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keithers
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Activity: 1456
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This is the land of wolves now & you're not a wolf
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August 13, 2014, 10:11:59 PM |
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 It's as simple as buying a $10 cvs giftcard through Gyft.com
and letting the person at the counter scan your phone. Be sure to tell them it's a cvs giftcard NOT a coupon 
You can print out the giftcard or it shows up instantly in the iphone app.That's a pretty good idea. Would be cool if you could just buy Amex gift Cards or Visa Gift cards, since they would be basically as good as cash. I think I read somewhere on this forum of a person selling cartons of ciggies for BTC |
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darkphantom934
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August 13, 2014, 10:23:47 PM |
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Gyft is really helping Bitcoin get the push it needs to appeal to mainstream stores such as CVS. Maybe this'll inspire more BTC acceptance among the general population  . |
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LouReed
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August 13, 2014, 10:59:37 PM |
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Gyft is really helping Bitcoin get the push it needs to appeal to mainstream stores such as CVS. Maybe this'll inspire more BTC acceptance among the general population . Except that CVS has no clue that you bought that gift card with Bitcoin. |
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Fray
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August 13, 2014, 11:02:50 PM |
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I don't think that buying gift cards via gyft with bitcoin is technically using bitcoin to shop at a store. Personally I think you should have to pay the store (or their bitcoin payment processor) directly in bitcoin for it to be a true bitcoin sale.
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cryptworld
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August 14, 2014, 12:14:20 AM |
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gyft.com is a great initiative
let's see if is extended worldwide
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ForgottenPassword
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August 14, 2014, 04:53:05 AM |
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I don't think that buying gift cards via gyft with bitcoin is technically using bitcoin to shop at a store. Personally I think you should have to pay the store (or their bitcoin payment processor) directly in bitcoin for it to be a true bitcoin sale.
You could say that Gyft is their "bitcoin payment processor". I honestly think that buying from any merchant that ultimately receives fiat isn't buying via bitcoin. That includes "bitcoin payment processors" such as bitpay/coinbase - which we don't need because ANYONE can accept BTC directly. We should be pushing more merchants to accept BTC directly IMO. |
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Razick
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Activity: 1330
Merit: 1003
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August 14, 2014, 04:55:07 AM |
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It's as simple as buying a $10 cvs giftcard through Gyft.com
and letting the person at the counter scan your phone.Be sure to tell them it's a cvs giftcard NOT a coupon
You can print out the giftcard or it shows up instantly in the iphone app. That's a pretty good idea. Would be cool if you could just buy Amex gift Cards or Visa Gift cards, since they would be basically as good as cash. I think I read somewhere on this forum of a person selling cartons of ciggies for BTC Amex Serve cards are free for a limited time at CVS. It might be a good idea to load up a few and sell them. If you happen to live in VT or TX there's no monthly fee either. |
ACCOUNT RECOVERED 4/27/2020. Account was previously hacked sometime in 2017. Posts between 12/31/2016 and 4/27/2020 are NOT LEGITIMATE.
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nioc
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Activity: 1624
Merit: 1008
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August 14, 2014, 05:30:37 AM |
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It's as simple as buying a $10 cvs giftcard through Gyft.com
and letting the person at the counter scan your phone.Be sure to tell them it's a cvs giftcard NOT a coupon
You can print out the giftcard or it shows up instantly in the iphone app. That's a pretty good idea. Would be cool if you could just buy Amex gift Cards or Visa Gift cards, since they would be basically as good as cash. I think I read somewhere on this forum of a person selling cartons of ciggies for BTC Amex Serve cards are free for a limited time at CVS. It might be a good idea to load up a few and sell them. If you happen to live in VT or TX there's no monthly fee either. No monthly fee for Serve in NY either but a pack of cigarettes costs more than $10. |
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zolace
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August 14, 2014, 06:03:33 AM |
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yeah again gfy is just a middle man, CVS and RiteAid need to jump on the bitcoin wagon, putting a bitcoin accepted payment on the register area will surley help people realize that is here to stay.
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jjc326
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August 14, 2014, 03:09:40 PM |
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Rite Aid just moved into my area and I see they do western union. It does appear cvs and rite aid are getting more into money transfer services so maybe they'll take on bitcoin next.
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Mr Tea
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August 14, 2014, 03:52:32 PM |
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So CVS is just an alternative to Gyft? I've never heard of it before. What selection do they have and what countries do they operate in?
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nioc
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Activity: 1624
Merit: 1008
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August 14, 2014, 04:15:35 PM |
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Rite Aid just moved into my area and I see they do western union. It does appear cvs and rite aid are getting more into money transfer services so maybe they'll take on bitcoin next.
They have had western union and/or moneygram for a long time now. So CVS is just an alternative to Gyft? I've never heard of it before. What selection do they have and what countries do they operate in?
CVS and rite aide are large pharmacy chains in the US. They carry most prepaid and gift cards but not gyft. |
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leex1528
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August 14, 2014, 04:27:02 PM |
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It's a cool idea, but you should reword it to say.
I bought exchanged my bitcoins for fiat gift cards, or in other words, I exchanged my bitcoins for fiat and purchased smokes.
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zedicus
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August 14, 2014, 04:31:20 PM |
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So CVS is just an alternative to Gyft? I've never heard of it before. What selection do they have and what countries do they operate in?
The OP bought a gift card from Gyft (a CVS gift card). Although he did use bitcoin to buy the gift card he didn't truly use bitcoin for his CVS transaction. I think that once physical stores start accepting bitcoin for purchases many more people will see how advantageous it is to use and buy bitcoin. |
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Nagle
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August 14, 2014, 06:13:19 PM |
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The OP bought a gift card from Gyft (a CVS gift card). Although he did use bitcoin to buy the gift card he didn't truly use bitcoin for his CVS transaction.
Right. The Bitcoins were converted to dollars back when he bought the Gyft card. By the time he got to CVS, the Bitcoins were long gone. |
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