Bitcoin For Business: Fanatics
TFTC: A Bitcoin Podcast
Replacing Loyalty Points with Bitcoin Rewards
In this chapter, the speakers discuss the idea of replacing a company's loyalty points with Bitcoin rewards. They talk about how companies like fanatics could leverage Bitcoin to replace their fan cash rewards, similar to air mile points or Starbucks cash. They discuss the benefits of adopting Bitcoin rewards, such as attracting more customers and increasing spending at the company. However, they also acknowledge the challenge of users being able to spend the Bitcoin rewards elsewhere.
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