97 - Coincards: Buy Gift Cards with Monero and Bitcoin

Jan 31, 2024

Gabriel Custodiet talks to Mike from Coincards.com, discussing how to buy gift cards with bitcoin and monero, privacy concerns, living off gift cards, behind-the-scenes of the gift card industry, gift card suspicion, gift card privacy, and the future of gift cards.

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Introduction

00:00 • 2min

Using coincards.com to Buy Gift Cards with Monero and Bitcoin

01:46 • 2min

Bitcoin UTXO vetting, transaction restrictions, and information retention policy

04:09 • 3min

How Coincards Interacts with Merchants and Aggregators

07:00 • 6min

Using Gift Cards in Physical Stores and the Origins of their Business

12:49 • 5min

Promoting their Service on Reddit and Comparing Themselves to Competitors

18:01 • 2min

Challenges of Expanding Business into New Countries

19:40 • 19min

Gabriel Custodiet talks to Mike from Coincards.com. This service allows you to buy gift cards for popular franchises with bitcoin, monero, and other crypto. Gabriel asks all the basic questions, the privacy and legal questions, and the more interesting questions: how to live off of gift cards, behind-the-scenes of the gift card industry, gift card suspicion, gift card privacy, and the future of gift cards.

Guest Links →https://coincards.com/ (Use Tor Browser) →https://twitter.com/CoinCards →https://twitter.com/astupidmoose (Mike’s personal Twitter)

WATCHMAN PRIVACY → https://watchmanprivacy.com (Yes: I offer consulting) → https://twitter.com/watchmanprivacy → https://escapethetechnocracy.com/

CRYPTO DONATIONS →8829DiYwJ344peEM7SzUspMtgUWKAjGJRHmu4Q6R8kEWMpafiXPPNBkeRBhNPK6sw27urqqMYTWWXZrsX6BLRrj7HiooPAy (Monero) →https://btcpay0.voltageapp.io/apps/3JDQDSj2rp56KDffH5sSZL19J1Lh/pos (BTC)

Timeline

0:00 – Introduction 1:42 – What do we have to give up to use CoinCards.com 2:35 – Any problems with Tor Browser? 3:35 – Are you using BTCPay Server? 4:15 – Do you vet UTXOs? 4:50 – Do you reject transactions for any reason? 5:48 – Data retention policy 7:10 – Do companies know their cards came from Coin Cards? 9:50 – Rapid fire of basic features of Coin Cards 12:50 – How do we use digital gift card in physical store? 13:40 – Origins of Coin Cards (getting permission from gift card companies) 16:00 – What did you do with Bitcoin in the early days? 17:00 – Coin Cards guerrilla marketing 18:15 – Comparison to competitors 19:38 – Limitations of jurisdictions 21:58 – What wallet set up do you use? 23:30 – How do live on gift cards 24:30 – Problems with VISA gift cards 26:42 – Privacy problems of using gift cards 28:30 – Companies that ban for using gift cards (Amazon) 30:32 – Will gift cards get regulated? 31:40 – How much of “circular economy” BTC/XMR end with services like yours? 34:27 – Has there been a decline in Bitcoin use in last ten years? 37:00 – Percent of gift cards that have errors 37:15 – Future of Coin Cards 37:40 – Final thoughts

#WatchmanPrivacy #CoinCards #BitcoinGiftCards #Monero