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RE: Rumors are circulating that Amazon may begin accepting Bitcoin as a payment method this October. It appears the rumors stems from a recent report on squawker.org.
I just don't think that very many people will want to part with their bitcoin .. I don't think I will be spending mine on Amazon .. no time soon anyway :) Whats your thought?
"I just don't think that very many people will want to part with their bitcoin.." That's not the point. Whether people want to part with their Bitcoin isn't the message. The message is they can..!! This is a massive thing for Cryptocurrency if true and if it is, is probably the biggest single news since #Bitcoin was created back in 2009. We have waited 8 years for this news and should it be true it will change the dynamics of Cryptocurrencies over night. This year #Bitcoin, next year #Steem. Imagine what would happen if you could buy stuff off Amazon with #Steem and this advertised on AMAZON. Strap in..!! Stephen
I love you stephenkendal - I am strapped in for the ride and excited to be on it. Ramsey, I am so excited to see you here!!!!!! Welcome Friend!!!! SUNSHINE247
...and I love you too..!! :) :) Glad you're strapped in @sunshine247 :) :). Stephen
Some would rather be able to shop exclusively with bitcoin and have their own "bank". I definitely see a possibility where crypto enthusiasts and anarchists see less obligation to have fiat on hand (You can buy literally anything in less than half a day on Amazon!)
I definately agree with that .. I guess I personally am just not ready to part with my bitcoin .. I am sure I will get there real soon though :)
I suspect that's because you are happy with the current central bank managed system of fiat currencies and have bitcoin either as a store of value or speculative investment. You don't have bitcoin in order to free yourself from current money control... have I assumed correctly?
Actually total opposite - I don't trust the banking system at all!!!!! I think for me right now it is a mindset that I am totally working to get over this stuck mindset .. the speculative investment is where I am as far as mindset but again, I am working thru this barrier - I do hope that bitcoin one day frees us all from the current money control .. I need to buy some more bitcoin though .. a little at a time is better than none at all :) I appreciate you and thank you so much for replying .. its people like you that are going to help make the difference. SUNSHINE247