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Gift cards are anonymous bridges between the fiat and crypto world. Anyone can buy a $1000 Amazon gift card or 1000+ other gift cards instantly with no KYC. Cu
by ashwagary 5y ago
Gift cards are anonymous bridges between the fiat and crypto world. Anyone can buy a $1000 Amazon gift card or 1000+ other gift cards instantly with no KYC.
Currently, buying gift cards using the lightning network is faster than buying gift cards directly from merchants and there is no way Amazon or any other merchant can win the speed race using the traditional financial network.
- Daishiman 5y agoWhat reality are you living in? Gift card purchases are _extremely_ scrutinized for fraud and everyone and their mother is skeptical of large purchases for gift cards precisely because they're an extremely common vehicle for fraud.
- ashwagary 5y agoThere is a massive BTC to gift card market and I've heard zero problems from the regular users of such services. What additional scrutiny have you heard of relating to $100-$1000 gift cards that are purchased legally and traded p2p? From my understanding p2p exchange is the whole purpose of gift cards, so this activity is indistinguishable from other mainstream uses. https://www.bitrefill.com/buy/usa/ https://www.bitrefill.com/buy/usa/