I know that Bitcoin has become more known and trusted by many people but I still see many popular websites don't accept bitcoin like amazon. I'm only seeing bitcoin is mostly used for illicit activites or as an investment. Why Bitcoin isn't adopted yet in most legimate websites?
1. Many companies still doesn't want to accept Bitcoin because of its volatility.
2. Many people who are holding Bitcoin see it as an asset more than a currency thus, there is a chance that they will not use it to buy items and instead of spending their Bitcoins they will just spend their fiat money to buy something either offline or online.
3. Regulation maybe.
There are some more reasons to it but it seems that most of the companies don't want to accept Bitcoin. Unfortunately, I didn't use my Bitcoins to buy or pay but instead I'm converting it to digital fiat currency and that is what I'm using to pay. I might try to find some merchants that are accepting Bitcoin and buy from them or I will ask merchants online if the are accepting Bitcoin.