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.
|Do Not Pass Go, But Get Your Cash Back on a Questionable Debit Card|
|Google's Doodle Tribute to Canada's Vanishing Penny|
|IMF Considering Including Canadian Dollar in its Official Currency Reserves|
|A Chart of the Value of the World's Banks|
|Victim of These Economic Times: the Decline of Street Lights in American Cities|
|“Facebook is a data collection service for those who want to sell you products.” #deleteFacebook|
|“Regular exposure to humans results in white patches in the fur.”|
|“The idea is that someday in the future scientists will scan your bricked brain and turn it into a computer simulation.”|
|Future Horizon's Plasma Lightsabers|
|“The Pentagon’s relatively quiet tip-toe into converting the U.S. Armed Forces to a machine-majority force.”|
|Japanese Robot Serves Ice Cream From Inside a Vending Machine|
|“Facebook played a 'determining role' in stirring up hatred against Rohingya Muslims.”|
|CaptchaTweet: Write Tweets in Captcha Form|
|“Clearly, no one is going to build weapons that have sufficient general intelligence to, for example, decide and execute a plan to take over the world.”|
|3D Printed $10,000 House|
|“Contains all the same components as cow’s milk, [...] but doesn’t use any animals in its production process.”|
|When the Wrong Hastag Can Get You Killed by an Assassination Drone|