Post
Topic
Board Bitcoin Discussion
Re: BTC as means of payment is a looking more possible than before?
by
madnessteat
on 25/07/2025, 18:09:28 UTC
~snip~

I didn't know that some countries impose spending limits on people's bank accounts. This is weird.
Spending lots of BTC on expensive purchases doesn't make sense to me. You can spend altcoins or stablecoins on buying stuff(if the seller accepts altcoins and stablecoins as payment). Maybe you could gather more cash and spend cash on offline purchases.
The BTC price is going to increase even more, spending BTC seems like a bad move right now.
I don't believe that Amazon is ever going to accept BTC/crypto as a payment method. They are doing just fine with fiat payments.


I also believe that the use of BTC and stablecoins on Amazon will not be implemented in the near future. In my opinion, the Guiding and Establishing National Innovation for U.S. Stablecoins Act is aimed at fully regulating the stablecoin sector and supporting the US dollar, as stablecoins must be backed by dollars or treasury securities. I don't think the US government will seek to expand the acceptance of stablecoins or Bitcoin as a means of payment within its territory. They want to bring the stablecoin sector out of the gray area by fully regulating it. I don't think ordinary crypto enthusiasts will derive any tangible benefit from this.