So there is no arbitrage, no user to user interaction, they simply buy Steam Gift cards from you with bitcoins. So simple. Genius!
One can make a bitcoin front for pretty much anything online. Where else do you see opportunities like this?
One can make a bitcoin front for pretty much anything online. Where else do you see opportunities like this?
They don't have an API, but they do have a standard template I can email them to have them perform the action and they offer net-30 billing.
This will allow me to ask for people's phone numbers, select their carrier, and send me Bitcoin. Then I send the order to the fulfillment company who loads up the users phone account and I pay them at the end of the month.
I'm excited by it because everyone talks about how Bitcoin is good for the remittance market, but there needs to be a use for Bitcoin in the developing world for people to use it if they don't have access to an exchange and a bank account.