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Topic: Bitcoin-Credit Card - page 2. (Read 3482 times)

newbie
Activity: 67
Merit: 0
March 06, 2018, 04:05:57 PM
For your kind information btcs are not much well than credit cards as their is a total cash back gurantee if sent to a wrong place via credit card
sr. member
Activity: 826
Merit: 265
March 05, 2018, 07:13:11 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?
yhe problem is how can we assured about the payments?what i mean is the assurance of the parties whos releasing the funds?do we have to out collateral?since we cant fill up the form to put our identity,but this one is cool because in my place theres a bitcoin atm ,so credit card or debit is fine with me.
newbie
Activity: 24
Merit: 0
March 05, 2018, 07:00:30 PM
Credit cards are not much smoother than btcs because btcs are much more safer and personal than use of cards
newbie
Activity: 34
Merit: 0
March 05, 2018, 01:10:18 PM
There btcs are prone to hacker attack much much more than the stealing of credit card numbers
hero member
Activity: 854
Merit: 500
March 02, 2018, 03:44:05 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?

I think its much better to see it as a debit card rather than a credit card. Credit means that you’re going to pay it as credit first while in reality you would have to have the bitcoin coins first in your account before you can make the purchase. That’s why I think it would be better for a bitcoin debit card. Its important that you align yourself foirst that this is a technology and innovation worth exploring to. With this we can utilize the coins much more better and we can actually make bitcoin great and have more positivity in it
member
Activity: 168
Merit: 10
March 02, 2018, 03:33:13 AM
I think they are bot alike because you have to cash in hand and you can pay something without bringing money, the only difference between them is that bitcoin works faster that credit card, because when you pay bitcoin no more signs or what so ever to finish transaction while in credit cards you need to sign after giving your card and bitcoin have no card yer so you pay using your mobile devices.
member
Activity: 393
Merit: 10
Decentralized Gaming Platform - Play & Earn $
March 02, 2018, 02:58:24 AM
it's a good idea to have credit card bitcoin in the country with a credit card bitcoin for them because they have a bitcoin machine they are abroad but should be 100% safe credit card with the machine to prevent you they do not have their bitcoin funds and are good at credit cards atm to get more people to know bitcoin
member
Activity: 260
Merit: 10
March 02, 2018, 01:46:40 AM
The bitcoin business are profit to another one of crdit card process.the fast transaction digital currencies involved to credit card process in the business cryptocurrency purchases on credit, and Capital One and Discover had already enacted their own bans. That means all of the top five credit card issuers have announced or implemented bans.the sources of crdit card used to online market
place.will refered should be bitcoin used to credit card manully working in system of maketting process.

full member
Activity: 715
Merit: 102
March 02, 2018, 01:44:42 AM
#99
seems to be about bitcoin credit cards, it depends on the policy of each government will be,
because as we know, currently there are still many issues surrounding the number of countries that reject bitcoin
newbie
Activity: 308
Merit: 0
March 02, 2018, 01:26:53 AM
#98
Without the introduction of Lightning Network fast transactions, bitcoin can not compete with cards and money from money. because this will cause big problems in the calculations. when sending bitcoin it happens to wait for a confirmation of the network, you have to wait more than a day in some cases.
newbie
Activity: 100
Merit: 0
March 01, 2018, 05:45:16 AM
#97
Everyone is going crazy over this card. Of course this is a good step that you have your own card, in a way it makes bitcoin and cryptocurrency more developed and more desirable for investors.
newbie
Activity: 70
Merit: 0
February 28, 2018, 04:35:38 PM
#96
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 plenty of ICOs that are suggesting and introducing a Credit Card. But, overall, I think having such a card from Bitcoin itself would be the biggest thing it could happen and the market would simply spike like never before.
Too bad there hasn't been any thought on this from the devs.
legendary
Activity: 2436
Merit: 1561
February 28, 2018, 04:18:42 PM
#95
...

You cannot directly relate a credit card from bitcoin because the two have diiferent concept. In terms of credit card, it is getting an item but you actually dont pay it yet and you have a credit out of it. While in bitcoins, you must have it first before you can purchase online. So you cannot directly relate bitcoin from credit card.

1- You're replying to post from 2015, the guy you're talking to is inactive for over 1.5 year.
2- people tend to use term 'credit card' when referring to any payment cards, including debit cards.


the rules that govern credit cards are the exact opposite of bitcoins,
1. no decentralization credit cards are tied to a bank or financial institution whist bitcoins uses no intermediary at all
2. bitcoins are anonymous whist credit cards transactions are completely traceable.
3. international payments are subject to approval by these banks and financial institutions whilst those done with bitcoin are not
these are just a few of those features that make bitcoins and credit cards vastly different, its clear however that bitcoins would be the winner or will be the winner when the playing field becomes level.

You shouldn't really be comparing credit/debit cards with Bitcoin. Correct comparison is fiat money Vs Bitcoin. Cards are just tools, another method of making payment. They can be "powered" by USD, but also by BTC (see bitcoin debit cards).

full member
Activity: 352
Merit: 125
February 28, 2018, 03:55:38 PM
#94
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?

You cannot directly relate a credit card from bitcoin because the two have diiferent concept. In terms of credit card, it is getting an item but you actually dont pay it yet and you have a credit out of it. While in bitcoins, you must have it first before you can purchase online. So you cannot directly relate bitcoin from credit card.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
February 28, 2018, 03:41:35 PM
#93
2. bitcoins are anonymous whist credit cards transactions are completely traceable.
You are wrong over here. Bitcoin is not completely anonymous. You and your transactions can still be traced, once you have been linked to your wallet. For this reason bitcoin is known to be pseudonymous rather than anonymous.
its clear however that bitcoins would be the winner or will be the winner when the playing field becomes level.
Based on the current situation, do you really think bitcoin is the currently the winner on financial situation?
sr. member
Activity: 462
Merit: 252
February 28, 2018, 03:27:35 PM
#92
the rules that govern credit cards are the exact opposite of bitcoins,
1. no decentralization credit cards are tied to a bank or financial institution whist bitcoins uses no intermediary at all
2. bitcoins are anonymous whist credit cards transactions are completely traceable.
3. international payments are subject to approval by these banks and financial institutions whilst those done with bitcoin are not
these are just a few of those features that make bitcoins and credit cards vastly different, its clear however that bitcoins would be the winner or will be the winner when the playing field becomes level.
newbie
Activity: 154
Merit: 0
February 28, 2018, 03:16:30 PM
#91
One thing to remember that btcs work in a common platform and has no branches like fiats so are more vulnerable to mass corruption
newbie
Activity: 62
Merit: 0
February 27, 2018, 11:38:28 PM
#90
I am a newbie and so unable to work it out sorry
full member
Activity: 378
Merit: 100
February 25, 2018, 09:19:08 AM
#89
credit cards are a great option for use in electronic IMO payment processing, this is much faster and easy to use but the cost is too high too the risk of using a credit card when you put it into every site and should be careful not to use it in every way. Cool
newbie
Activity: 210
Merit: 0
February 25, 2018, 08:03:53 AM
#88
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?
  Bitcoin and Credit cards are both can be used as payment , but they have different in process , in Bitcoin , if you want to buy something you must have a btc in your wallet while in credit card ,the bank will be  the one to pay thing you buy and you pay it later with the terms condition of payment.
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