What u think will happen if Amazon would accept BTC?

[nicolas1979]

Maybe yes maybe not, but if yes it will be good for the customer. They will have a lot of payment method to buy amazon product but of course, amazon needs to clear the rules about this. Hope they will accept bitcoin as a payment method and also give more discount or even a contest ( maybe ). I will wait for this moment.

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[slackcryptoz]

If bitcoin is accepted directly by Amazon the market capital of bitcoin will surely peak in a short. Because more corporate firms will start to invest into bitcoin. Along with this the awareness about bitcoin and other altcoins too will increase among the users in large scale.

[xFiber]

If bitcoin is accepted directly by Amazon the market capital of bitcoin will surely peak in a short. Because more corporate firms will start to invest into bitcoin. Along with this the awareness about bitcoin and other altcoins too will increase among the users in large scale.

Yes I agree, but do you think bitcoin is ready at this point? I don't think it is yet. Transactions are sometimes too slow (even with reasonable fees) and the bitcoin network doesn't support a huge number of transactions per second right now.

[Baofeng]

If bitcoin is accepted directly by Amazon the market capital of bitcoin will surely peak in a short. Because more corporate firms will start to invest into bitcoin. Along with this the awareness about bitcoin and other altcoins too will increase among the users in large scale.

Yes I agree, but do you think bitcoin is ready at this point? I don't think it is yet. Transactions are sometimes too slow (even with reasonable fees) and the bitcoin network doesn't support a huge number of transactions per second right now.

I agree. With the high transaction fee's incurred when using bitcoin as mode of payment, buyers might get frustrated that will force Amazon not to accept bitcoin for now. Bitcoin is really tied up with the scaling issue that will make people not to used it. I hope the issue can be resolved soon.

[amaral1977]

The only coin ATM to become global as it would in Amazon is BTC. however there are several issues with BC blockchain that have to be solved before this happens or the problems that will emerge will give crypto a very bad name.

[Sled]

The only coin ATM to become global as it would in Amazon is BTC. however there are several issues with BC blockchain that have to be solved before this happens or the problems that will emerge will give crypto a very bad name.

Yes before accepting bitcoin by the big companies the issue should be fix first because a lot of things can happen when bitcoin is accepted and there is still problems with its network. If amazon will accept bitcoin while there is a unconfirmed transaction problems then it will be such a big problem that will be a bad reputation for bitcoin.

[MMysterious]

I think you haven't log in to Amazon for quite some time. It already is accepting BTC as mode of payment but not directly on their website instead you can use your wallet on purchasing products and I think availing their Amazon gift cards.

[adzino]

It already is accepting BTC as mode of payment but not directly on their website instead you can use your wallet on purchasing products and I think availing their Amazon gift cards.

Well that's a different thing. Amazon accepting/including bitcoin as an direct option to make purchases would be a whole different story. But using third party sites to buy amazon gift cards does not mean that amazon is accepting bitcoins. We can also buy prepaid gift cards for other online shops like ebay and playstore. That does not mean that they are accepting bitcoin.