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Author Topic: Can Amazon Integrate Bitcoin?  (Read 2894 times)
rickadone
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August 17, 2018, 12:38:49 PM
 #321

It seems like a corporation the size of Amazon who are talking about flying a drone to your house to make a delivery could certainly accept Bitcoin.  The question is do they want to ans are they allowed.  
Every company has its own beneficial aspects and objectives that lead them to business success. People are now requesting such companies to take part in bitcoin development by accepting it as source of payment. Some companies really had made the choice to work in bitcoin but mostly aren’t interested or they might be afraid of loss from bitcoin due to its fluctuation. But let’s see what happens.
Can they ? Yes they can. Will they ? I think it would be really hard to achieve considering how many stuff they are selling and how they need to pay others as well.

Think about this, if they sell a book, they do not just get paid, they pay the author, they pay the worker, they pay the paper company, they pay the printer ink company, I can go on and make like "they pay the truck driver" and whatever but you get the point, they do not just pay the author, and if they sell with bitcoin than they can't convert quickly enough to not make a loss on it when bitcoin goes down. Hence its really hard for amazon to use bitcoin, maybe some digital stuff that is owned by them so they don't care about the price at all but why would they is another question.
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August 17, 2018, 12:42:08 PM
 #322

I have read a lot of articles about Amazon integrating Bitcoin into its payment method. Well, there has not been any concrete backing for the claim and still stand out to be a rumor. For Amazon to integrate Bitcoin means a very  positive influence on the crypto market. Amazon have a strong user-base with a lot of investors who will patronize Bitcoin to raise its demand, hence its value.

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August 17, 2018, 02:15:30 PM
 #323

I hope that Amazon will approach and accept Bitcoin in the future. Amazon is the largest corporation in the world, if Amazon accepts Bitcoin, I believe other corporations will also accept Bitcoin.
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August 17, 2018, 02:27:22 PM
 #324

Amazon would take no decision which is not in tune with the USA government. This is how fascism works - the union of corporate and political powers. Therefore Amazon won't integrate Bitcoin until Uncle Sam will give it green light.
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August 19, 2018, 09:31:48 AM
 #325

this is quite likely news, it is a pity that many companies on the growth of the Commission canceled the integration of bitcoin as a payment system
alp
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August 19, 2018, 09:57:34 AM
 #326

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The recent buzz on the possibility that soon Amazon can be adopting Bitcoin as one of their medium of exchange or transactions is sending excitement all over. This can be a holy grail we are all waiting for. However, there are those who seriously look into the matter and concluded that there are still some big hurdles that have to be ironed out before Amazon would really start working for this dreamed adoption.

I am sure that all of us here are already familiar with that one big hindrance and we are also complaining about this since time immemorial. We keep on hoping that soon this thing can be given the right solution as paying a high transfer rate is actually not what Bitcoin is made for. Maybe Amazon is really just waiting for the right time to come and take Bitcoin but for now they must have concluded to temporary shelve the whole idea for reasons we already know.

Of course this is a very good idea, but it seems to me that bitcoin will take a very long time to transfer payments for goods. It will be a long time before the payment passes. On the other hand, it's not a problem. Personally, I used to pay and see that I have already withdrawn money for payment.

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August 20, 2018, 06:12:22 AM
 #327

I hope that amazon doesn't take too long to integrate their payment system with bitcoin so we can try to buy something from amazon. I see the big chance for amazon if they can integrate with bitcoin because they will get more customer from all country and this mean, they can increase their sales. besides that, with the growing of the cryptocurrency in any countries, many people right now have knowing cryptocurrency so they can try to use the crypto in amazon.
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August 20, 2018, 11:17:58 AM
 #328

to my knowledge, Amazon won't integrate bitcoin in any time future whereas Amazon will create their own crypto coin for transactions
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August 20, 2018, 11:57:28 AM
 #329

anything is possible in blockchain technology
fredo123
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August 20, 2018, 01:16:43 PM
 #330

For the moment I don't think they are interested to implement bitcoin as payment.

Amazon should show continued leadership in innovation by eagerly accepting two of the most trusted and proven cryptocurrencies in existence, Bitcoin and Litecoin. It continues acceptance and intelligent integration of these efficient and grond breaking payment methods will lead to more streamlined commerce and an improvement in the purchasing experience for the many millions who shop Amazon.
ziac
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August 20, 2018, 01:29:43 PM
 #331

Thay could if they want it.. But i doubt they will be implementing it anytime soon.. The regulations for btc and other cryptocurrencies is still a problem also the volatile prize of btc really affects the decision making of big players.

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August 20, 2018, 01:33:31 PM
 #332

As long there is a way to apply, the regulation is fixed, not too much trouble from trump,

 im sure they will use it.
Yeah probably this system could be a great advantage especially that some of the BTC holders are also an online client that usally do love online shopping and Amazon could be one of their favorite online shopping. So by accepting bitcoins as an online payment systeme will help them increase their sales. They could also join in our forum and promote Amazon using bitcoin payment system.

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August 20, 2018, 02:16:25 PM
 #333

If amazon really is serious about adopting BTC to exchange for goods and services then it will be a good news for all of us. This means that people willl be buying more coins and buying.mpre coins lessens the market supply this increasing the price. Also, if it is successful in Amazon's end then it will not take long for other companies to do the same.i just hope it will be successful
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August 20, 2018, 02:24:24 PM
 #334

Amazon would get a lot more customers if they started accepting Bitcoin and other cryptos.  Is very foolish on their part to wait this long to implement a btc payment option.

 Since they are tied with the CIA, the U.S. government may have told them not to accept crypto or Amazon is working to develop their own coin to be used for payment.

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dniwe_dna
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August 20, 2018, 02:27:55 PM
 #335

It will be very good for our society. But, considering this, it will be realized not soon, as cryptocurrency is associated only with money laundering and terrorist financing.
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August 20, 2018, 07:45:10 PM
 #336

Bitcoin weekly volatility reached up to 60% per annum during the previous year. And you need to pay very high fee for transaction. It is stupid idea, maybe they will create own cryptocurrency
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August 20, 2018, 07:50:49 PM
 #337

I'm not sure whether it will happen, but it's true that a rumor has been heard about this. But I think Amazon is one of the biggest online shopping in the world. Bitcoin can be added here. This will be beneficial for the world.
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August 20, 2018, 08:42:46 PM
 #338

If amazon will start its own coin that will not be so successful because people already have a emerging coin that gives a lot to the people and that’s the main reason bitcoin is accepted by the amazon and this will give amazon extension for surviving in the upcoming era and more to it this is an ease to the bitcoin use that they can shop from amazon without any worry and in future many other stores will accept btc.
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August 20, 2018, 09:23:09 PM
 #339

Amazon would get a lot more customers if they started accepting Bitcoin and other cryptos.  Is very foolish on their part to wait this long to implement a btc payment option.

 Since they are tied with the CIA, the U.S. government may have told them not to accept crypto or Amazon is working to develop their own coin to be used for payment.

Right, if Amazon will accept Bitcoin then that would be a big leap on the business of online shopping. Knowing that there are many people who are into Bitcoin, I think Amazon would push through accepting Bitcoin even with the agreement with the CIA.

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August 20, 2018, 10:50:13 PM
 #340

Why not everything in business or pary of the business can be always done, If Amazon is very willing to integrate with bitcoin, so the two parties will have a term and conditions as part of business parnerships then they will sign and everything will be in proper order to great success of collaborations.
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