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Finding Genius Podcast

Purse.io – Buy Amazon Products At a 5-33% Discount Using Bitcoin

Finding Genius Podcast

Richard Jacobs

Medicine, Health & Fitness

4.41K Ratings

🗓️ 7 December 2016

⏱️ 41 minutes

🧾️ Download transcript

Summary

Purse.io allows you to buy any Amazon product at 5 to 33% discount using BITCOIN. Purse does this by leveraging unused Amazon gift card balances, allowing gift card holders to free up their trapped money and receiving bitcoin instead.
As a member of purse.io (which is free to join), you automatically get 5% off any Amazon purchase, and can ask for a discount up to 33% off.
The less of a discount you ask for, the faster you will get your item, however 15% discounts are common, sometimes more.
Steven McKie, head of Business Development & Product Content talks about purse.io's mission – to leverage Amazon's platform to match buyers who want to spend their bitcoin, Amazon gift card holders to free up trapped money, and Etsy-type merchants who want to offer their wares and receive bitcoin payments.
Steven amazed us by explaining Purse.io's network size as of December, 2016 is over 160,000 members and growing.
You'll definitely want to tune in to this wide-ranging, easy to understand, and exciting conversation that reveals new opportunities in the bitcoin and cryptocurrency world.
Make sure to subscribe and review the Future Tech Podcast to get daily updates.

Transcript

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0:00.0

Welcome to Almost Here, Round the Corner of Future Technology Podcasts with Richard Jacobs.

0:07.9

Future Technologies always to transform our lives for better or worse for the focus of this podcast.

0:13.6

Almost here means these technologies are now here and starting to be used.

0:18.1

We're just around the corner.

0:19.7

From Bitcoin to artificial intelligence 3d printing

0:22.6

blockchain virtual reality and more this is richard jacobs with future tech podcast and today i'm

0:32.1

going to speak to steve macky head of purse.io um steve can you give us a brief overview of what purse I.O. does and seems to work with Amazon

0:42.3

to get discounts?

0:43.3

Yeah, first, yeah. First and foremost, my title here at Purse is I'm the head of business development and product content.

0:51.3

The head of purse would be our CEO, Andrew Lee.

0:55.9

But essentially, what I do at Purse I.O., so Perce is an e-commerce marketplace.

1:03.4

And so, in essence, it's just like your normal everyday e-commerce site, just like an eBay or

1:09.0

an Amazon or a Dell.com, right?

1:11.0

They have goods that you want to, that you want to purchase, and you go there with a credit

1:15.0

card and you buy them, right?

1:16.4

The only difference with purse is instead of coming to our marketplace and buying goods

1:21.5

with, say, like a credit card or a debit card or something like that, you use Bitcoin.

1:27.4

And the reason that you use Bitcoin in our site is it's not just so you can shop for goods

1:32.4

online and to use a different form of currency to pay for them.

1:36.1

It's much more to it than that.

1:37.8

So the way Perce works is we're in the business of matching up buyers and sellers of goods.

1:45.8

But, you know, we're also in matching up what are called shoppers and earners. So shoppers are individuals that want to

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