Starting a Website for Offline Bitcoin Coupons [OPINIONS Welcome]

[SatyamS]

BTCHello Everyone ,
I am just in process to start a website on Offline Bitcoin Coupons.
Users will be able to generate Bitcoin Coupons by funding their Account with BTC / INR by paying A MINOR FEES.
along with Referral commission on each new member introduced ..
I want everyone's opinion on that. !!

Regards

[niisarearning]

I dint really understand what you mean by offline wallet is that physical coupon or it will be like online voucher . second question how i can get voucher is there any KYC process for Wallet for funding using bitcoin.

[SatyamS]

Basically A wallet service  . In which you fund your wallet by sending BTC and later on you can create coupons for selling offline.

Like you have 1 BTC in your wallet . You created a 0.5 BTC coupon . So 0.5 BTC will be escrowed from your wallet and a coupon (a special code ) will be generated which you can sell to anyone . The realtime price will be checked by opening a link or just sending a text message .

suppose you are selling this coupon to someone . You just send a txt message| Price 0.5 to 552525 | it'll reply 81000.00 | so, the buyer will pay the amount ..

If you are funding your wallet with only Bitcoin | No KYC
If you are funding with INR | Mobile and email verification needed |

[iram3130]

And why do we need such a service.? We can sell or send the same amount in bitcoins from my account to his.? Are you thinking about a service like bitmixer for anonymous transaction?

[Forbiddenone]

And why do we need such a service.? We can sell or send the same amount in bitcoins from my account to his.? Are you thinking about a service like bitmixer for anonymous transaction?

maybe he is thinking exact thing ,but there are plenty of bitcoin mixer out there.i think op if you are devoting your time ,try to create something new as there are already mixer and people also use wallet different address to manipulate transaction record so try to create something unique.

[SatyamS]

The popularity and usage of Bitcoin in India is pretty low because of the complexity in buying it.
Non Tech people are having a pretty -ve idea of Bitcoin in their minds because of Ponzi and investment. I want them to take bitcoin as an alternative to normal transactions .  BTC
These coupons will be hanged in a normal mobile store or any local shop. All they have to do is just pay and take the bitcoin . Every instruction on redeeming will be at the back of it. Same as buying from LocalBitcoins in Cash.

The idea is to introduce normal people to Bitcoin with ease.

No i am not thinking about a bitmixer. This is for the popularity and usage of Bitcoin to everybodyBTC.

[reliable]

Not sure if this will be an idea changing in this field. As currently bitcoin is not being used for this type of product purchase or anything . Even there are hardly any one who accepts btc as a payment mode. Still give it a try who know if it works.