RE: Amazon.com accepting Bitcoin ( well not exactly)
I would not count on Amazon accepting Bitcoin anytime soon. The logistics are too great for a major retailer to handle.
Amazon already caved when it came to collecting state taxes. How is that going to work when the IRS comes knocking at their door? Are they going to charge a 25% Federal Tax surcharge? Are they going to issue 1099s on all purchases so you can pay capital gains on your BTC?
Mark my words. Uncle Sammy is going to come calling for his cut!
Also, what major retailer is going to accept a medium of payment that has the potential for wild price swings. Say I pay 2 BTC for an item at the current price of $4,200 per BTC. Later that afternoon Jamie Dimon says Bitcoin is dead and the price drops to $3,600. I do not know of any accounting system that's going to be able to rectify that!!!
I'm not trying to be a "hater" of spread "fud", but these are questions that need to be answered.
this is why we need to do our part if we want to see Bitcoin adopted
there bitpay which auto convert bitcoin to fiat