Published
5 years ago on
August 14, 2018
“The cashback percentage varies from store to store, but can range anywhere from 1 percent to 10 percent or even higher. If you're thinking a point or two isn't worth the hassle, remember your cashback credit card: it adds up. It's also an effectively risk-free proposition. Yes, you'll want to peruse Coinback's privacy policy and terms of use, but I don't see anything different than what you find at most cashback services. Services like these typically make money through referral links and, in some cases, sharing or selling marketing data.â€See more for yourself, here. Therefore, is this the future for Bitcoin investment? If you think about it, this does encourage an interesting new investment opportunity. People may not be willing to invest their own money into cryptocurrency, but could see this as a way of getting into Bitcoin investment, without the hassle or the risk. In essence, it’s actually a risk free platform because the Bitcoin payments are an added extra. Okay, it’s paid to your out of an amount of money you used to purchase a product, but, you still receive the product. You paid full price for a product and in return are gifted with an investment, that has the capacity to grow. Imagine racking up $100.00 worth of Bitcoin through cashback buying, and then that $100.00 shooting up 10% in a week, 25% the week after? It’s possible, and could provide new customers with a very lucrative entry point into the industry. Moreover, this is good news for the rest of us because it encourages further movement for Bitcoin, more buying and in theory, greater value.
