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Why Amazon is right to steer clear of Bitcoin

16
Apr
2014

Amazon has quashed the idea that it would be accepting Bitcoin as a method of payment. We have considered it, said Tom Taylor, Amazons head of seller services in an interview with Re/code, but were not hearing from customers that its right for them, and dont have any plans within Amazon to engage Bitcoin. That stance might sound strange, given the companys history of staying ahead of its retail rivals, but there are a number of reasons why it makes sense.

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