Do you Think Amazon Will Finally Fold to Demands and Accept Bitcoin?

According to reports, 5381 petitioners have already signed the campaign. The demand doesn’t stop here as some also believe that the e-commerce major should extend support for Litecoin as well. The Change.org petition shows that people are becoming more comfortable spending cryptocurrencies to purchase goods and services. Making a case in favor of Bitcoin, the petitioners state the following reasons for why Amazon should introduce Bitcoin payments;

Low transaction costs, decentralized currency, low inflation due to finite supply, easy accessibility, non-reversible payments, and of course, the security offered by the cryptocurrency.

Even though Amazon doesn’t accept Bitcoin at the moment, shoppers can still use the cryptocurrency by purchasing gift cards and redeeming it on the platform. Presently few leading global platforms like Rakuten accepts Bitcoin payments. Some of the other well-known players accepting Bitcoin payments include Microsoft, Dell, Overstock and more. It is not sure whether Amazon will change its mind and start supporting cryptocurrency payments, but it will be great if the e-commerce giant complies to the wishes of the community.