Post
Topic
Board Bitcoin Discussion
Re: Amazon Bitcoin Poll
by
c_atlas
on 28/07/2021, 12:28:32 UTC
I do not support it because I often shop online. For Amazon using Bitcoin to pay, I think the most unacceptable point is the refund, because Bitcoin is quite unstable and the price fluctuates greatly. You can buy something for $500 in one day, but you are not satisfied with it and return it for $400 (or higher) the next day because the value of Bitcoin has changed. This has brought difficulties to enterprises. This also brings a bad experience to our users.
Regardless of what you pay, you would get refunded for the price of the item.

The rumors on Amazon planning to accept Bitcoin are debunked. There are different kinds of riches, and they have different attitudes toward cryptos. Musk has been sending mixing signals but at least showing some interest for years. Jeff Bezos, on the other hand, never seemed to care, and apart from the recent craze and a couple of earlier rumor-based articles, there seems to be nothing available about Bezos and Bitcoin. So I don't think this is happening. Not yet, anyway.
I seriously doubt Bezos is indifferent towards bitcoin. His company is global, so it's very likely that he has personally dealt with the challenges of a highly disjoint legacy financial system.
Bezos understands the value of information networks, and has shown that he's capable of getting on top of core infrastructure shifts. See the electricity metaphor.