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Topic: Bitcoin-Credit Card (Read 3490 times)

full member
Activity: 378
Merit: 104
March 16, 2018, 03:44:58 PM
I would love to see a pure bitcoin credit/debit card, but that would require businesses to accept crypto. I think that's a bit down the road still.
member
Activity: 378
Merit: 10
March 14, 2018, 07:06:53 AM
Now there are many cards using bitcoin! but so far they are not in great popularity! while the beacon and the master of cards warred bitcoin! and until this war is over, the popularity and development of credit cards will be slow! ps thanks for the information on the existing cards!
member
Activity: 182
Merit: 11
March 13, 2018, 10:26:25 AM
for me its both. because you can do a similar thing credit card to bitcoin. for example, you can use credit card to withdraw your money and also in bitcoin you can withdraw your money any but you dont need to use a card. but its a lots of similarities from the two.
newbie
Activity: 42
Merit: 0
March 13, 2018, 10:19:51 AM
Should be ETH-Credit cards as well.
The world of cryptocurrency debit cards has been growing a lot more competitive lately. Several companies held ICOs over the past year to raise money for such projects. Three main debit cards are on a lot of people’s radars right now, although it remains to be seen whether any of them will make an impact. These cards all have promise if their teams can deliver, though. It is great to see support for Ethereum generated by these cards, as that is pretty unusual.
TOP 3 projects: Tenx, Token Card and Monaco.
member
Activity: 176
Merit: 10
March 13, 2018, 09:27:08 AM
Well, I think there is a fine line between bitcoin and credit cards.
Bitcoin: the transactions are fast and very easy when it comes transfering money anywhere.
Credit card: works best at withdrawing money from the ATM machines. Yet can't withdraw your bitcoins from ATM without the credit card these days. 
member
Activity: 476
Merit: 12
March 13, 2018, 09:05:51 AM
People are becoming increasingly accustomed to using bank cards. Now, with the increasing penetration of mobile and P2P payment systems, the necessity to use cash is quickly becoming obsolete. 
Which do you think is the relation between bitcoin and credit card? Don't you think the use of credit card works as the same way as bitcoin does?
Given the current situation, Bitcoin is arguably the most valuable currency on the market, but to say that Bitcoin credit cards are difficult is because many people still do not know Bitcoin. Improving on currency issues is difficult.
member
Activity: 546
Merit: 15
March 13, 2018, 08:16:15 AM
In a few years ATMs for bitcoin will be in many countries. Already, there are such ATMs in many countries of Europe and America. Progress can not be stopped.
newbie
Activity: 84
Merit: 0
March 13, 2018, 07:12:42 AM
I recommend that all beginners begin training and find a good leader.
member
Activity: 602
Merit: 10
March 07, 2018, 04:15:54 AM
In many countries there are already ATMs for bitcoin, as well as credit cards for which you can put your bitcoin and use it as a normal credit card. For example Xapo.
member
Activity: 112
Merit: 12
March 06, 2018, 07:16:56 PM
Interesting idea! Bitcoin credit card would be convenient for people in future, but it will be possible if bitcoin will more stable
member
Activity: 420
Merit: 10
March 06, 2018, 05:56:18 PM
.l
People are becoming increasingly accustomed to using bank cards. Now, with the increasing penetration of mobile and P2P payment systems, the necessity to use cash is quickly becoming obsolete. 
Which do you think is the relation between bitcoin and credit card? Don't you think the use of credit card works as the same way as bitcoin does?
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If it is possible that Bitcoin could be withdrawn cash from the ATM machine thats been gooD  to hear about. The banks Will get involve to that because  you can not open a credit card  but no other than them. It depends if one of those projects of Bitcoin Will provide or issue of such credit Cards for the Bitcoin users. However, if credit Cards from the banks Will be used, then it could Help local banks for Its productivity as well. But somewhere in America, as what I read it from this forum that you can withdraw your Bitcoin to cash from the ATMs out there.
sr. member
Activity: 726
Merit: 251
March 06, 2018, 05:51:38 PM
For me currently only bitcoin credit cards can be bought but maybe with some credit card items will also do this step. What could be a problem for them as the bitcoin price fluctuations because of the credit card you are buying now becomes difficult to determine some actual costs. Cool
member
Activity: 251
Merit: 10
March 06, 2018, 05:46:35 PM
Well I think it does not smoke the same because with credit cards banks charge us interest while bitcoin gives us profits in multiple ways there is a big difference and our bitcoin platform is more secure while the credit card can be lost and they do not accept it in some countries while bitcoin is already declared the safest cryptographic virtual currency in the world
full member
Activity: 854
Merit: 108
March 06, 2018, 05:10:55 PM
People are becoming increasingly accustomed to using bank cards. Now, with the increasing penetration of mobile and P2P payment systems, the necessity to use cash is quickly becoming obsolete. 
Which do you think is the relation between bitcoin and credit card? Don't you think the use of credit card works as the same way as bitcoin does?

It works because they are the same digital transactions and process but different scope. Using credit cards it means a credit or a debt which oblige you to pay the interest, transactions and worst thing is the late fees if ever you did not pay on time but using Bitcoin for any transactions will make you at ease and disciplined because you are avoiding debt.
newbie
Activity: 39
Merit: 0
March 06, 2018, 05:05:59 PM
I like the idea somewhat but i also think it's two worlds that should not be intertwined.
member
Activity: 378
Merit: 10
March 06, 2018, 04:57:44 PM
Now there is a very serious war between bitcoins, visas and master cards! There were already a lot of restrictions that some cards can not serve the crypto market! This war will go on for a long time, because very large capital has selected bitcoin from the visas! I think not soon there will be maps that will serve bitcoin!
full member
Activity: 728
Merit: 103
March 06, 2018, 04:55:28 PM
I think the only way it would work is if it was a pre-pay card which was topped up with bitcoin and then each day a set price is made for the conversion. It would be possible to link it to exact price at transaction due to the slow speed of transaction and volatility of the price
sr. member
Activity: 616
Merit: 251
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March 06, 2018, 04:52:03 PM
Credit cards are not much smoother than btcs because btcs are much more safer and personal than use of cards
Bitcoin would need a lot of money in it, more than it does now for it to be a credit card. Bitcoin is not the same as the United States Dollar.
full member
Activity: 378
Merit: 104
March 06, 2018, 04:49:52 PM
People are becoming increasingly accustomed to using bank cards. Now, with the increasing penetration of mobile and P2P payment systems, the necessity to use cash is quickly becoming obsolete. 
Which do you think is the relation between bitcoin and credit card? Don't you think the use of credit card works as the same way as bitcoin does?

There are certainly cards now and still coming out, that are good for conversion of bitcoin to USD for immediate use... But I would love to see a pure bitcoin credit/debit card, but that would require businesses to accept crypto. I think that's a bit down the road still.
newbie
Activity: 84
Merit: 0
March 06, 2018, 04:48:05 PM
Credit cards are different to Bitcoin. Credit cards charge users after they have bought something, whereas in Bitcoin, money is stored in your Bitcoin account and deducted from it when you make a purchase. I would say credit cards are easier to use but I would rather use Bitcoin as it is also a good investment. As the price of Bitcoin is rising now, I am also earning money even after I purchase something. I also don't like the fact that banks charge you more if you pay your debt back late, I am a forgetful person and that's why Bitcoin works for me. People have different views on this subject but that is my opinion.
I really agree to this good opinion. As a banker several years ago, I would like to say that btc is different from credit card. It will be more suitable to compare btc, let say btc card with debit card.In daily transaction these products can support each other, they can take the same function. The most important thing to do is issuing law or regulation regarding bitcoin that can be accepted globally to support bitcoin.
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