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patio11 is right, you're about to have a major problem with gift cards going bad, which were bought with stolen credit cards. Happy to give more advice, you can reach me via my HN profile. Source: In a similar business for 16 months. (We sell gift cards for $ or BTC, but don't buy gift cards with bitcoin)

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How do you handle compliance for your business (the bitcoin->giftcard one). From this discussion it seems like a total minefield. Do you ask your customers for their ID Proof/Address Proof ? (KYC/AML style) I know fraud isn't an issue for you at all because the bitcoin payments would be irreversible.

I took a look through your site and there are some really great deals (7% cheaper! wow!), great work btw!

Thanks! In a nutshell, the higher the dollar amount, the more care we put into transactions and relationships.

I'm confused, isn't he selling cards for BTC. How does credit card fraud enter into this?

EDIT: OH HE'S BUYING THE CARDS THIS IS A REALLY BAD IDEA

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