There's an app called Bitmo where you can buy and gift digital gift cards for many major businesses. They sometimes offer deals where you can get 20% off on a gift card. I don't understand how Bitmo or the companies they're working with could possibly be profitable with this method. I know that scammers who ask their victims for gift card codes usually resell the codes for less money, so I'm wondering if that's potentially what Bitmo is doing? That's my best theory for how they make money or can offer gift cards for way lower than the actual price. I was thinking they could be selling data, but they can't be getting data that is sellable just based on people buying gift cards, unless they're doing something illegal with the data they're getting. Either way, it seems extremely fishy and I wouldn't trust putting my information in their system. If anyone knows or has any idea what they're doing, please let me know. I'm mainly just curious about it and very confused.
Submitted April 13, 2019 at 02:48AM by JMoney525 http://bit.ly/2v0f2vA via TikTokTikk
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