Post
Topic
Board Bitcoin Discussion
Re: What is the reason Amazon hasn't adopted Bitcoin?
by
stompix
on 18/06/2019, 08:33:16 UTC
All their products are built on developing and enhanced technology.

Nope, Amazon makes a lot of things which have nothing in common with enhanced technology like bed sheets and baby diapers.

Let's see this way, Bitcoin praised the Amazon package very well.
.....
Part of the Amazon revolution is the shrinking of the earth,

Whatever you say ... Grin

As is well known, Amazon only supports payments through FIAT currencies and traditional banks, this can slow down the payment process and means that merchants are charged. But using Bitcoin will erase, both of these problems.

Nope, visa transactions are nearly instant, and with Bitcoin the consumers are going to get charged as they will have to pay the tx fee.
Secondary, a lot of people forget that if you pay a merchant via BTC the merchant has to collect the coins from the address you sent, and that is another fee.

but this seems to be an Amazon case that is too big to adopt a product that can eventually fail.

You've never heard of FirePhone, right?

If a company the size of Amazon continues to adopt Bitcoin, it will cause a massive surge in asset popularity, which can ultimately put Amazon or Bitcoin at risk.

Why?