Overstock.com has been making waves online, since they started accepting Bitcoin for purchases back in 2014. Could we see Amazon, next in line to start accepting Bitcoin? There are currently over 5,500 petition signers that think its a good idea.
Bitcoin Offers:
- Low transaction costs
- Decentralized currency
- Low Inflation (Because of the finite supply of Bitcoins (this mostly benefits the consumer))
- Bitcoin is accessible to any person of any age, sex, demographic, etc. (it is extremely advantageous to citizens of crisis countries)
- Non-reversible payments (Extremely beneficial to reputable companies such as Amazon.com)
- Bitcoins are extremely secure (Bitcoins reside in an encrypted format on the wallet they are kept in)
"Overall, it is a complete and necessary courtesy for Amazon.com to accept Bitcoins from their consumers. Help us. " - https://www.change.org/p/amazon-com-amazon-com-accept-bitcoin
In my opinion, I think the companies that do not adopt Blockchain technology, will have a economic disadvantage going into the future.
If you think Amazon should start accepting Bitcoin, sign the petition over at change.org.
Sources: https://www.change.org/p/amazon-com-amazon-com-accept-bitcoin