I've always wondered whether rewards actually change people's behavior or if they're just a nice bonus.For example, would earning crypto back on everyday purchases make you:
- Use one payment method over another?
- Spend more often?
- Hold the rewards instead of cashing them out?
- Or does it make no difference at all?
Traditional credit cards have been using points and cashback for years, and it clearly works for a lot of people. Do you think crypto rewards are any different, or is it basically the same psychology with a different asset?
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