Amazon will accept Bitcoin payment this year

[NathanielParker]

Just now a good friend who hadn't seen me for a long time contacted me on the phone, saying that he had reached Mount Everest again. I am happy to tell him that I really envy you and keep your young heart. I have been tortured by life. After so many years, I haven't changed except for my phone number. Everything else changed. I hope Bitcoin will treat me without changing!

[1715122996]

1715122996

[StanleyBoyle]

This is undoubtedly the best news I have heard during this period of time. People always live in hope. This is also a spiritual pillar. I have also seen some different voices. We should deal with all problems rationally.

Why Amazon Does Not Accept Bitcoin
There's no directly cited reason by Amazon, but plenty of speculation exists.


Volatility, Regulation
The price of bitcoin is more volatile than the price of many other government currencies accepted by Amazon, so there could be some challenges in pricing products. The uncertainty about future cryptocurrency regulation might also be keeping Amazon at bay, as might the difficulty processing returns considering Bitcoin's wild price fluctuations.


Current Agreements
It is possible that Amazon already has great deals in place with major credit card companies, such as Visa (V) and other payment processors. Smaller online retailers don't get such favorable conditions, which creates a competitive advantage for Amazon.

Bezos
One speculative theory is that Amazon founder Jeff Bezos is not a fan of Bitcoin, possibly because he is opposed to the unregulated and anonymous nature of the technology. This theory gained some traction after the Washington Post, a newspaper that Bezos owns, published a particularly critical article in January 2016 entitled, "R.I.P., Bitcoin. It's time to move on." However, this theory is purely speculative.2

Digital Currency Rival
Another theory is that Amazon would like to eventually roll out its own digital currency. If that were the case, Amazon would likely avoid lending credibility to bitcoin, or open up its huge market to a competitor. Amazon already launched Amazon Coins in 2013 for games, apps, and in-app purchases

In the face of a large amount of information, we should treat every news rationally and objectively, and keep the truth from the false. I only believe in the bright future of Bitcoin. I am willing to exchange time for the development of Bitcoin. I will insist.

[Rajamuda]

....

In the face of a large amount of information, we should treat every news rationally and objectively, and keep the truth from the false. I only believe in the bright future of Bitcoin. I am willing to exchange time for the development of Bitcoin. I will insist.

Yeah, it is better if we get the most precise and accurate news, so that it does not cause many hoaxes that can affect the interest of some people in their assessment of bitcoin. Well basically bitcoin will be on the rise in popularity because it has the potential to embrace the future in terms of finance and various other things that can be done in transactions or making profits in investments, also many other projects in terms of cryptocurrency.

[Kimonoe]

....

In the face of a large amount of information, we should treat every news rationally and objectively, and keep the truth from the false. I only believe in the bright future of Bitcoin. I am willing to exchange time for the development of Bitcoin. I will insist.

Yeah, it is better if we get the most precise and accurate news, so that it does not cause many hoaxes that can affect the interest of some people in their assessment of bitcoin. Well basically bitcoin will be on the rise in popularity because it has the potential to embrace the future in terms of finance and various other things that can be done in transactions or making profits in investments, also many other projects in terms of cryptocurrency.

if the news is really accurate, I think it will be an advantage for bitcoin and other cryptocurrencies to be able to develop together. as long as it's not like yesterday's Elon who doesn't seem to think about crypto growth, but only cares about himself

[Issa56]

This is a very good news for bitcoin and bitcoin holders I believe very soon bitcoin is going to pump massively because lot's of companies are already accepting bitcoin as there payment method, so if you are yet to buy bitcoin or you think Bitcoin will still dump I believe this is the right time to Buy bitcoin because I believe in the next few months you won't see bitcoin at this price so is better you buy and hold now and wait for the moon.

[Brus123]

This is another good news as Bitcoin adoption is increasing year after year, there has never been a direct means to use Bitcoin as payment on Amazon, but there will be changes even before the end of the year. Amazon is already planning to add Bitcoin to its payment method, it was said that the directive is coming from the Amazon president, Jeff Bazos.

“This isn’t just going through the motions to set up cryptocurrency payment solutions at some point in the future – this is a full-on, well-discussed, integral part of the future mechanism of how Amazon will work,” she told City AM.

“It begins with Bitcoin – this is the key first stage of this crypto project, and the directive is coming from the very top… Jeff Bezos himself.”

The insider also explained that directors of the world’s fourth largest company were keen to move towards ticking off other big cryptocurrencies once it had established a fast and secure method of Bitcoin payment.

It is awesome news that made my day! I think it is a trigger for Bitcoin to increase significantly. I thought that only the performance of Elon Musk raised the Bitcoin price, but there is one more reason. So good I bought some Bitcoin 3 days ago. I think that it is a big step for companies to begin accepting Bitcoin or other crypto for their service, so my respect for the Amazon!

[bakasabo]

I hope that the option of Bitcoin payment will be available for purchases on Amazon from any country. Hope it wont be like with PayPal, when you can buy Bitcoin only if you are in US. But, I think that it will be like that. Or such option will be available only for limited countries. (Same refers to buying Tesla).
Great news from Amazon, but more detailed information is needed. Because right now it partly looks like a clickbait, as all this info is from insider.

[Poker Player]

I hope that the option of Bitcoin payment will be available for purchases on Amazon from any country. Hope it wont be like with PayPal, when you can buy Bitcoin only if you are in US. But, I think that it will be like that. Or such option will be available only for limited countries. (Same refers to buying Tesla).
Great news from Amazon, but more detailed information is needed. Because right now it partly looks like a clickbait, as all this info is from insider.

I wouldn't get too pessimistic if it starts out that way either. Many times allowing it in a country is the first step. If it is allowed in the USA it will be very bullish and the normal thing is that little by little it will be implemented for most countries in the world. Think that different countries have different legislation and may have a different process, with different permissions from the authorities, to be able to offer the purchase with Bitcoin.

[tyz]

This is another good news as Bitcoin adoption is increasing year after year, there has never been a direct means to use Bitcoin as payment on Amazon, but there will be changes even before the end of the year. Amazon is already planning to add Bitcoin to its payment method, it was said that the directive is coming from the Amazon president, Jeff Bazos.

“This isn’t just going through the motions to set up cryptocurrency payment solutions at some point in the future – this is a full-on, well-discussed, integral part of the future mechanism of how Amazon will work,” she told City AM.

“It begins with Bitcoin – this is the key first stage of this crypto project, and the directive is coming from the very top… Jeff Bezos himself.”

The insider also explained that directors of the world’s fourth largest company were keen to move towards ticking off other big cryptocurrencies once it had established a fast and secure method of Bitcoin payment.

Great news indeed. But there is still some time until the end of the year. Who knows if there won't be another rollback as regulators target the new payment option. I recently started a thread here after Twitch (a company owned by Amazon) ended Bitcoin and crypto payments overnight without notice. So far there has been no official reason given.
Also, until now you could already indirectly purchase from Amazon with Bitcoin, just by buying Amazon vouchers with Bitcoin.

[zanezane]

I hope that the option of Bitcoin payment will be available for purchases on Amazon from any country. Hope it wont be like with PayPal, when you can buy Bitcoin only if you are in US. But, I think that it will be like that. Or such option will be available only for limited countries. (Same refers to buying Tesla).
Great news from Amazon, but more detailed information is needed. Because right now it partly looks like a clickbait, as all this info is from insider.

Now that you've mentioned it, I hope that Amazon will be available in my country because I spend too much in third party freights to deliver it to my country, what's the point of being global if it doesn't reach me right? I hope that it's not a clickbait because I feel like we only get a sneak peek of things.

[shahzadafzal]

This is another good news as Bitcoin adoption is increasing year after year, there has never been a direct means to use Bitcoin as payment on Amazon, but there will be changes even before the end of the year. Amazon is already planning to add Bitcoin to its payment method, it was said that the directive is coming from the Amazon president, Jeff Bazos.

Well it looks like they are already late since they planned it 8 years ago

Wait a minute what.... check this

http://amazonbitcoin.com
Created: 2013-03-15 18:23:47 UTC

So Jeff Bezos have been planning it since 2013???

You cheeky rascal....if this is true he surely owns a huge stash then.... he's a big whale!!!

[darklus123]

This is another good news as Bitcoin adoption is increasing year after year, there has never been a direct means to use Bitcoin as payment on Amazon, but there will be changes even before the end of the year. Amazon is already planning to add Bitcoin to its payment method, it was said that the directive is coming from the Amazon president, Jeff Bazos.

“This isn’t just going through the motions to set up cryptocurrency payment solutions at some point in the future – this is a full-on, well-discussed, integral part of the future mechanism of how Amazon will work,” she told City AM.

“It begins with Bitcoin – this is the key first stage of this crypto project, and the directive is coming from the very top… Jeff Bezos himself.”

The insider also explained that directors of the world’s fourth largest company were keen to move towards ticking off other big cryptocurrencies once it had established a fast and secure method of Bitcoin payment.

I just hope that this is not another billionaire's personal playground that Jeff is trying to pull out like Elon. Tho if I am wrong I think their reason and timing are good as crypto is now widely accepted and this should probably boast more of their income as more crypto users will be interested in purchasing items from them. The thing is when I'm correct we now added another whale in the circulation who is trying to play the game ( those who can't ride the wave will surely drown)

[Kakmakr]

Well, I hope the demand for bitcoins as a payment option, will be higher than the hoarders selling coins to buy sh1t on Amazon. It will be good if Amazon could offer some kind of promotional incentive, like a 10% discount for people paying with Bitcoin at the start of the implementation.. so that people will have a reason to use it. 

Also, if Amazon is going to do this through a Payment processor .... then it will have zero impact.. because Payment processors simply convert all payments into Fiat. 

[Vishnu.Reang]

There has been no official statement from Amazon regarding this. The media has quoted "anonymous" sources. What if the intention is to pump the prices for a limited duration, so that the whales can sell their coins at a profit? Let's not forget what happened with the Tesla adoption. Elon Musk made a few tweets, and the exchange rates rocketed to $62,000. And then he made the U-turn and the prices fell by more than 50%. So this time, I would be more cautious. Keep a close eye on the trade volumes. It will tell whether any manipulation is going on or not.

[ultrloa]

There has been no official statement from Amazon regarding this. The media has quoted "anonymous" sources. What if the intention is to pump the prices for a limited duration, so that the whales can sell their coins at a profit? Let's not forget what happened with the Tesla adoption. Elon Musk made a few tweets, and the exchange rates rocketed to $62,000. And then he made the U-turn and the prices fell by more than 50%. So this time, I would be more cautious. Keep a close eye on the trade volumes. It will tell whether any manipulation is going on or not.

I  also search that  information but no official  news coming to Amazon so maybe this  is just another hype they want to implement and eventhough this is good sight to see since we might gonna see  bitcoin pump up after this huge price decrease happen unto it. Maybe its  good not to buy those news spread but  monitor them closely since if they release certain news like this provably we can see  bitcoin rise up or it can possibly reach another  new ATH to bitcoins.

[qwertyup23]

Wow! This is most certainly a big news indeed, Amazon is a giant online store with millions of subscribers all over the world, btc lovers will be thrilled with this very important piece of information, the ability to be able to use btc to shop in one of the biggest online store in the world would be a great advancement,  am also happy to hear this because I know directly or indirectly this will affect the price of btc in the long run, let the good news keeps rolling in.  

Definitely this is big news for bitcoin.

Imagine, millions of people have been using Amazon for online shopping and the fact that it now provides an alternative payment using BTC implies that more and more businesses have been seeing its potential for the future. This could actually affect the price of BTC to the point that it may increase in the next few weeks/months depending on the date of its implementation.

Nevertheless, even here in the Philippines, more and more online shopping websites have accepted BTC as a form of payment due to its convenience. Slowly but surely, the domination of cryptocurrencies would take over in the far future.

[Kittygalore]

There has been no official statement from Amazon regarding this. The media has quoted "anonymous" sources. What if the intention is to pump the prices for a limited duration, so that the whales can sell their coins at a profit? Let's not forget what happened with the Tesla adoption. Elon Musk made a few tweets, and the exchange rates rocketed to $62,000. And then he made the U-turn and the prices fell by more than 50%. So this time, I would be more cautious. Keep a close eye on the trade volumes. It will tell whether any manipulation is going on or not.

That could be a possibility, for all we know they've had staked already and they just want to hype that they are buying or integrating so as to help increase the prices and making people get to buying believing the price will increase resulting in a rug pull. For me, I just wait for it to really happen and become official.

[maisao1991]

If this is real news then this is great news for BTC, tic has caused BTC to skyrocket to $40k and amazon is one of the biggest online stores in the world. This will help BTC consolidate more and more value in the future.

[sapnu]

This is another good news as Bitcoin adoption is increasing year after year, there has never been a direct means to use Bitcoin as payment on Amazon, but there will be changes even before the end of the year. Amazon is already planning to add Bitcoin to its payment method, it was said that the directive is coming from the Amazon president, Jeff Bazos.

“This isn’t just going through the motions to set up cryptocurrency payment solutions at some point in the future – this is a full-on, well-discussed, integral part of the future mechanism of how Amazon will work,” she told City AM.

“It begins with Bitcoin – this is the key first stage of this crypto project, and the directive is coming from the very top… Jeff Bezos himself.”

The insider also explained that directors of the world’s fourth largest company were keen to move towards ticking off other big cryptocurrencies once it had established a fast and secure method of Bitcoin payment.

Just imagine how much progress and influence it can give to bitcoin if ever this is real and this would take place. There are millions of people who uses Amazon and patronize it and also it is one of the top five biggest company so just see how it would impact to bitcoin's current value and reputation. Just imagine how much trust has been given to bitcoin and for sure, lots of huge companies and organizations would follow through and will also include bitcoin as a mode of payment. It is a breakthrough for bitcoin and let us hope it would work properly so that bitcoin would be publicized even more.

[Tumanggor]

~

I saw the news on television and there the reporter said this news that made the price of Bitcoin go up
this is good news, when amazon officially announces it then I believe the price of Bitcoin will fly even more

I'm curious if there are any other big companies that have followed in the footsteps of the companies that accepted Bitcoin first
Bitcoin is getting more and more interesting by the day