Post
Topic
Board Bitcoin Discussion
Re: Why is Amazon.com still resisting the use of BTC for payment?
by
woola3
on 08/07/2016, 22:56:19 UTC
I think the main reason is bitcoin's price volatility. If they adopt btc they could easily end up having thousands of btcs. That makes a $20 drop a huge loss. For that reason they would have to immediately change their coins for fiat. I don't see a serious reason for them to bother and begin such a process, at least for now with a still under development coin. In the future they will most probably accept cryptos.