Post
Topic
Board Bitcoin Discussion
Re: What are the difficulties with Amazon accepting Bitcoin payments?
by
hatshepsut93
on 26/07/2021, 15:13:18 UTC
The impact of this news on the market has the following points

This isn't news, it's an unverified and unreliable rumor.

So what difficulties will Amazon suffer from accepting Bitcoin?
1.btc must solve small retail transactions,it must also be a large number of small transactions.I don’t know which solution to use,Maybe the time node of accepting btc payment at the end of the year is to wait for Taproot to complete,maybe even plan to use the P2P trading model of centralized exchanges.


Taproot is not a scaling solution, the scaling solution is Lightning Network. Until it's considered officially released and ready to be used in production, adopting Bitcoin for small payments will fail, just like when Steam dropped Bitcoin support over problems with fees and transaction times, that caused inconvenience to their customers.