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Purse.io Closing Down

support.purse.io

11–18 of 18 posts

Re: Purse.io Closing Down

#11
post #3

Earlier quoted context omitted.

Of what?

Getting other people to order stuff from Amazon for you, and pay them in bitcoin... Looks like a way to order bomb ingredients without leaving a financial trail... Can't believe there's a big enough market for that... Was there any other benefit to this service?

From the other side, it was a way to convert Amazon gift cards into BTC. Many argued it was primarily for those who acquired those gift cards illicitly or who were money laundering.

Re: Purse.io Closing Down

#12

One thing I wish when companies were closing down is keep most of their website up so I can see what they offer. 3/4 of the announcements like this I can’t see what they did.

It is, but the common complaint of a blog not linking to the site they are associated with applies.

https://purse.io/shop

They of course aren't accepting new signups, and all "orders" must be completed within a week.

Re: Purse.io Closing Down

#17
They should have thrown in the towel many years ago.

But they had money to burn (even wrote and believed there were other use cases for BTC except crypto trading for even worse currencies. There weren't and that was clear in 2016 if not earlier.

From one of the comments:

> Looks like a way to order bomb ingredients without leaving a financial trail...

Only fools would try do buy ingredients that way that because you'd likely have it shipped to you an FBI agent or informant.

Buying shit from Amazon using BTC made from clicking on Google ads was probably the only interesting use case.

Re: Purse.io Closing Down

#18
post #3

Earlier quoted context omitted.

Of what?

Getting other people to order stuff from Amazon for you, and pay them in bitcoin... Looks like a way to order bomb ingredients without leaving a financial trail... Can't believe there's a big enough market for that... Was there any other benefit to this service?

I read the blog post and couldn't really guess what they did, so I headed over to the actual shop and saw some books. Okay, I thought, another bookstore.

But then I scrolled further down and started seeing red dot sights for rifles and giftcards.

That does seem a little shady.

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