Quote from: Celroc Amaul on December 19, 2015, 06:46:23 AM

Hi all!

So, I was considering at one point selling various gift cards on the forum for bitcoins. One thing that I'd like (or, virtually need) is to use escrow, but it dawns on me, how would I go about proving to escrow that I indeed sent the item to the buyer? I suppose I could send a copy of said gift card to the escrower, too, but doesn't that have an inherent security risk? (i.e, someone else other than the buyer now has access to the gift card....).

Thanks!

Celroc A

This is the problem with selling Gift Cards, especially Amazon gift cards because afaik there is no way of checking the card that whether it is claimed or not other than try to load it up in your account, if it does, its ok, if it isn't then nothing can be done about it. And even if you send it first to escrow, they cannot guarantee that it is claimed or not, because to do that they'd first have to load them up in their account, but they will not be able to issue another gift card from gift card balance.

And this is why it is a risk to both buyer and seller, a buyer can claim the gift card and say that it was empty and the seller can also sell bad gift card and escrow cannot provide cover for this. Which is why I think Bitify (formerly Cryptothrift) has now stopped sale of any gift cards on their website because they cannot resolve if a dispute arises.