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RE: Unverified Rumor Circulating That Amazon May Accept Bitcoin By October

in #bitcoin7 years ago (edited)

Amazon is no idiot though, why they would invest on something that is slow in confirmation time, 5-6% of blocks using segwit (if youve been living in the cave, this is to solve bitcoin ridiculous 7 transaction per second with 1mb limit block) , freaking high transaction fee. It's impossible amazon is going to use that. Altcoins are more a no brainer choice. Amazon could sell over 400 items per second during peak sale, do you think 7 transaction per second would make any sense?

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You do have a point there. But then lets wait and see...