Is Amazon About to Accept Dogecoin? The Payment Use Case Explored
A change.org petition requesting Amazon to accept Dogecoin for payment has reached over 140k signatures. The appeal was started four years, but the last two months have seen it pick up the pace, reaching 100k signatures in February. Since then, interest has snowballed further. “It is time for Amazon.com to be one of the first […]
Related News
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....
US company eGifter is to triple its digital currency payment options and start accepting both dogecoin and litecoin, thanks to a new partnership with payments platform GoCoin. eGifter already accepts bitcoin for its gift cards that give customers access to over 100 brands - including big name retailers like Amazon, Gap and Walmart - and the new additions will be welcomed by those with some altcoins to spend. While there is already a large and fast-expanding base of merchants that accept bitcoin, dogecoin and litecoin are far less represented and, in doge's case, used more for....
One of the major points that Overstock CEO Patrick Byrne made when his company began accepting bitcoin payments was that rival retailers would be forced to accept the digital currency in order to remain competitive. Amazon, you could say, is an Overstock rival, but they don't have any interest in getting involved with bitcoin, according to a Re/code report. "Obviously it gets a lot of press and we have considered [accepting bitcoins]," said Tom Taylor, who leads the Amazon payments team, "but we're not hearing from customers that it's right for them and don't have any plans within Amazon....
Tesla will soon accept cryptocurrency Dogecoin as a mode of payment at its supercharging stations located in Santa Monica, tweeted by Elon Musk, chief executive officer (CEO) of Tesla, on Saturday morning, February 19, 2022. After this announcement, prices of Dogecoin started rising upward. Related Readings | Elon Musk Makes McDonald’s An Offer They Can’t […]
Amazon's distribution centers allow it to exist in a Bitcoin world. The disruptive nature of the Bitcoin technology is going to wreak havoc on many different online industries, and one area of disruption that needs to be talked about is online marketplaces. eBay and Amazon, at least in the United States, are the kings of the Internet when it comes to connecting a buyer to a seller. Sellers like these platforms because they can sell their products on a centralized database of goods, while buyers enjoy the fact that the centralized marketplace also acts as an escrow agent. If something goes....