Amazon Exec Says Company Decided Against Accepting Bitcoin

Amazon Exec Says Company Decided Against Accepting Bitcoin

Amazon is not interested in embracing bitcoin, but it is looking into new digital payment services, possibly a service developed in-house, a new report suggests. The company's payments head Tom Taylor told Re/code that Amazon did indeed consider bitcoin, but eventually decided that there was not enough interest in the technology for Amazon to benefit from adopting it. Said Taylor: "Obviously, it gets a lot of press and we have considered it, but we're not hearing from customers that it's right for them, and don't have any plans within Amazon to engage bitcoin." Amazon's revenue in 2013 was....


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Amazon Developing "On My Way" App to Cut Down On Shipping Costs

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Bitcointalk User Claims Amazon to Accept Bitcoin Payments

The original email from Amazon is a fake. I recently stumbled on this thread on Bitcointalk, about a user who claims they received an email from Amazon saying that the online retailer is currently in talks of creating their own Bitcoin payment processor. As stated on the thread, the Amazon Customer Service Representative had this to say about the prospect of Bitcoin payments on Amazon: We don't accept bitcoins as a payment method on our website at this time. However, I am pleased to inform you that we are in the process of creating our own Bitcoin payment processor and will be able to....

Quotes

Yes, [we will not find a solution to political problems in cryptography,] but we can win a major battle in the arms race and gain a new territory of freedom for several years. Governments are good at cutting off the heads of a centrally controlled network like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own.

Satoshi Nakamoto, Bitcoin Developer