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Onboarding muggles to bitcoin

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Onboarding muggles to bitcoin

Dursley Family

I have an idea!

I want to make an app that has 1 cases of entry points, the 1st one being the root of the idea.

User installs app and is directly proposed to enter a gift code.

Case 1: User has a gift code. (It's your friend)

(You had created a gift code with 100$ worth of BTC by sending them on a specific BTC address that was generated with your gift link and only discoverable using the gift code)

So your friend enters the code and is informed that he has 100$ worth of BTC waiting for him to unlock, when he is ready he can go to the next step.

Case 2: User doesn't have a gift code. (User has no friend)

User can only go to the next step.

Rest of the app is same for both cases:

  • User follows a tutorial:
    • learns wallets & on/off-ramp concepts
    • creates its own wallet in-app
    • if had gift code: the 100$ worth of BTC are automatically sent to his new wallet
    • warn that this is a temporary solution: if he forgets the words and uninstalls app, it's 100$ gone! (satoshis actually...)
    • show the safer alternatives
  • User has 1 chart with his wallet value over time, total amount of bitcoin
  • User has the history of transactions of his in-app wallet
  • User can access a page with Bitcoin chart, info, links, and whitepaper
  • User can't buy bitcoin
  • User is incentivized to move on: categories with links to discover more and store bitcoins in a safer way
  • User can also send a gift card of 100$ worth of BTC to a friend (just like you did for him ❤️)
  • User is constantly reminded that his money will be gone if he forgets the words, and brought to safer habits

Notes:

  • the ramp would be a third-party provider
  • the in-app wallet would be developed using an open source solution
  • the project would be open-source for community support
  • growing possibilities: teach the different strategies (day-trading, hodling...) and their different risks level...

What do you guys think? Is this a good idea? Is it allowed on the AppStore and PlayStore?

I'm a developer wanting the world to jump in bitcoin and defi! I'm open to any advice!

Thanks for reading ❤️

submitted by /u/TwistedMinda
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