Topic: Maybe the future of Bitcoin is in Loyalty points. - page 2. (Read 867 times)
Do you mean that merchants should give you some extra coins based on this loyalty points or just colecting coins and then people could get extra discounts? Or maybe there should be some centralized loyalty points service that would give points with every Bitcoin purchase? Would loyalty program attract even more people to Bitcoin?
interesting idea but not likely.
why would companies give out bitcoin as a reward system instead just accepting bitcoin in the first place? also by redeeming the reward bitcoins they would be accepting bitcoin, since they can not check where i got my coin from (technical possible but why would they want to do that?).
the rewards the would give out were just some satoshi almost faucetlike. and bitcoin is already seen as money, which is what you want to avoid in these reward programs. do they not invent these reward points to disguise the real money value?
why would companies give out bitcoin as a reward system instead just accepting bitcoin in the first place? also by redeeming the reward bitcoins they would be accepting bitcoin, since they can not check where i got my coin from (technical possible but why would they want to do that?).
the rewards the would give out were just some satoshi almost faucetlike. and bitcoin is already seen as money, which is what you want to avoid in these reward programs. do they not invent these reward points to disguise the real money value?
Maybe Bitcoin instead of going full mainstream currency needs to enter the masses through loyalty bonus point type programs. Loyalty points were really the original virtual currency....it's a lot less intimidating to the average user to collect 'points' or tokens and redeem them alongside normal fiat pathways.
Say Starbucks gave out digital crypto points with a purchase made through your cellphone or credit card. Starbucks can firstly have tailor made loyalty program that normally is wasteful and inefficient and customers have then used cryto in a way that means they almost don't need to know its Bitcoin.
There are alt coin projects like Coval moving into this area but maybe Bitcoin needs to enter the masses counciousness through the backdoor of loyalty programs? The loyalty industry is btw worth 70 billion annually so it's not a small thing.
Say Starbucks gave out digital crypto points with a purchase made through your cellphone or credit card. Starbucks can firstly have tailor made loyalty program that normally is wasteful and inefficient and customers have then used cryto in a way that means they almost don't need to know its Bitcoin.
There are alt coin projects like Coval moving into this area but maybe Bitcoin needs to enter the masses counciousness through the backdoor of loyalty programs? The loyalty industry is btw worth 70 billion annually so it's not a small thing.
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