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Topic: 2012-08-22 geekosystem.com - Startup Attempting to Produce Bitcoin Debit Cards, (Read 753 times)

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Startup Attempting to Produce Bitcoin Debit Cards, Sort of Misses the Point of Bitcoin

James Plafke
2012-08-22

http://www.geekosystem.com/bitcoin-debit-cards/

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Though the thought of a Bitcoin debit card does tickle our geek fancy a bit and helps us pretend we live in a sci-fi video game where the only currency in the entire universe is “credits,” a Bitcoin debit card would prove a little less useful in real life. If Bitcoin has a singular point, it’s that it is encrypted, untraceable, anonymous currency. Due to that, it’s popularly used in illegal transactions. Slapping your name on a tangible piece of plastic that connects to a bank seems to be missing the point.
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Another journalist apparently attempting to preach about what the point of Bitcoins is or should be... 
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