Amazon to accept bitcoin payments directly... the real breakthrough!?

[NavI_027]

I still think no private organization should be allowed to do stablecoins in the major nations, maybe small island nations and all but no major country should allow their big companies to build any stablecoin and should simply do government stablecoins.

Exactly! You nailed it mate. A private company, even how big it is, cannot control the country where it resides simply because the fact that they are so called private. So chill dude, you already sounded paranoid in your post . Imagine this, if Facebook's Libra which is one of the biggest companies of our era considered as a failure then what more for smaller companies. Government 1 - 0 Companies, 3 to go lol (just based on your list).

[jhonjhon]

Not really, as far as I know there are already big companies that accepts bitcoin as another mode of payment but it doesn’t have any breakthrough effect bitcoin’s price so I think Amazon accepting bitcoin will do any big difference at all. Well, yes it will contribute in attracting more investors because amazon is a big company and it is well known so if they will do that then there customers will be able to know bitcoin and hopefully will invest in it.

[okala]

Hi All,

I'm new here but I'm not new here if you know what I mean. Everything has come along way from how I remember it six to seven years ago when I first found discovered it. This is my first post so just walk with me on this one. A couple of days ago I had a dream that you could pay for everything on Amazon with bitcoin. Crazy I know... but then I thought wait that isn't that crazy.

So I started doing some research. I found a company which developed a browser extension to support payments on amazon with bitcoins (Not sure if its against the rules to post the company so I wont)... I'm sure there is a demand for it as I've seen the trade volume on a well known p2p exchange using Amazon gift cards. I say all of that to say this, what do you think that would do to the value?

Surely this would be the moment which would solidify mass adoption of the currency?

Just a few crazy thoughts going through my mind... whats your opinion 

I jump to this thread with the hope of seeing reasons why bitcoin should resume it bullish momentum only to fine out that it was a dream. It is good and your dream should be a prove that something similar might happen very soon and we are going to see bitcoin up again.

[darewaller]

I think online acceptance will change the bitcoins outer world. I know we will need it to be in our daily lives but if bitcoin became something very common in the online shopping world all around the world with all the big places that takes online payments, that would kind of make it a lot better adopted everywhere else as well.

If amazon directly accepts bitcoin even that would be a big enough deal and if other places follow that and keep on adding bitcoin as an option that would be even better places in daily lives like grocery store or whatever that doesn't accept bitcoin now can see those big companies and may want to add in bitcoin themselves as well to become a bit more competitive.

[Bohxz M4p4gm4h4l25]

Hi All,

I'm new here but I'm not new here if you know what I mean. Everything has come along way from how I remember it six to seven years ago when I first found discovered it. This is my first post so just walk with me on this one. A couple of days ago I had a dream that you could pay for everything on Amazon with bitcoin. Crazy I know... but then I thought wait that isn't that crazy.

So I started doing some research. I found a company which developed a browser extension to support payments on amazon with bitcoins (Not sure if its against the rules to post the company so I wont)... I'm sure there is a demand for it as I've seen the trade volume on a well known p2p exchange using Amazon gift cards. I say all of that to say this, what do you think that would do to the value?

Surely this would be the moment which would solidify mass adoption of the currency?

Just a few crazy thoughts going through my mind... whats your opinion 

This ian't impossible actually and may possibly happen in the near future. We are embracing digital transactions lityle by little that is qhy it was nit surprising if the time will come that amazon starts to accept cryptos. If this will happen, like what you have said, it will reault to a mass adoption and this was a positive thing for bitcoins and other cryptos.

[awik p]

Hi All,

I'm new here but I'm not new here if you know what I mean. Everything has come along way from how I remember it six to seven years ago when I first found discovered it. This is my first post so just walk with me on this one. A couple of days ago I had a dream that you could pay for everything on Amazon with bitcoin. Crazy I know... but then I thought wait that isn't that crazy.

So I started doing some research. I found a company which developed a browser extension to support payments on amazon with bitcoins (Not sure if its against the rules to post the company so I wont)... I'm sure there is a demand for it as I've seen the trade volume on a well known p2p exchange using Amazon gift cards. I say all of that to say this, what do you think that would do to the value?

Surely this would be the moment which would solidify mass adoption of the currency?

Just a few crazy thoughts going through my mind... whats your opinion 

This ian't impossible actually and may possibly happen in the near future. We are embracing digital transactions lityle by little that is qhy it was nit surprising if the time will come that amazon starts to accept cryptos. If this will happen, like what you have said, it will reault to a mass adoption and this was a positive thing for bitcoins and other cryptos.

right, large companies with consumers around the world, of course, will bring big changes, where mass adoption will occur. if this is followed by other large companies, I think it can force the government to legalize it, given the many sources of tax there

[kaya11]

Hi All,

I'm new here but I'm not new here if you know what I mean. Everything has come along way from how I remember it six to seven years ago when I first found discovered it. This is my first post so just walk with me on this one. A couple of days ago I had a dream that you could pay for everything on Amazon with bitcoin. Crazy I know... but then I thought wait that isn't that crazy.

So I started doing some research. I found a company which developed a browser extension to support payments on amazon with bitcoins (Not sure if its against the rules to post the company so I wont)... I'm sure there is a demand for it as I've seen the trade volume on a well known p2p exchange using Amazon gift cards. I say all of that to say this, what do you think that would do to the value?

Surely this would be the moment which would solidify mass adoption of the currency?

Just a few crazy thoughts going through my mind... whats your opinion  

It would give bitcoin price a boost maybe. I never really tried purchasing on amazon because of I fear that maybe my item won't get shipped to my country. Another thing is that I don't have viable payment methods like Visa, or MasterCards, Banks accounts. So if this breaks through and somehow they would accept Bitcoin payments directly, maybe my fears would go away and would try to purchase items using Bitcoin. There are a lot of people that wanna buy things out there but don't have the means like me. As of now I am purchasing in an online shop with Bitcoins (country based), but the items are limited unlike amazon which is vast.

[Finestream]

Definitely that would be a game changer, Amazon is the biggest online shop if I am not mistaken, therefore they will attract adoption from their shoppers.
If that would happen, shopping with Amazon would be easy especially on people who does not have a bank account, debit card, and credit card.

We got some good list of companies that accepts btc- https://99bitcoins.com/bitcoin/who-accepts/

[Gheka]

Definitely that would be a game changer, Amazon is the biggest online shop if I am not mistaken, therefore they will attract adoption from their shoppers.
If that would happen, shopping with Amazon would be easy especially on people who does not have a bank account, debit card, and credit card.

We got some good list of companies that accepts btc- https://99bitcoins.com/bitcoin/who-accepts/

Well, we live in the century of technology and the most advanced equipment, the educational level is also very high, I do not believe that someone will lack a bank account when it is an essential tool in life and we only take a short time to get this account while bitcoin is a strange account for many people, shopping with a bank account is probably easier than bitcoin. Talking about the information that Amazon accepted bitcoin, it appeared many years ago but it was rejected, the value of bitcoin does not create equity among buyers, payment confirmation and control is also a problem

[eaLiTy]

Amazon having their own stablecoin could be really scary, same with facebook and microsoft and apple as well because these are HUGE companies and if they get any more power financially aside from just profiting from their work, they could be unstoppable and could become too powerful to bankrupt which means they will start doing whatever they want to do and if they fail simply they will be bailed out and knowing that they will do whatever they want with that freedom.

If these private companies can overcome the regulatory issues then there is nothing to stop them in coming up with their private centralized currency and the success rate of those depends upon how well people will be migrating into it and how profitable they can be minting their own digital money and maintaining the network, it is not an easy and lucrative business as we think it will be in my opinion especially if it is a stable coin and one miscalculation would take the company to bankruptcy especially in times of disaster.

I still think no private organization should be allowed to do stablecoins in the major nations, maybe small island nations and all but no major country should allow their big companies to build any stablecoin and should simply do government stablecoins.

Since this is a new market there will be many experimentation carried out in the next ten years, private companies coming up with their coins or token, countries coming up with their coins and many more drama is to be seen. If a company is able to hold an equal asset in accordance with the stable coin they are planning to come out, then why not.

[STT]

Surely this would be the moment which would solidify mass adoption of the currency?

Its a stepping stone, its a big part of why BTC is in the region of 10k today not still a tenth of that and people just assume the spike prices are forever when it can also be never again and just a spike but we need apps like this to solidify the gains or BTC is just speculation and money changing and a ticket between two places but never the destination which means it gets replaced by something else.   I think innovation by BTC in order to become commonplace is a requirement, I dont think success is assured or the silly targets must happen its amazing they might be possible at all.

[Sanugarid]

I still think no private organization should be allowed to do stablecoins in the major nations, maybe small island nations and all but no major country should allow their big companies to build any stablecoin and should simply do government stablecoins.

Exactly! You nailed it mate. A private company, even how big it is, cannot control the country where it resides simply because the fact that they are so called private. So chill dude, you already sounded paranoid in your post . Imagine this, if Facebook's Libra which is one of the biggest companies of our era considered as a failure then what more for smaller companies. Government 1 - 0 Companies, 3 to go lol (just based on your list).

Absolutely, even if the biggest private company can get their own stable coin, yes we can say that we can be successful by doing that but it is still hard to become one of the alternative coins and making it stable. Because we all know that cryptocurrency is volatile in price, meaning it is changing time by time when there's transaction happened. In addition, I can say that it is true that any organization and company can do some stable coins but the government will really allow them to do that? Maybe if the government supports their project it can happen and gonna be implemented, as of now there are still countries that did not recognize bitcoin as a good currency.