Post
Topic
Board Project Development
Merits 1 from 1 user
Re: Digital Bitcoin Giftcards
by
dgoon
on 25/10/2022, 18:50:46 UTC
⭐ Merited by dkbit98 (1)
Thanks for checking out the site @dkbit98. Its just a mockup that I spun up to gauges interest.

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I am against asking people to complete any verification to receive bitcoin, but downloading a wallet takes only a few minutes and it's not that hard to accept coins after doing that.
What kind of outcomes are you seeing when you gift bitcoin this way? When I suggest doing it this way , people don't have the motivation to for small amounts of btc. When they do get over installing the wallet, I have to walk them through what it is, and where they can spend it. Do you have a more streamlined way of going about this process of gifting?


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ddos attacks and your website goes down, or get hacked are replaced with some malicious version?
Who is holding the keys for bitcoin and information for gift cards??
The code would all be local browser based that reaches out to public api's for chain data. I could piggyback of large website host like GitHub, so I don't think DDOS would be and issue. Since its all local browser based, the creator and gift receiver would control the keys. As far has hacking goes, the small amounts involved in gifting would be the same risk profile as spending btc with online websites so I don't think that is a major concern my customers will have when sending small amounts to friends and family. 

 
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I am not sure how this would be profitable for you, and would you charge some percentage fees or not

I plan to make some percentage of the giftcards, swap services built in for the gift receiver. Its digital only so the cost to run is low.

Thanks again for taking the time to check everything out! Cool