On: Walmart filed patent for “Digital Currency via Blockchain”

[jon-wood]

I’m pretty sure there’s plenty of people who’ll happily take ship tokens if they give a 10-20% discount on purchases.

[bilbo0s → jon-wood]

Especially if those people only shop at Walmart in any case.

I bet Walmart wouldn't even have to offer a discount.

[dragandj → jon-wood]

So, Walmart would pay 10-20% to people to use its shit tokens, but what would it gain?

[buttcoinslol → dragandj]

A net loss of 6.5%-16.5% and the corresponding tax writeoff, considering their net profit margin is 3-4%

[rhino369 → dragandj]

A huge loss. Walmart can’t afford to pay even 5% of their revenue.

[overcast → dragandj]

Revenue.

[johntiger1 → overcast]

Selling a dollar for 80 cents, i'll have unlimited revenue this year :)