I think an option to add bits/cheers into the channel points redeemables would be a welcomed addition. It would help the support Twitch and Streamers. There are bots that already use channel points redeemables in conjunction with an overlay system, such as MixItUpApp, which allows overlays (images, videos, text, etc) to be displayed on the stream using a local browser source. Mixer had a similar setup when you spent their version of bits (embers), but their overlay was in-house and had videos that played showering embers, shark eating embers as it went by, trains going by with embers dropping etc. Having the flexibility to create your own interactions using bots like Mix It Up would make the stream more interactive, fun, and profitable for both Twitch and Streamers!

My idea would allow this great stream interaction possible, and Twitch could have their own "stock" fun overlays using an in-house browser source. Twitch already allows tracking of subs/follows using their goals overlay. Twitch would just need to create an overlay for this as well for those streamers who don't use bots with this functionality.

People had tons of fun with this on Mixer, and there's no reason why it couldn't be implemented on Twitch as well!