advantage of bitcoin debit card? - page 3.

Pattart

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Quote from: romero121 on April 01, 2016, 07:25:12 AM

Quote from: jethrorn99 on April 01, 2016, 04:41:22 AM

Most of shops still use credit / debit cards to do transaction. uᴉoɔʇᴉq is still a rare thing to use commonly in public.

Also, BTC Debit card could be used in mini market for buying things.

As said not much advantages can be found in the bitcoin debit card. Issuing of this card will popularize bitcoin among the public without any form of media promotion.

nope I think bitcoin debit card has an advantage in terms of payment if you're using bitcoin
surely you will experience limitations in using bitcoin payment method. with bitcoin debit card you can buy anything

yenxz

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Quote

As said not much advantages can be found in the uᴉoɔʇᴉq debit card. Issuing of this card will popularize uᴉoɔʇᴉq among the public without any form of media promotion.

yes you are right,i'm not see good advantage too,and also i'm not found people use xapo debit card,maybe they just want to make bitcoin more popular with create bitcoin debit card.

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Quote from: romero121 on April 01, 2016, 07:25:12 AM

Quote from: jethrorn99 on April 01, 2016, 04:41:22 AM

Most of shops still use credit / debit cards to do transaction. uᴉoɔʇᴉq is still a rare thing to use commonly in public.

Also, BTC Debit card could be used in mini market for buying things.

As said not much advantages can be found in the uᴉoɔʇᴉq debit card. Issuing of this card will popularize uᴉoɔʇᴉq among the public without any form of media promotion.

When the bitcoin goes up to $1200, I will get a bitcoin credit card and spend the bitcoin I have at present.

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Quote from: jethrorn99 on April 01, 2016, 04:41:22 AM

Most of shops still use credit / debit cards to do transaction. uᴉoɔʇᴉq is still a rare thing to use commonly in public.

Also, BTC Debit card could be used in mini market for buying things.

As said not much advantages can be found in the bitcoin debit card. Issuing of this card will popularize bitcoin among the public without any form of media promotion.

jethrorn99

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Most of shops still use credit / debit cards to do transaction. Bitcoin is still a rare thing to use commonly in public.

Also, BTC Debit card could be used in mini market for buying things.

ultimatesky

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The real advantage is that you can pay everything with the debit cards from the bitcoin, you can just go to a store and pay with it and that is pretty nice if you ask me right ?
Also the fact is that you are not limited to direct deals that accept the bitcoin because with the debit card its just possible to buy anything.

Avirunes

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Well i think its useful as most of us have problem doing with paypal.So we can eliminate them by using bitcoin debit cards.

Quote from: Kartikay on April 01, 2016, 02:37:28 AM

Moreover there is always a threat of theft associate with debit cards.

Well every thing related to money contains threat of theft .There is no way you can eliminate it but you can lower the chances provided if you take necessary security steps .

Kartikay

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I do not think there is any need of bitcoin debit card at this point of time.
What I mean is You actually can not use effectively. There are very less shops which accepts bitcoins. Moreover there is always a threat of theft associate with debit cards.

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I have one currently I plan on using it frequently havent used it yet it's a nice way to move my bitcoins fast into $ then into the place I need it.

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Quote from: MTBTT on March 30, 2016, 08:10:41 AM

Quote from: TastyChillySauce00 on March 30, 2016, 05:34:20 AM

Quote from: Adrorecia on March 30, 2016, 04:58:17 AM

The advantage of uᴉoɔʇᴉq debit card is that the transaction is super fast. Besides that it is super fast it is also extreme cheap to transect money.
It does not matter if you are transecting money locally of internationally.

cheap can't match well with debit card, basically debit card took fees every transaction, when you want to get a cash from your local atm, it'll charge you 3.5$ for international atm and 2.5$ for domestic atm,it's waay to high if you'd compare it to some local exchanger which accept uᴉoɔʇᴉq,but it'll become no problem if you can afford it

Lol it's very expensive. I'd better not use uᴉoɔʇᴉq debit card. I can send it directly to the uᴉoɔʇᴉq wallet. the cost is very cheap fee.
I think the advantage is only "accepted throughout the world" because it uses a system mastercard

whether some merchant will accept debit card is uncertain, some merchant prefer accepting only credit card rather than debit card because people on the internet can buy those vcc which is the same as debit card on it function and consider it as fake card,and the main point,credit card can be charged automatically when the subscription is about expired

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Quote from: Ardenyham on March 29, 2016, 01:50:20 PM

Calling it a bitcoin debitcard is a wrong way in even referring to it, it's just a debitcard that is linked to your exchanger account and you can withdraw your USD balance to it "or exchange BTC to USD and then send it to the debitcard", a real bitcoin debitcard would be BTC based in my opinion.

you are right,definetly there was no bitcoin debit card,right?
and as you said,maybe some debit card company see good chance to make bitcoin as their "product" to be mre exist on new and future busines in payment,and they see bitcoin really good.

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Quote from: ~Bitcoin~ on March 30, 2016, 08:27:17 AM

Quote from: Raja_MBZ on March 30, 2016, 07:59:33 AM

Good for you if only you could afford it. I see many ways around to withdraw bitcoin with a better fee rate.

Yes bitcoin debit card have become way to withdraw bitcoin in real cash where real in countries where real bitcoin exchanger is not available.

Yeah its a good effort that keeps the exchanges away from us. Is it possible to use a bitcoin debit card bought from European nation to use in Asian Countries.

~Bitcoin~

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Quote from: Raja_MBZ on March 30, 2016, 07:59:33 AM

Good for you if only you could afford it. I see many ways around to withdraw bitcoin with a better fee rate.

Yes bitcoin debit card have become way to withdraw bitcoin in real cash where real in countries where real bitcoin exchanger is not available.

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Quote from: Aamir1 on March 08, 2016, 03:23:40 PM

Quote from: nasi on March 08, 2016, 02:15:33 PM

i would spend bitcoins rather that normal coins if there is abitcoin debit card witch has contacless touch and goal
i would also see that things will be cheaper if you buy with bitcoins

I can't really understand the logic behind things being cheaper when bought with bitcoin.
I really want you to give some examples on it to make me or us understand that how things can be cheaper if we buy them with bitcoins.

Websites like purse.io allow you to buy things on Amazon for around 15% off.

Sites like gyft.com and egifter.com give you 3% discount on purchases at places like Target, most restaurant chains, most US franchises.

At small shops they would rather you pay in bitcoin because they don't have to pay the fees for credit card services.

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Quote from: TastyChillySauce00 on March 30, 2016, 05:34:20 AM

Quote from: Adrorecia on March 30, 2016, 04:58:17 AM

The advantage of bitcoin debit card is that the transaction is super fast. Besides that it is super fast it is also extreme cheap to transect money.
It does not matter if you are transecting money locally of internationally.

cheap can't match well with debit card, basically debit card took fees every transaction, when you want to get a cash from your local atm, it'll charge you 3.5$ for international atm and 2.5$ for domestic atm,it's waay to high if you'd compare it to some local exchanger which accept bitcoin,but it'll become no problem if you can afford it

Lol it's very expensive. I'd better not use bitcoin debit card. I can send it directly to the bitcoin wallet. the cost is very cheap fee.
I think the advantage is only "accepted throughout the world" because it uses a system mastercard

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Quote from: Raja_MBZ on March 30, 2016, 07:59:33 AM

Good for you if only you could afford it. I see many ways around to withdraw bitcoin with a better fee rate.

What is there to afford?

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Good for you if only you could afford it. I see many ways around to withdraw bitcoin with a better fee rate.

Elwar

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With the Bitcoin debit card I can get closer to my goal of dropping my bank.

As bitcoin is my main currency, I get paid in bitcoins and spend mostly bitcoins. For places that do not take bitcoins I use my bitcoin debit card.

If everyone did this, a store that starts to accept Bitcoin would immediately see a large amount of customers paying in Bitcoin and they would be able to stop paying credit card fees. Because customers are already spending bitcoins.

It is the hybrid solution between what we have now and the day when stores accept Bitcoin directly.

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Quote from: avikz on March 04, 2016, 05:33:23 AM

Bitcoin debit card is very good idea and it will push bitcoin further to become a mainstream currency. But the world first needs to be educated about bitcoin. A majority of the world population don't know what it is and what its use.

But bitcoin debit card is a very welcoming change. Only I wish the fees are lower though.

I think a debit card will cost you more in fees, am I wrong?
someone has told me that a debit card will slave you.
so I'm wondering what are the advantages of this thing?

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