Bitcoin Credits?

[nym]

I am wondering what is stopping someone from selling scratch off cards like Facebook Credits, which act as gift certificate to convert to bitcoins?

For $309USD, you could print 500 scratch off cards, which could have a coupon under it from http://paperco.in/

I'm not going to do this myself, but as I see it, you would do something like:

STEP 1: Get paperco.in coupons
STEP 2: Get them printed on scratch off tickets ($309 for 500)
STEP 3: Sell to local corner stores (you can offer to buy back after a month if they don't move)

What do you think? You could even sell paperco.in coupons in a sealed envelope, but I think the scratch off tix would be appealing

[Akka]

Seems like a nice Idea, you also have to print the public address on the front, so one can check if there are really BTC in it.


Also checkout: https://bitcointalk.org/index.php?topic=98971.0

[nym]

Seems like a nice Idea, you also have to print the public address on the front, so one can check if there are really BTC in it.


Also checkout: https://bitcointalk.org/index.php?topic=98971.0

Great idea... I was expecting someone to tell me why it's a terrible idea.

[nym]

You don't have to have any sensitive info under the scratch off under it is just a code for redeeming the coins.

https://i.imgur.com/dZQqD.jpg

As long as there is a central authority who validates the codes, you don't need the codes to be legit until time of purchase (store owner scans card to relay back that it's paid for).

Thank you for the criticism though.... I want to find any holes in this idea if possible.