Post
Topic
Board Bitcoin Discussion
Re: Will ecommerce websites start accepting Bitcoin as payment soon?
by
Gladitorcomeback
on 17/06/2024, 16:49:29 UTC
A lot of people currently hold either BTC or USDT, do you guys think popular ecommerce websites will start accepting BTC as payment methods alongside PayPal and the rest?

A lot of websites, services, and stores online are accepting Bitcoin for payment, even Microsoft has started accepting Bitcoin as payment for digital purchases on their store and Xbox store and it is one of the biggest companies of the world. So I'm pretty sure that major eCommerce platforms such as Amazon will start accepting it as well in the future.

The biggest reason that I can think of about why they are not using it right now is the regulatory complications and maybe the excessive taxation from the governments for Bitcoin in developed countries such as the USA where most of these companies operate, and they wouldn't want to pay a lot of their revenue in taxes only for accepting Bitcoin.