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Show HN: 10% off at Starbucks when you buy with Bitcoin

coinforcoffee.com

61–70 of 127 posts

Re: Show HN: 10% off at Starbucks when you buy with Bitcoin

#61

The big question... is this actually useable at Starbucks? If I show a barista a 3rd-party, non-Starbucks affiliated app, and ask them to scan it, will they do it? Or just look at me like I've grown 3 heads? Even if it is a valid barcode (and still not clear on where that's coming from either - I don't understand the 'crowdsourcing a gold card' thing - can someone explain?)

I work at a Starbucks. The scanners are usually customer facing and all the barista needs to know is that you are going to pay with an app on your phone. As long as there are no complications I doubt the average barista will know or care exactly how you paid. As for the crowd sourced gold card, Starbucks' loyalty program gives you a special card after 30 transactions (Gold Card), once you hit that level, you get a free drink or food item. Every subsequent 12 transactions earns another free drink or food item. These would obviously be earned very quickly if multiple people are using the same account. However, I feel that if this is the way this app works, that it opens itself up to both Starbucks shutting it down quickly and user exploits. You could just generate your own image of this accounts barcode and use it whenever you'd like. The worst that would happen is that the barista would inform you that there wasn't enough money on the card, or that it was an invalid account, something that happens often. So I doubt this is the case with this app, I am interested in how they are running this though.

Edit: Up above it is mentioned that each customer gets their own account. So this isn't an issue.

Re: Show HN: 10% off at Starbucks when you buy with Bitcoin

#62

This is great. Why is there any limit to the amount of time I have to keep the "bitcoin/dollars" on the barcode? I'd rather load it up and use it when convinient.

Actually, I think this model is a step forward for btc transactions in general. Getting the details worked out 'in the wild' like this should net them a compelling platform to build from down the road too.

Re: Show HN: 10% off at Starbucks when you buy with Bitcoin

#64

Earlier quoted context omitted.

Yes! (Both.) You'll end up spending an amount of BTC that is equivalent to 90% of the cost of your coffee. So, an example: If you choose the $10 option, and $10 is worth 10mBTC (exchange rate made up to simplify the math), then you'd pay 9mBTC and have $10 available to spend at Starbucks. If you then spend $5 of that at Starbucks, you'll end up receiving a refund of 4.5mBTC (the equivalent of the remaining $5).

How is that discount funded though? I mean, who is paying the other 10%?

Right now? Us.

Re: Show HN: 10% off at Starbucks when you buy with Bitcoin

#65

This is great. Why is there any limit to the amount of time I have to keep the "bitcoin/dollars" on the barcode? I'd rather load it up and use it when convinient.

Mostly, I'm worried about trust. The thought was people might be worried that they paid their BTC for nothing. I'll chat with the guys about this, we definitely need to look into a better time solution. The other thing is- gift cards are all about vendor lock-in, and that's bullshit. Thus the focus on getting your money back in your pocket.

It might be interesting to approximate how remainders work in Google Now: set a time or place to trigger a notification on a pending refund, and permit rescheduling within reason.

Re: Show HN: 10% off at Starbucks when you buy with Bitcoin

#68

I'm wondering what you have to gain out of promoting bitcoin so much. are you heavily invested in it?

If by "heavily" you mean "bought a tiny bit after the January crash" then.. yes!

People should be able to spend their money however they want. That's what we're excited about.

Re: Show HN: 10% off at Starbucks when you buy with Bitcoin

#69
post #48
post #7

Hey guys! You might remember our last app, Card for Coin, where we were buying Starbucks for bitcoin. Well, here's the other side- we're looking forward to your feedback. The websocket stuff is a little touch and go, so please let me know if you have issues. Let me know if anyone has an issue loading a card or getting a refund, and I'll work it out.

Did you, and if so, how did you address the legal issues brought up in your previous post? https://news.ycombinator.com/item?id=7157180

Is it still money laundering now that the IRS has said that Bitcoin is property and not currency?

Re: Show HN: 10% off at Starbucks when you buy with Bitcoin

#70
post #29

Earlier quoted context omitted.

They do have an API but it isn't in any way public. It is all in a closed system.

Citation? I'm very interested in that.

Hello,

I am involved with a company that deals with micro rewards. I am trying to get more info from my co founder who actually deals with it. I am guessing you are based in ATL. Email or tweet me. I am following you.

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