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Author Topic: I talked with Amazon Live Support today...  (Read 17975 times)
Mushoz
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January 16, 2012, 02:52:55 PM
 #41

Going to ask them as well, the more people ask, the bigger chance we have of getting noticed.

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January 16, 2012, 02:54:51 PM
 #42


Amazon.com could sell bitcoins directly

With paypal or credit card? That would be a laugh!

True, but it would happen.  At least for a while.  Credit cards are not going to just fade away anytime soon.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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January 16, 2012, 02:56:43 PM
 #43

I wont stop you from nagging amazon, but I think your time would be better spent nagging to smaller online businesses for whom it would also make more sense. Its not like Amazon is going to increase it sales by accepting bitcoins

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January 16, 2012, 02:57:11 PM
 #44


Amazon.com could sell bitcoins directly

With paypal or credit card? That would be a laugh!

True, but it would happen.  At least for a while.  Credit cards are not going to just fade away anytime soon.

I think you missed my point. Chargebacks.

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January 16, 2012, 02:59:58 PM
 #45


Amazon.com could sell bitcoins directly

With paypal or credit card? That would be a laugh!

True, but it would happen.  At least for a while.  Credit cards are not going to just fade away anytime soon.

I think you missed my point. Chargebacks.

Wouldn't apply in this case.  I'm certain that if Amazon.com sold bitcoins to a Visa customer, Amazon.com would either be able to prove that they sold it to the correct person, or simply didn't engage in the transaction.  Said another way, Amazon.com has the ability to verify that their customers are who they say that they are at the time that they order anything.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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January 16, 2012, 03:00:40 PM
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January 16, 2012, 03:02:57 PM
 #47

They are probably trained to tell anyone who asks about anything that they might be added soon, and then forward the idea on whether or not it may actually be added.

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January 16, 2012, 03:05:15 PM
 #48

I like the offer of emailing the people who have Bitcoin interest.  I believe that is something they would take note of, as they will want to have a targeted mass marketing email to promote if it were to happen, and the best audience is of course the people who were requesting it.  If you have an Amazon account, ask that they 'note' on your account or whatever it is payment feature request and you would like to be notified when it happens.

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January 16, 2012, 03:07:03 PM
 #49

Wouldn't apply in this case.  I'm certain that if Amazon.com sold bitcoins to a Visa customer, Amazon.com would either be able to prove that they sold it to the correct person, or simply didn't engage in the transaction.  Said another way, Amazon.com has the ability to verify that their customers are who they say that they are at the time that they order anything.

That doesnt change the fact that Paypal or Visa would either have to change their policies on currency trading or officially take the stance that bitcoin is not a currency, but a commodity. The implications of that would be significant, as everyone could start accepting credit cards for bitcoins by proving their transaction and identity (using orders that include visa card number signed with their private or something like that).

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January 16, 2012, 03:09:04 PM
 #50

This is very cool, and the show was much more 'to the point' than I ever expected. But if all the inquiries being done on amazon are linked to this forum and the amazon person in charge of investigating bitcoins starts at the obvious points, i.e. this forum, how does that look? I seriously hope that many people are doing that as a result of watching the show, but if not...

Anyway, if nothing else, there'll be a huge surge of indian people interested in bitcoins, all of them call center employees Smiley
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January 16, 2012, 03:10:20 PM
 #51

Wouldn't apply in this case.  I'm certain that if Amazon.com sold bitcoins to a Visa customer, Amazon.com would either be able to prove that they sold it to the correct person, or simply didn't engage in the transaction.  Said another way, Amazon.com has the ability to verify that their customers are who they say that they are at the time that they order anything.

That doesnt change the fact that Paypal or Visa would either have to change their policies on currency trading or officially take the stance that bitcoin is not a currency, but a commodity. The implications of that would be significant, as everyone could start accepting credit cards for bitcoins by proving their transaction and identity (using orders that include visa card number signed with their private or something like that).

That's a fair point.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
DeathAndTaxes
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January 16, 2012, 03:13:02 PM
 #52

It wouldn't just be Amazon though, if they got onboard everybody would. You'd have banks begging to work with the exchanges, of which better ones would have sprung up overnight. That right there would solve the majority of the problems.

Yes eventually but Amazon would be taking the first mover risk.  Look I am not a Bitcoin bear I just think given current liquidity thinking Amazon would adopt it today is naive.  They aren't interested in exposing themselves or their customers to volatility.  

IMHO the market depth isn't there and Amazon even IF interested won't move until it is.  This is the same reason a major hedge fund won't get involved in Bitcoin.  The market depth doesn't support operations at the level they would be interested in.

Still it isn't doom & gloom.  Market depth is growing and is more than sufficient for players with smaller volume (but higher than current merchants/players).  In time it will be large enough that Amazon can liquidate a day's "take" without causing more than a ripple.
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January 16, 2012, 03:17:28 PM
 #53

It wouldn't just be Amazon though, if they got onboard everybody would. You'd have banks begging to work with the exchanges, of which better ones would have sprung up overnight. That right there would solve the majority of the problems.

Yes eventually but Amazon would be taking the first mover risk.  Look I am not a Bitcoin bear I just think given current liquidity thinking Amazon would adopt it today is naive.  They aren't interested in exposing themselves or their customers to volatility. 

IMHO the market depth isn't there and Amazon even IF interested won't move until it is.  This is the same reason a major hedge fund won't get involved in Bitcoin.  The market depth doesn't support operations at the level they would be interested in.

Still it isn't doom & gloom.  Market depth is growing and is more than sufficient for players with smaller volume (by higher than current volume).  In time it will be large enough that Amazon can drop a day's "take" without causing more than a ripple.

Yeah, the "what if?" game is fun though. 

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January 16, 2012, 03:32:06 PM
 #54

german amazon call center also do not know about bitcoin payment...


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January 16, 2012, 03:36:09 PM
 #55

@BitcoinPorn I think mass conversations with their support would work... But Amazon is too big, I think focusing on a target such as thinkgeek would be better. Smiley

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Gerald Davis


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January 16, 2012, 03:39:19 PM
 #56

@BitcoinPorn I think mass conversations with their support would work... But Amazon is too big, I think focusing on a target such as thinkgeek would be better. Smiley
ThinkGeek is a good target.  I needed some C13 to C14 cables and when I bought from monoprice (only place I buy cables) dropped them an email about Bitcoin.

If Bitcoin could land some "medium sized" enterprises in next 12 months I would consider that a big win.

Sure the Amazons, Neweggs, and Steams are sexy but some medium sized enterprises are a more realistic target.

ThinkGeek
Monoprice
Kongregate (flash game site which accept payments)
A large adult services provider
Mini-ITX (a specialty computer parts provider - useful tie in w/ FPGAs)
FrozenCPU (watercooling specialty computer parts provider)
etc
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January 16, 2012, 03:51:08 PM
 #57

Its not like Amazon is going to increase it sales by accepting bitcoins

No, but it could make some easy money by investing in BTC.

1) Acquire many BTC (100,000 or more) cheaply (under 10 USD/BTC).
2) Announce that they will be accepting bitcoin.
3) Wait.
4) Sell.


They could easily get 5x their initial investment and it would (IMO) be low risk.
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January 16, 2012, 03:57:24 PM
 #58

Like others have pointed out, there's really no urgent need for Amazon to sell BTC that they might earn from their products.  At least not initially.  In fact, it would probably be really dumb for them to do so.

My guess is that if Amazon does in fact start accepting bitcoin, that they'll not only accept it, but also provide an exchange, a wallet, and even merchant services that lets others accept it.

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January 16, 2012, 04:12:55 PM
 #59

Like others have pointed out, there's really no urgent need for Amazon to sell BTC that they might earn from their products.  At least not initially.  In fact, it would probably be really dumb for them to do so.

My guess is that if Amazon does in fact start accepting bitcoin, that they'll not only accept it, but also provide an exchange, a wallet, and even merchant services that lets others accept it.

Then, how long will it be before they have most of the 8M BTC currently in existence? Not counting the other entities that'll be jockeying for position to get on the Bitcoin band-wagon at the same time.

Can you imagine a high level boardroom meeting where the execs are trying to get their heads wrapped around this Bitcoin acceptance thing?


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January 16, 2012, 04:15:25 PM
 #60


Can you imagine a high level board meeting where the execs are trying to get their head wrapped around this Bitcoin acceptance thing?




"Damnit Jim, Sumarjit promised a customer another payment method."

"Well shoot, what did he promise this time?"

"Bitcoin?"

"What in god's name is that? Oh I don't care, I'm going to go bathe in a tub full of money now."

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