Re:Stripe: Bitcoin
by joncalhoun on Thursday February 19, 2015 @04:46PM
(#9077320)
Would you do it for a percentage greater than your CC rewards if you trusted the seller?
For example, Amazon has never screwed me on a single purchase. If I have an issue they fix it, which is a large part of why I often pay 5-10% more for products on Amazon.com instead of XYZ.com. Would you use BTC for a 2% discount with sellers like this?
Unless you're buying large amounts you're probably going to pay 2+% just to get the bitcoins.
Purse.io provides 25% discounts to shop on Amazon with bitcoin. Pretty incredible - discount comes from liquidating Amazon gift cards ($15b in circulation).
It mostly comes from people buying Amazon gift cards with stolen credit cards.
I wouldn't get anywhere near that site.
Re:Stripe: Bitcoin
by davidgerard on Friday February 20, 2015 @07:26PM
(#9084029)
Yes, it turns out that blatant fraud saves money. The site is a stolen credit card launderer.
I'd rather have the ability to do chargebacks if something goes wrong.