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0 sats \ 3 replies \ @ziggamon OP 23 Jun 2022 \ parent \ on: I'm Sergej Kotliar, CEO of Bitrefill. AMA. bitcoin
Rewards are an incentive for users to keep coming back. If rewards were withdrawable they'd just be discounts :)
If you can't withdraw, its not Bitcoin. Bitrefill's "Bitcoin Rewards" are not Bitcoin. Its just a token created by Bitrefill pretending to be BTC. Its contributing to the "paper Bitcoin problem".
I can't self custody my rewards. Being able to widthdraw rewards is a good feature pair with the Thor channels.
I would open a Thor channel just to widthdraw rewards.
Even robinhood has finally let their users withdraw BTC.
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You're right, it's not bitcoin, it's rewards denominated in btc. If it were BTC we would have to require verification of all customers.
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Fold let's you widthdraw rewards with no verification.
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