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A few summers ago, I used to order lunch through Grubhub while working long hours at the office. When ordering, I always made sure I was logged in lollyA Bitcoin rewards platform with a browser extension that allowed me to earn full money on my purchases.
Eventually I stopped eating out and started cooking at home, and over time, I mostly forgot how much I used to spend on everyday shopping with Lolli. However, I recently checked my wallet and found 312,770 sets whose value had increased by $220 at the time of writing this.
Looking at my transaction history, the majority of my lolly purchases were made through Grubhub.
My Bitcoin Back rewards from my ~$20 lunch purchase are currently worth $3-4 each. As the price of Bitcoin continues to rise, it’s crazy to think that the rewards I’ve earned will one day be worth more than the purchases I made to get them…
Honestly, this sounds like the biggest financial hack ever.
Then, I remembered I had an account foldAnother Bitcoin rewards app. I logged into my account and found 300,416 SAT, worth currently $226, just deposited into my wallet. I also noticed that using Fold I have accumulated my total rewards earned to 1,057,710 SAT, which is currently worth $750. Again, all this for nothing more than everyday shopping.
Why did I ever stop using these products? I guess I was just lazy and now I’m kicking myself over all the extra Bitcoin I could have accumulated if I had continued using these platforms – especially through bear markets…
That’s when I realized the genius of these platforms: They don’t require customers to go out of their way to acquire Bitcoins. They simply allow them to live their lives and reap the rewards. They do this so that no real change in behavior is required, and people do not have to invest their hard-earned money to acquire some Bitcoins.
Most Bitcoin companies cater to a very specific market that is more technical. But using these products I think is another way to get people into Bitcoin. Bitcoin rewards apps are a clever gateway that my friends who aren’t interested in Bitcoin will probably think is really cool and maybe they’ll be interested in using to stack their first sessions.
Although I wish I could go back in time to the bear market and make all my everyday purchases again using the BTC Rewards platform, I can’t.
However, I can control my actions today and moving forward – so I will download these apps again. you should too.
This article is a TakeThe opinions expressed are solely those of the author and do not necessarily reflect the opinions of BTC Inc. or Bitcoin Magazine.
