[2015-07-30] Fold Will Let You Spend Bitcoin At Target & Whole Foods Soon

[tyz]

Creating a people for the everyday consumer to start spending Bitcoin on a daily basis is not an easy task.  Such efforts will always start out in a very localised market and Fold is one of the few applications managing to use Bitcoin to pay at a major store – Starbucks.

http://coinyoo.com/2015/07/30/fold-will-let-you-spend-bitcoin-at-target-whole-foods-soon/

[fancy_pants]

This is cool.  I've used Gyft often with both Target and Whole Foods but it's a serious pain to merge unspent amounts to new gift cards.  Looks like Fold will merge them for us.

[Kprawn]

This is what is going to make this successfull :

1. Fold users would receive a 20% discount on every purchase for the entire duration of this “trial” period.
2. Most people who buy or receive a gift card never use it for the full amount, whereas Fold users can spend the full amount loaded in Bitcoin.  The unspent funds will be refunded within 24 hours.

When they succeed to capture their target market ---> Walmart, Home Depot and CVS..... things will start to get really crazy!

Thank you for sharing this, I will support this, because I believe in their vision. 

[jdebunt]

glad to see one of my articles getting such a warm reception