Amazon has just legitimized Bitcoin to the Entire World!!!!

[ParsnipCommander]

del

[gagalady]

Good news, that would be really good for bitcoin growth.

[Natium]

Great news, the best on-line store with the best payment method

[RockHound]

Thanks for post - Nice if this is legit!

Myself and fellow esteemed bitcoiners on here, wrote to Amazon last night- Maybe they took heed and reconsidered 

[franky1]

This is huge!

not as huge as banks and government tax departments talking about bitcoin.. but a huge positive like governments legitimizing bitcoin got covered up with the fud about how the cry babies dont want to pay tax

[Pente]

People (especially that have spent money there) with accounts should put in a complaint about lack of option to pay with bitcoin.

[ParsnipCommander]

Thanks for post - Nice if this is legit!

Myself and fellow esteemed bitcoiners on here, wrote to Amazon last night- Maybe they took heed and reconsidered 

That's awesome. Go you!

However the bitcoin community alone WILL NOT be able to do it. We need to really keep doing what we're doing and spreading the word to shops, app devs, web site devs, etc, whatever is needed, and spread the word.

Amazon is smart enough to know that the first batch of letters will be bitcoin people I think. Tom is watching like a hawk, this could be a turning point in his career, so he's going to play this as smart as possible.

[Stuartuk]

Amazon not taking bitcoin is huge? errr OK

I think you'll find Taylor mentioned it in response to a direct question about it in interview. What else is he supposed to do? You are making out as if he held a press conference just to mention Bitcoin. He didn't it was mentioned in an interview in a question and his reply was 'we've looked at it and we don't want it'. If you think them looking at it is huge then you must get excited easily. Obviously they've looked at it after the exposure it has had.

[ParsnipCommander]

Amazon not taking bitcoin is huge? errr OK

I think you'll find Taylor mentioned it in response to a direct question about it in interview. What else is he supposed to do? You are making out as if he held a press conference just to mention Bitcoin. He didn't it was mentioned in an interview in a question and his reply was 'we've looked at it and we don't want it'. If you think them looking at it is huge then you must get excited easily. Obviously they've looked at it after the exposure it has had.

It's optimism If the major papers are making a story on it... why not use it to your best advantage? He's the head of amazon payments, he's been watching it for a while. He probably has some of the best intelligence on new payments options of anyone on the planet.

[BitchicksHusband]

If anything, Target should be looking at it.

They are still reeling from the credit card information scandal.  If they didn't have to store any information at all, they wouldn't have this problem.

Target should immediately set up an account with BitPay or Coinbase and start announcing to the world that you can now shop without giving your information.

[BitchicksHusband]

Amazon not taking bitcoin is huge? errr OK

I think you'll find Taylor mentioned it in response to a direct question about it in interview. What else is he supposed to do? You are making out as if he held a press conference just to mention Bitcoin. He didn't it was mentioned in an interview in a question and his reply was 'we've looked at it and we don't want it'. If you think them looking at it is huge then you must get excited easily. Obviously they've looked at it after the exposure it has had.

It's a lot better than, "What's a bitcoin?"

[ParsnipCommander]

If anything, Target should be looking at it.

They are still reeling from the credit card information scandal.  If they didn't have to store any information at all, they wouldn't have this problem.

Target should immediately set up an account with BitPay or Coinbase and start announcing to the world that you can now shop without giving your information.

It's a lot better than, "What's a bitcoin?"

+1 to both

[leopard2]

First their Amazoncoin need to fizzle then we're talking

[tzortz]

Going mainstream or something? 

[jc01480]

Are we talking about a whole new system of payment hardware as well?  Like a card reader, only a btc exchange system?  There isn't quite tha market for that.........yet.

[DhaniBoy]

i thought amazon accept bitcoin as one of their payment
from i see in title

[ParsnipCommander]

Going mainstream or something? 

Not yet, but Amazon has given BTC a thumbs up in it's favor, and basically laid out what needs to be done to get Amazon to integrate it.

[keithers]

Title is a little misleading.  By saying that they don't plan on incorporating BTC, doesn't really legitimize it in my opinion....

[murraypaul]

Amazon not taking bitcoin is huge? errr OK

I think you'll find Taylor mentioned it in response to a direct question about it in interview. What else is he supposed to do? You are making out as if he held a press conference just to mention Bitcoin. He didn't it was mentioned in an interview in a question and his reply was 'we've looked at it and we don't want it'. If you think them looking at it is huge then you must get excited easily. Obviously they've looked at it after the exposure it has had.

It's optimism If the major papers are making a story on it... why not use it to your best advantage? He's the head of amazon payments, he's been watching it for a while. He probably has some of the best intelligence on new payments options of anyone on the planet.

And he says there is no demand from his customers to use it, and that Amazon have no plans to do so.
That ... doesn't sound like four exclamation points great news.
This really does seem to be clutching at straws.

[murraypaul]

Going mainstream or something?  

Not yet, but Amazon has given BTC a thumbs up in it's favor, and basically laid out what needs to be done to get Amazon to integrate it.

Taking off the rose-tinted googles, here is what he actually said:

“Obviously it gets a lot of press and we have considered it,” Amazon payments head Tom Taylor told Re/code in a recent interview, “but we’re not hearing from customers that it’s right for them and don’t have any plans within Amazon to engage bitcoin.”

And here is the more pessimistic interpretation:
"Currently there is a lot of hype about Bitcoin, but not much more than that. Our customers don't want to use it, and we aren't going to jump on board just because tech blogs get all wobbly at the knees about it"

And, from the original interview:

I mentioned to Taylor that many industry execs expect Amazon to eventually build its own full-blown payments network to compete against the big credit card companies. Will we see a day when the Amazon logo appears at a checkout counter alongside American Express, Visa and MasterCard?

“If we felt like we could do a better job than Amex and Visa, and feel like it helps the customer experience, that’s something we would do,” he said. “But it would really have to be something much better than [what they do].”

Industry sources familiar with Amazon’s business believe it’s a question of “when,” not “if,” but Taylor wouldn’t provide any further details on the company’s thinking.

That seems far more likely than Amazon accepting Bitcoin.