Today I look at three websites you can use to purchase a Starbucks -gift card using Bitcoin.
Transcript
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hello if you don't know who i am my name is ben perrin i am currently in the midst of doing an internship with broker.com and i'm trying to live on bitcoin for the month of december for this video here i am going to take a look at three different ways that i can pay for my starbucks coffee with bitcoin one of them is a site by the name of coin coincards.ca another site is one called yes to bitcoins.com and the final website is of course broker.com i'm going to look at these three options with a level head and i want to figure out the advantages and or disadvantages to each so the first website i'm going to look at is yes to bitcoins.com now i have used them in the past uh through the summer i was topping up my starbucks gift card with them so uh you get to the site you scroll down there is a canadian flag mixed in with the starbucks logo there's other options there as well but i'm specifically looking at starbucks today when you click on that logo it takes you to a page you have two options you have fifty dollars or one hundred dollars and these are e-gift cards you click pay with bitcoin and basically you are paying 50 to 50 for your 50 gift card not too bad there's a 2.50 fee when you put in that info you can go to your bitcoin checkout pay and within 24 hours you'll probably have your card arriving in your email the next one we're going to look at is coincards.ca when you go to the website scroll down find starbucks click on it and you can select your amount once again you are getting a 2.50 fee for using their service so a total of 52.50 to pay for your 50 starbucks gift card now when i've used uh the return time on the card varies but in my experience it actually took a little bit longer than yesterbitcoins.com i took me i believe two days to get my starbucks card so you may be looking at a couple days but it it could depend finally i'm going to look at again using their website in combination with the starbucks website or starbucks online store so when you're using broker they are the intermediary getting you basically whatever you're shopping for looking at it from the viewpoint of a regular online shopper i would go to the starbucks website i would find the page where i would normally order a gift card and i copy that url then i go to broker.com i paste in the page of starbucks.ca or starbucks.com wherever you're coming from and i would type in the description what i want specifically i would like a 50 gift card from starbucks.com sent to my email address and that would be listed in the details down below as i'm making my order now here's the major difference between and the other two options that i've explored there is a little bit more work to be done as far as finding the original website and copying your url as well as making your order and waiting for a bid however you have the freedom now to adjust what you're paying what i mean by that is you can put in a discount as opposed to paying a fee if you're able to get somebody to bid on your item for as high as 20 you're looking at paying 40 for your 50 starbucks card versus 52.50 so really what you're looking at here is speed versus price i've had turn around for starbucks cards quicker than both of these other sites but i suppose that could depend on the day and how busy broker.com is price 52.50 for 5250 for yes to bitcoins.com as low as 40. for broker.com now i just want to elaborate a little bit on my decision and ranking process here at first i really liked uh yes to bitcoins.com the most and the reason for that was because the communication was very quick i never felt like i wasn't going to get the product i ordered with coincards.ca they were still quick but you know there was that waiting in between where i've spent my bitcoin you know i still had that moment of i hope this pans out because i'm not gonna get my money back either way with broker um the reason that i ended up liking it the most is number one the discount if i'm getting that 20 discount that's two out of every 10 copies that i'm buying for free and that's great that's awesome the other thing was while there's the possibility of it taking longer and while there's a couple extra steps you know copying a url and pasting it in and putting up your order i had control of my money until i had my product so i never had that moment of ooh did i spend money on something that i'm not gonna get i know that i've got it and so i released the funds that's it thank you very much for watching and i will see you all soon