Author

Topic: All businesses should be like Target/Gyft.com -- giving extra discounts for BTC (Read 597 times)

sr. member
Activity: 280
Merit: 250
Coolness: ∞
What?  Since when did target give an extra discount

They own gyft.com you can buy Target gift cards with Bitcoins and get interest for paying in BTC.
hero member
Activity: 608
Merit: 500
What?  Since when did target give an extra discount
sr. member
Activity: 280
Merit: 250
Coolness: ∞
False, many merchants will accept bitcoin payments, but will need to convert to local fiat upon transaction.

If all merchants do this, why would bitcoin price go up? Wouldn't the opposite happen?

False.

Many merchants keep the BTC and don't directly need to change them all to US currency.

The whole point of BTC is to get rid of currency after all, most businesses will only change to USD if they have to.

legendary
Activity: 2114
Merit: 1031
False, many merchants will accept bitcoin payments, but will need to convert to local fiat upon transaction.

If all merchants do this, why would bitcoin price go up? Wouldn't the opposite happen?
sr. member
Activity: 280
Merit: 250
Coolness: ∞
BTC value can only go up as it is more and more accepted right?

If you aren't giving discounts for Bitcoin users -- YOU ARE BEHIND.

Get with the program and provide discounts!  Cheesy

DOWN WITH THE DOLLAR!
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