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Author Topic: Ask Amazon for Bitcoin Payments  (Read 11863 times)
hollowframe
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July 18, 2014, 12:07:28 AM
 #201

Judges and juries are the only ones who have the authority to make legal conclusions. If the jury thinks that the facts show that the buyer knew the items were purchased with stolen credit cards then it would find him guilty.

Before it gets to that point a prosecutor has to judge whether it is even worth the bother, and I wouldn't think it would progress past that point. Unless you think everyone who gets a good deal selling something on Ebay should be taken to court just in case of wrongdoing, for example.

I make a wishlist on Amazon. I share it on Purse, with a discount I'm seeking from people who want to buy BTC with a credit card. An anonymous bidder accepts my offer. When the item(s) arrive I Confirm Delivery on Purse and the BTC transfers. How could a judge or jury or prosecutor think from that sequence of events that the BTC holder "knowingly" was a party to criminal activity? Might as well just arrest anyone with cash in their pockets, all bankers, etc., because their cash might once have been involved in a crime.

As I already stated, I will do my best to report any confession of illegal activity by a bidder for BTC (unlikely as that may be). I've also brought up this whole issue with Purse (including a link to this thread); I'll share what response I get if any.
What if the prosecutor were to think that you were the anonymous bidder who is simply trying to hide your tracks by used purse to use a stolen credit card?
Good question... I assume they'd be looking for some kind of evidence to back that up. They'd have to have _something_ beyond a mere suspicion to make it worthy of going to trial. And in my case there'd simply be nothing. No evidence in computer records (on my own or the ISP, etc.) nothing in my personal life, real life contacts/associates, relation to any credit card fraud victims, I'd almost certainly have alibis for the time/place of any crimes, etc. And I'd be fully cooperative since I'd have nothing to hide. So again, I couldn't see this going anywhere near a trial.
I think you would still be guilty of receiving stolen property if you bought goods with bitcoin for a discount when the goods were purchased with a stolen credit card. It would be kind of like you buying a stolen TV out of some guy's truck, brand new for 50% off what it would cost you in a store. The semantics are different but the same principles would apply.
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CrackedLogic
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July 19, 2014, 08:12:16 PM
 #202

On a completely different note^

What's the status on amazon accepting bitcoin?

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HarHarHar9965
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July 19, 2014, 09:30:47 PM
 #203

I've asked before. I've only gotten a boilerplate response. I think Amazon is way too big to touch bitcoin for now. Not until there is a much bigger market cap and market liquidity against USD.
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July 19, 2014, 10:43:01 PM
 #204

Judges and juries are the only ones who have the authority to make legal conclusions. If the jury thinks that the facts show that the buyer knew the items were purchased with stolen credit cards then it would find him guilty.

Before it gets to that point a prosecutor has to judge whether it is even worth the bother, and I wouldn't think it would progress past that point. Unless you think everyone who gets a good deal selling something on Ebay should be taken to court just in case of wrongdoing, for example.

I make a wishlist on Amazon. I share it on Purse, with a discount I'm seeking from people who want to buy BTC with a credit card. An anonymous bidder accepts my offer. When the item(s) arrive I Confirm Delivery on Purse and the BTC transfers. How could a judge or jury or prosecutor think from that sequence of events that the BTC holder "knowingly" was a party to criminal activity? Might as well just arrest anyone with cash in their pockets, all bankers, etc., because their cash might once have been involved in a crime.

As I already stated, I will do my best to report any confession of illegal activity by a bidder for BTC (unlikely as that may be). I've also brought up this whole issue with Purse (including a link to this thread); I'll share what response I get if any.
What if the prosecutor were to think that you were the anonymous bidder who is simply trying to hide your tracks by used purse to use a stolen credit card?
Good question... I assume they'd be looking for some kind of evidence to back that up. They'd have to have _something_ beyond a mere suspicion to make it worthy of going to trial. And in my case there'd simply be nothing. No evidence in computer records (on my own or the ISP, etc.) nothing in my personal life, real life contacts/associates, relation to any credit card fraud victims, I'd almost certainly have alibis for the time/place of any crimes, etc. And I'd be fully cooperative since I'd have nothing to hide. So again, I couldn't see this going anywhere near a trial.
I think you would still be guilty of receiving stolen property if you bought goods with bitcoin for a discount when the goods were purchased with a stolen credit card. It would be kind of like you buying a stolen TV out of some guy's truck, brand new for 50% off what it would cost you in a store. The semantics are different but the same principles would apply.
Yeah, in a case like that where it could be documented that the funds used in the fiat purchase were stolen I'd be agreeable to making things right and returning/refunding the proceeds/items. I suspect if someone wanted to fight it, the novelty and complexity of the case would bog it down and they'd probably win on some technicality or other.

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July 19, 2014, 11:12:15 PM
 #205

What is the latest situation for Amazon?

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July 19, 2014, 11:26:41 PM
 #206

What is the latest situation for Amazon?

Unless I missed something, nothing but boilerplate responses. I have to think that Amazon is simply too big to risk holding BTC (can't pay suppliers and vendors in it), and Bitpay can't do that kind of volume!

Harley997
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July 22, 2014, 01:14:47 AM
 #207

Judges and juries are the only ones who have the authority to make legal conclusions. If the jury thinks that the facts show that the buyer knew the items were purchased with stolen credit cards then it would find him guilty.

Before it gets to that point a prosecutor has to judge whether it is even worth the bother, and I wouldn't think it would progress past that point. Unless you think everyone who gets a good deal selling something on Ebay should be taken to court just in case of wrongdoing, for example.

I make a wishlist on Amazon. I share it on Purse, with a discount I'm seeking from people who want to buy BTC with a credit card. An anonymous bidder accepts my offer. When the item(s) arrive I Confirm Delivery on Purse and the BTC transfers. How could a judge or jury or prosecutor think from that sequence of events that the BTC holder "knowingly" was a party to criminal activity? Might as well just arrest anyone with cash in their pockets, all bankers, etc., because their cash might once have been involved in a crime.

As I already stated, I will do my best to report any confession of illegal activity by a bidder for BTC (unlikely as that may be). I've also brought up this whole issue with Purse (including a link to this thread); I'll share what response I get if any.
What if the prosecutor were to think that you were the anonymous bidder who is simply trying to hide your tracks by used purse to use a stolen credit card?
Good question... I assume they'd be looking for some kind of evidence to back that up. They'd have to have _something_ beyond a mere suspicion to make it worthy of going to trial. And in my case there'd simply be nothing. No evidence in computer records (on my own or the ISP, etc.) nothing in my personal life, real life contacts/associates, relation to any credit card fraud victims, I'd almost certainly have alibis for the time/place of any crimes, etc. And I'd be fully cooperative since I'd have nothing to hide. So again, I couldn't see this going anywhere near a trial.
I think you would still be guilty of receiving stolen property if you bought goods with bitcoin for a discount when the goods were purchased with a stolen credit card. It would be kind of like you buying a stolen TV out of some guy's truck, brand new for 50% off what it would cost you in a store. The semantics are different but the same principles would apply.
Yeah, in a case like that where it could be documented that the funds used in the fiat purchase were stolen I'd be agreeable to making things right and returning/refunding the proceeds/items. I suspect if someone wanted to fight it, the novelty and complexity of the case would bog it down and they'd probably win on some technicality or other.
If this were the case then you would essentially be scammed out of your bitcoin and would, at the vest least have a scary encounter with the police/law enforcement.

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July 22, 2014, 03:53:09 PM
 #208

Judges and juries are the only ones who have the authority to make legal conclusions. If the jury thinks that the facts show that the buyer knew the items were purchased with stolen credit cards then it would find him guilty.

Before it gets to that point a prosecutor has to judge whether it is even worth the bother, and I wouldn't think it would progress past that point. Unless you think everyone who gets a good deal selling something on Ebay should be taken to court just in case of wrongdoing, for example.

I make a wishlist on Amazon. I share it on Purse, with a discount I'm seeking from people who want to buy BTC with a credit card. An anonymous bidder accepts my offer. When the item(s) arrive I Confirm Delivery on Purse and the BTC transfers. How could a judge or jury or prosecutor think from that sequence of events that the BTC holder "knowingly" was a party to criminal activity? Might as well just arrest anyone with cash in their pockets, all bankers, etc., because their cash might once have been involved in a crime.

As I already stated, I will do my best to report any confession of illegal activity by a bidder for BTC (unlikely as that may be). I've also brought up this whole issue with Purse (including a link to this thread); I'll share what response I get if any.
What if the prosecutor were to think that you were the anonymous bidder who is simply trying to hide your tracks by used purse to use a stolen credit card?
Good question... I assume they'd be looking for some kind of evidence to back that up. They'd have to have _something_ beyond a mere suspicion to make it worthy of going to trial. And in my case there'd simply be nothing. No evidence in computer records (on my own or the ISP, etc.) nothing in my personal life, real life contacts/associates, relation to any credit card fraud victims, I'd almost certainly have alibis for the time/place of any crimes, etc. And I'd be fully cooperative since I'd have nothing to hide. So again, I couldn't see this going anywhere near a trial.
I think you would still be guilty of receiving stolen property if you bought goods with bitcoin for a discount when the goods were purchased with a stolen credit card. It would be kind of like you buying a stolen TV out of some guy's truck, brand new for 50% off what it would cost you in a store. The semantics are different but the same principles would apply.
Yeah, in a case like that where it could be documented that the funds used in the fiat purchase were stolen I'd be agreeable to making things right and returning/refunding the proceeds/items. I suspect if someone wanted to fight it, the novelty and complexity of the case would bog it down and they'd probably win on some technicality or other.
I am pretty sure that as long as it can be documented that the goods were stolen then, even if you buy them legitimately, they are still considered stolen and must be returned to the rightful owner. Generally there must be some kind of serial number or tracking number to document the fact that they were stolen. 

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July 22, 2014, 03:56:10 PM
 #209

What is the latest situation for Amazon?

Unless I missed something, nothing but boilerplate responses. I have to think that Amazon is simply too big to risk holding BTC (can't pay suppliers and vendors in it), and Bitpay can't do that kind of volume!

Bitcoin is still too small to be considered by Amazon but things may change next year,
more and more companies are adopting it and Amazon will follow sooner or later.
leex1528
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July 22, 2014, 03:58:25 PM
 #210

I think if Amazon gets enough fuss, (People keep saying I am buying at Overstock.com until you accept Bitcoin) they will have to cave. 

It would take a lot of people to make this happen but every little message to them will help in the long run.

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July 22, 2014, 04:03:11 PM
 #211

Emailed them that I now use Overstock (because of Bitcoin), but would like to also use Amazon.
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July 25, 2014, 10:40:39 AM
 #212

bump
boumalo
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July 27, 2014, 08:44:33 PM
 #213

I think if Amazon gets enough fuss, (People keep saying I am buying at Overstock.com until you accept Bitcoin) they will have to cave. 

It would take a lot of people to make this happen but every little message to them will help in the long run.



Yes once Bitcoin has enough people using it, businesses will start allowing Bitcoin payments

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August 18, 2014, 09:15:51 AM
 #214



I first check with Overstock.com before and see if it has products I need to purchase there. Amazon may take a while to jump on the Bitcoin bandwagon and they are so big that bitcoin isn't of any consequence even if all of us contact them. I believe they will eventually integrate Bitcoin but in the meantime I want to support pioneers like Patrick Byrne who have taken a risk and now is even keeping 10% of all bitcoin sales in bitcoin which is amazing considering their margins.

Overstock.com sucks!
1)They take bitcoins only from USA.
2)Their support are not helpful nor interested in customers needs
How do you check, if Bitcoins are from the USA?
You can't check that. Bitcoins can't be from USA, Europe, Asia whatever. The wallet that contains them only can. Maybe he meant customers from the USA.
Yep, I meant they took bitcoins from USA customers only. 

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August 22, 2014, 04:27:54 PM
 #215

That's a good  news. Sooner or later if amazon accepting bitcoin that' a great step and more and more companies will follow them..
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August 24, 2014, 02:15:50 PM
 #216

Any news on them accepting any type of cryptocurrency?

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August 24, 2014, 10:50:33 PM
 #217

I never bought anything from Amazon, but in future i think i will order some stuff out of curiosity. I'd love to see them accepting BTC, since i don't want to use credit cards and stuff if it is not really neccessary.

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August 25, 2014, 03:04:36 AM
 #218

Any news on them accepting any type of cryptocurrency?

Very unlikely in the short term. They said it was not a matter of importance to them earlier this year.

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August 25, 2014, 03:34:07 AM
 #219

With increasing customer demand everyday they will soon start accepting bitcoin payments and It would be awesome to pay AWS bill with bitcoin.


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August 25, 2014, 11:40:54 AM
 #220

It seems that this is all we are lacking at the moment, customer demand. If more of us ask for this to be implemented we may get it sooner rather than later. Petitions and posting anywhere that is possible including Facebook pages, customer support emails and even forums if they have forums is plenty of ways to get their attention and show there is enough people out there want to see them accept it. I wonder how many other companies are thinking the same way as Amazon though and all it will take it enough interest and demand.
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