Replying to Avatar franzap

I want to buy something online that can only be paid by card but don't have a card or don't want to dox myself. I go to this market and ask someone trustworthy to pay it for me (somehow) and I settle with them in sats. Trust is important because chargeback risk (though it depends on the product/service)
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Mazin 1y ago

This is what gift cards and services like bitrefil aim to provide. Making it a marketplace is a fraud nightmare that will drive your operational costs to the moon.

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franzap 1y ago

I generally agree but what if the participants were my close connections? i can incentivize them with a sat premium

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elsat 1y ago

I think there was an amazon service for this. Pay sats for someone to order for your with their amazon account w/ fiat

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Mazin 1y ago

I think if you limit it to close connections there won’t be any liquidity. Will be very hard to ever find someone on the other end to fulfill your order. Perhaps you find one or two friends willing to do it but my guess would be it doesn’t scale well.

There are definitely services that do this but they are full of fraud. Most of the sellers willing to take a 10%+ haircut on their Amazon to BTC conversions were using stolen money (phone tech support gift card scams etc).