Post
Topic
Board Bitcoin Discussion
Re: Incentives for People to get into Bitcoins and Get Bitcoins
by
Jalum
on 22/11/2011, 20:03:28 UTC
Hello all,

Been lurking for a few months now and was thinking of opening up a bitcoin service/business whatever you call them these days.

Just bating around some ideas but have on approach I would like to run by you to get thoughts and opinions.

First, I start with the premise that I think we all do ourselves a dis-service  by leaving behind the cash world.  My goal is to keep the flow of bitcoins and cash going for both. The real goal would be to convert current cash only merchants to include some sort of bitcoin reward, redeem, points system.

So on that note these are some ideas I propose:

1.) Cash Merchants who still sell in the cash world  to people but give some sort of rewards back in bitcoins to go spend at a bitcoin sponsored merchants -  sort of a trialpay.com kind of take. ( read point 3 for the  trialpay.com idea)

2.) Bitcoin Merchants who still offer products for cash but give a little reward in bitcoins for cash purchases ( I know, I know we all want to live in a bitcoin world!)

3.) As mentioned above a trialpay.com sort of approach.  Where you buy one product to receive another product you might like.

I know there is something out there that I'm missing but wanted to get this off my chest and out there to the community.  I'm eager and ready to do something as I've been sitting on the domain  spend4bitcoins.com

Thought & ideas? 

Thanks for reading!

This is not a good idea.  If you want merchants to "give away" bitcoins with every purchase, they will have to raise the price of their products to compensate for those bitcoins.  Then they need to train their employees to teach the customers what bitcoins are, how to redeem them, etc.  And in no way does it benefit the business.

How do you spend any amount of time on this idea and not realize the obvious pitfall?