I ordered lunch through Grubhub a couple of years ago while spending long hours in the office. When I ordered, I always ensured I was signed into Lolli. I was able to earn sats on all my purchases by using a Bitcoin rewards platform and a browser add-on.
After a while, I stopped buying food out and started cooking at home. I also forgot that I could stack sats to get discounts on Lolli purchases. In my wallet, however, I found that 312,770 of the sats had increased in value and were now worth about $220.
I found that the bulk of my Lolli transactions were made via Grubhub.
My bitcoin reward from my lunch purchase of $20 is currently worth between $3 and $4 each. As bitcoin continues to increase in price, it is pretty wild to think that the rewards I earned will one day be worth more than the purchases I made to get them…
It’s the best financial trick ever invented.
After a while, I remembered my account. FoldAnother bitcoin reward app. My wallet had 300,416 Sats (currently worth $226) in it. Fold also showed me that my rewards total was 1,057 710 sats (currently worth $750) using Fold. All this, for nothing more than everyday purchases.
Why did I stop using them? I think I was just lazy and now I’m kicking myself at all the extra bitcoin I could have stacked if I had kept using these platforms — especially through the bear market…
The genius behind these platforms was revealed to me: customers don’t have to do anything to obtain bitcoin. These platforms let people live their life and still get rewarded. The system allows people to earn bitcoin without having to make any real changes to their behaviors.
Bitcoin is a niche product that caters to more technically oriented customers. These products make me believe that there are other ways to introduce people to Bitcoin. Bitcoin reward apps are an interesting way for my non-Bitcoin friends to learn about Bitcoin. They would likely be very interested to use them in order stack their first Sats.
Although I would love to go back and redo my daily purchases using a BTC reward platform during the bear market, I am unable to do so.
However, I can control my actions today and while moving forward — so I’ll be downloading these apps again. Why not you?
This is not a good article. Take. The opinions expressed by the authors are their own and not those of BTC Inc. or Bitcoin Magazine.
“This article is not financial advice.”
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Source: bitcoinmagazine.com
