While "getting into the virtual currency remains something of an obstacle for the average person," the Card for Coin website allows "users sell their unused Starbucks gift cards in exchange for Bitcoin."
Founded by Matt Luongo, a 25-year-old software developer and co-founder of research search engine Scholrly, Card for Coin lets users sell their unused Starbucks gift cards in exchange for Bitcoin. (Starbucks is not officially affiliated with the site.) Simply enter in your card details into the site, and Luongo checks the balance. Hell then offer you a percentage of the balance (usually between 60 to 70 percent) in Bitcoin (BTC), says Luongo. Once the customer agrees to a price, Luongo transfers the BTC to customers using popular Bitcoin exchange Coinbase. After that, customers can throw away their card, he says.
While the 30 to 40 percent cut is likely too steep for seasoned Bitcoin investors, Luongo believes the simplicity of his service gives newcomers an easy way to get into the worlds most popular and valuable cryptocurrency.
|Deficits of Mass Destruction|
|IMF Considering Including Canadian Dollar in its Official Currency Reserves|
|Dowling Duncan's Vertical US Bank Note Designs|
|Why There Is No Point in Attending Canada's #OccupyWallStreet|
|Everything We've Learnt About the Surveillance State|
|“The cost could be so near to zero it will effectively be free.”|
|How to Avoid Jury Duty|
|“He portrays these abandoned malls as apocalyptic ruins.”|
|Go the Fuck to Sleep: A Children's Bedtime Book|
|Japanese Robot Serves Ice Cream From Inside a Vending Machine|
|“Lifting the electric motors out of Teslas and putting them in the chassis of other, formerly gas guzzling cars.”|
|Google Map Shows You the Most Photographed Areas of the World|
|Sensually Retro Illustrations by Simone Massoni|
|Good Fucking Design Advice|
|“Rejuvenation is Finally an Industry.”|
|“Put words between buns.”|