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That's not really happening. All of the major egifting (bitcoin accepting or just selling gift cards e or otherwise) startups with traction are located in the U
by jaegerpicker 13y ago
That's not really happening. All of the major egifting (bitcoin accepting or just selling gift cards e or otherwise) startups with traction are located in the US. CashStar, gyft, gift tango, and transaction wireless all US based.
- eric_bullington 13y agoI was referring to companies classified as "money transmitters". Being classified as a seller of prepaid access, like gift cards, was actually the best outcome I could have hoped for. And I personally think gyft is skirting the line and may well find itself in some hot water. I love them as a company, though.
- eric_bullington 13y agoI looked deeper into gyft's business model and I was wrong, so I retract the statement above. I don't think they're engaging in money transmission. Apologies to gyft, they're a great company.