyft or a similar site and using Bitcoin to buy an Amazon gift card. End of problem.

We already know this but people are worried about accepting and spending bitcoin directly to Amazon, so from sending the money from your bitcoin wallet to amazon directly without going to third party websites buying giftcards and then spending to amazon.
Integrating bitcoin on Amazon requires investment and lots of people to maintain it which I think amazon could afford it.

[European Central Bank]

this thread titles implies that jeff Bezos has barricaded himself in his mansion to avoid the billions of bitcoin users who are constantly beating at his door.

bitcoin is a fly on a horse's ass. there's nothing in it for amazon to add it. there's enough info out there for any retailer to figure out that accepting bitcoin does nothing for sales. adding it would be a grind with little or no upside.

be thankful there are gift card providers out there to make this moot anyway.

[kryptqnick]

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.

That seems reasonable, but are there actually many people who will use btc on Amazon? I mean, I don't think that btc price changes will effect the amount of money company earns in a noticable way.

[Sponsoredby15]

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. Actualy amazon open they store and they accepting bitcoin as a payment but it didn't run in long time because of i dont know what the management plans

[levent]

Bitcoin There are safety issues

[bostiog1]

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

[chixka000]

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.

[talkbitcoin]

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.

[topiOleg]

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.

[Hide_ip112]

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

[Supercrypt]

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.

[shinratensei_]

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?

[squatz1]

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