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QUESTIONS FOR POTENTIAL CUSTOMERS:
- Are you interested in buying fuel cards with Bitcoin?
- What brands would you like to see?
- What denominations?
- How much of a markup do you feel is reasonable? (Keep in mind most fuel companies charge several dollars per card in fees and shipping, I must cover this, shipping to you, and make a profit, with my markup.)
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Gas cards should be (or maybe they are) treated like credit and debit cards; they can't be used right out of the envelope, you have to call an automated activation service and put in the last 4 of your TIN, billing phone number, etc. Then as long as the thief doesn't know that, it wouldn't matter if card is stolen.
well when i say gas cards i mean a gift card but for a gas station- i am just trying to be able to buy a gift card for places that sell gas which are very common. just like a restaurant or clothing store gift card How do you like the idea of buying a re-loadable card for a small one time fee and being able to add money at any time (there would be a delay before the funds are added, but usually within 12-24 hours) by sending money to a Bitcoin address? There would be a one time fee of about $7.50 or so per card (including shipping) and after that a small (3% or so) fee to reload the card. About $3 of the fee would be direct expenses (the card companies charge fees and there is shipping to me and then to you.). So $4.50 - $5 would be profit and then the 3% fee would be partially profit and partially expenses such as running the website. Only some brands (namely Shell) offer re-loadable cards though. Here's the list of stations I plan to offer based on how common the stations are nationwide.: Priorities (Shell and Exxon are common in all 50 states): Shell Exxon Mobile If they seem to be selling I'll add these: Chevron Bp And these and some others would be added if there is enough demand. Sunoco Phillips 66 way to go- i will try and help get the word out - as well as be a customer- just a thought - may even help simplify- what if i get my own card for sunoco and you load it for me. i was not aware of reloadable- also i would be happy with cards that already bought with a set amount (25,50,100) that are just shipped to me- almost like you just buy them and sell them for btc - i am just throwing some stuff out there Sounds great. I am working on a website right now. I will probably buy a bulk order of refillable shell cards to start to help lower shipping costs. Sunoco doesn't have refillable cards, but I would still be happy to sell them. The only thing is that I don't want to order a bunch in advance since I don't have Sunoco stations where I live. |
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Gas cards should be (or maybe they are) treated like credit and debit cards; they can't be used right out of the envelope, you have to call an automated activation service and put in the last 4 of your TIN, billing phone number, etc. Then as long as the thief doesn't know that, it wouldn't matter if card is stolen.
well when i say gas cards i mean a gift card but for a gas station- i am just trying to be able to buy a gift card for places that sell gas which are very common. just like a restaurant or clothing store gift card How do you like the idea of buying a re-loadable card for a small one time fee and being able to add money at any time (there would be a delay before the funds are added, but usually within 12-24 hours) by sending money to a Bitcoin address? There would be a one time fee of about $7.50 or so per card (including shipping) and after that a small (3% or so) fee to reload the card. About $3 of the fee would be direct expenses (the card companies charge fees and there is shipping to me and then to you.). So $4.50 - $5 would be profit and then the 3% fee would be partially profit and partially expenses such as running the website. Only some brands (namely Shell) offer re-loadable cards though. Here's the list of stations I plan to offer based on how common the stations are nationwide.: Priorities (Shell and Exxon are common in all 50 states): Shell Exxon Mobile If they seem to be selling I'll add these: Chevron Bp And these and some others would be added if there is enough demand. Sunoco Phillips 66 |
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How much would you be offering said domain for, might be slightly interested in this concept/site.
Would you be interested in partnering? You arent living in the USA right? whats your businessplan with it (what makes the profit) I am also a bit interested I dont wanna sound like I am only out on money but I like the idea aswell Well, thats the thing, Im not soo sure. Off hand, if paper wallets were sold with holiday messages or birthday messages; you would just tack on an extra $5 bucks or so. So hosting in America wouldnt be possible because of the money transfer deal. Or if someone wanted to teach their friends by just giving the a "share bitcoins" paper wallet...something along those lines I think you could probably get around being a money transmitter depending on how you market the service. I could be wrong though. |
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I might be interested in doing this. What kind of gas cards would you want to have available?
finally, i want sunoco the most but bp, marathon, speedway, schell, mobil/711, texaco i put them in order of most desired. let me know i will try to drum up some business the best selling point would be for people that convert coin into cash could now keep there cash and trade coin for gas!! I definitely like the idea, but here's a few questions to consider: - What kind of markup would I be able to charge and still make it a good deal for customers? - What about shipping costs? An uninsured envelope wouldn't cost much, but there is a risk of not receiving your order... - Should I offer insurance? This could be an optional add on to orders. - Would you like to have the option of refillable cards? That way you could send more Bitcoin and I'd just refill the cards with a small fee. - What sizes do you see yourself purchasing most often? |
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I might be interested in doing this. What kind of gas cards would you want to have available?
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Every single government does engage in human rights violations, and then immunizes itself via the law and/or kangaroo courts, in bad faith. Every "democracy" on earth refuses to conduct E2EE verifiable elections, which ensures the worst possible evil (that counts the votes, pays the judges and enforcers) cannot be defeated.
Stop rejecting reality and substituting your own utopia.
Engaging in "verifiable" elections would likely result in many people not being able to vote as the process would be much too complicated. You need to remember that everyone has the right to vote not just the people who are educated or who are smart enough how to figure out the process. I don't disagree, but at the same time, if you are too lazy to put in a little effort to figure out the voting process (assuming it's not unreasonably hard), then you probably aren't willing to put in the work to make informed decisions. It's amazing that people will complain about the most minor inconveniences for voting and then put someone who makes a mistake in complying with their outrageously complicated tax obligations in jail. I have figured out the voting process: 1 you vote 2 nothing happens. Nothing happens? In 2008 voters managed to trample quite a few of my rights... I'd say it's an impressive accomplishment personally. |
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Every single government does engage in human rights violations, and then immunizes itself via the law and/or kangaroo courts, in bad faith. Every "democracy" on earth refuses to conduct E2EE verifiable elections, which ensures the worst possible evil (that counts the votes, pays the judges and enforcers) cannot be defeated.
Stop rejecting reality and substituting your own utopia.
Engaging in "verifiable" elections would likely result in many people not being able to vote as the process would be much too complicated. You need to remember that everyone has the right to vote not just the people who are educated or who are smart enough how to figure out the process. I don't disagree, but at the same time, if you are too lazy to put in a little effort to figure out the voting process (assuming it's not unreasonably hard), then you probably aren't willing to put in the work to make informed decisions. It's amazing that people will complain about the most minor inconveniences for voting and then put someone who makes a mistake in complying with their outrageously complicated tax obligations in jail. |
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why is it ok for a group of people calling themselves the government to force everyone to buy their services?
if enough armed people refused to pay and told the government to go fuck itself there is nothing they could do.
The problem is that people who care about rights and understand how things work are usually too busy leading productive lives and being good citizens. The people who have time to do what you suggest enjoy using government force to make up for their laziness and lack of ambition. |
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Elwar, it has nothing to do with people not spending, but everything to do with people spending less. Deflation really does reduce spending because people see their money as an investment. I spend more dollars and less bitcoin today because I know my dollars are falling in value while I anticipate my bitcoin will rise over time.
Payment processors like Bitpay have already proven this not to be the case as they have shown spikes in purchasing precisely when deflationary bubbles occur. The reason for this is because Keynesian economists have it wrong and people are more relaxed to spend when they feel richer and thus take profits. Deflation simply means that the costs of goods and services get less expensive with time which is a good thing for the average consumer but detrimental to predatory states who want the backdoor tax of inflation. "Deflationary Spiral" is double speak and should be called "Currency that pays dividends" or "Appreciated Value Currency" While that may be true (and I do think Keynsians tend to exaggerate the harm of a currency that is anything but inflationary so they can continue manipulating the currency for political reasons), the Bitpay example doesn't quite tell the full story. I suspect that there is a difference between a sudden price spike and slow, consistent increases in currency value over the long term. I think part of the problem is that people's wages fall faster that their own ideas of currency value, sort of like what happens with inflation only in reverse. Because of this, they might tend to feel poorer despite the increase in real wealth. Once this happens, the economy actually does slow down because of reduced consumer confidence. |
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Best offers please
If you have a credit or debit card you can use circle.com to buy Bitcoin instantly. |
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Value would increase? With a sudden cap on "incoming" currency, I think the economic value would substantially increase.
Since difficulty would adjust the amount of new currency would be the same. The network would be less secure and therefore the price would likely fall. |
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Actually, as of today I have more Bitcoin than ever before. I don't plan on selling any time soon either.
Watch out. Willem Buiter just told us Bitcoin has no intrinsic value  Intrinsic value is not as important as people think it is. Gold is often used as an example of a medium of exchange with intrinsic value, but most of it's value is a result of perceived value. Much of this perceived value is a result of the same quality that Bitcoin possesses: It is a good store of value. |
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Actually, as of today I have more Bitcoin than ever before. I don't plan on selling any time soon either.
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get a job  Ok, that is a option D D) Keep the bitcoin, some day that 3 btc will be $3000 again, and get a job to pay that $1340 I recommend this option. I really think now is a very bad time to sell. We've just had a huge crash and are starting to recover, so if you sell now, you'll lose out on the rally. I think you should wait several months at least and see what happens. That's what I'm doing at least. |
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This is an INCREDIBLE service. I believe you've just showed us the future. Customers will someday be able to pay using any method they want and merchants will painlessly receive the currency of their choice.
I've already used the service to buy about 100k DOGE with Bitcoin and I've installed the plugin. Very nice work.
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It will get easier to use as time goes on and wallets and exchanges become more user friendly. Just look at Circle. I also see it being used as a back-end of sorts for other financial products.
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I think we just need awhile for people to be confident that prices aren't going much lower and time soon and we'll start to see a gradual recovery. In fact, you could argue that's already happening, it's just not very strong yet.
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