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?
I think many factors are why companies are still not able to accept bitcoin as one of their payment alternatives. maybe some of it includes legality, regulation, and the most difficult to maintain is the enormous fluctuation. companies like steam once accepted bitcoin as one of their payment alternatives. however, because at that time the price of bitcoin fell, it seems that they again removed bitcoin as one of their trading tools. Well, that's just speculation, but it seems that too many companies can't withstand the huge fluctuations.