“Recall that a big problem for Bitcoin is that it’s great in theory but, in practice, it’s not good for much besides speculating. One way this could change is by incentive programs like the one offered by online gift card service Gyft. The site, which offers users an online way to combine retail gift cards from places like the Gap and Target, is offering a 3% discount whenever someone uses its service to make a purchase with Bitcoin. The Gyft program is significant because it gives consumers a reason to use Bitcoin instead of a credit card. CEO Vinny Lingham said Gyft users are spending over six figures worth of Bitcoin every week on everything from big retailers to Whoppers at Burger King.”
Related posts:
Egypt’s army ‘ready to die’ to protect against ‘any terrorist, radical or fool’
French President Macron's vision of post-Brexit Europe: armies, police and taxes
Pilotless Planes, Pacific Tensions
Canada Tried Registering Long Guns -- And Gave Up
EU chief: Brits fighting alongside Syrian rebels pose ‘serious threat’ upon return
NYC welfare food is shipped in barrels to the Dominican Republic - then sold on the black market
Feds seize $27K from couple, give $500 back for "humanitarian purposes"
Two-thirds of French people agree with labour minister's statement that country is 'totally bankrupt...
If Congress says no, can Obama strike Syria?
Obama 'deeply concerned,' warns Russia against Ukraine intervention
White House vows to aggressively combat trade secrets theft in new cybersecurity strategy document
Why We Can't Have Nice Things: Uber And Lyft Drivers Being Arrested
Sarasota HuB business incubator to accept bitcoin virtual currency
'You were rude to the President' Medea Benjamin: 'Killing innocent people with drones is rude'
Fake police gang nabbed in western Switzerland