Topic: Bitcoin-Credit Card - page 3. (Read 3490 times)
Now banks govt planning to stop credit card purchase of Bitcoin . Mostly many country are banning credit card because of Bitcoin voality
You load it up with Bitcoin...
This is the exact opposite of credit - what you're talking about is debit. Very different things, so it's better not to keep confusing them all the time like people tend to do. Credit and debit work entirely differently and have entirely different requirements.
I have participated in so many campaign that intend to work on debit card for cryptocurrencies. So the possibility of debit card adoption is sure not credit card.
It does, and there's already hybrid Bitcoin and credit card thing, it's called Bitpay. Personally I don't have a Bitpay card but I've only heard good things about it. You load it up with Bitcoin and then you can go anywhere and spend it like a debit/credit and the company behind it figures out the fair USD/BTC market value of the transaction and properly charges it.
In my country i have not seen people using bitcoin credit cards,so i will not say much of it,if i got the privilege to use such i will accept and prefer it.
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 is easier when you used it as a credit card. Since lots of your earnings in bitcoin are save in yoir online wallets.It is widely similar from old credit card who usually used. And they need to talk about how it is when paying annual. 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?
if we used bitcoin credit card so we can it use forever every place.come changed bitcoin payment system .it was very good for bitcoin user but for credit card need every user identity and details.
I see credit card, debit card and the introduction of bitcoin as the necessities of the cash less system that almost all the region of the world is driving to. The cashless society can't be achieved where we don't have means to see it through.
On the other side of it, I think both credit card, debit and bitcoin are similar in the sense of notification of transactions. In the transaction of bitcoin, apart from the actual fraction sent out, a transaction fee is charged on the sender's wallet directly while for debit card, the bank does its deduction and sends alert to card owner, also credits the receiver's account .
On the other side of it, I think both credit card, debit and bitcoin are similar in the sense of notification of transactions. In the transaction of bitcoin, apart from the actual fraction sent out, a transaction fee is charged on the sender's wallet directly while for debit card, the bank does its deduction and sends alert to card owner, also credits the receiver's account .
There are some bitcoin credit card already i think.Xapo card launched last year.
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?
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 is no relationship between Bitcoin and credit cards. The purpose of credit card is not the same as Bitcoin. From the word itself, credit card is use for debts. The bank will pay your transactions and you will owe them in which you need to pay later. In Bitcoin, you will pay your transactions from the Bitcoin you hold.
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?
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?
Bitcoins and credit cards is pretty much the same but bitcoins is only applicable if they will implement a cryptocurrency payment method. There are online companies today who are also interested on investing in cryptocurrency that's why amazon and some of the porn industries has already created a payment method in order to earn bitcoins as well.
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'm confused too ... I have to try to create the credit card with bitcoin but need to verify with credit card bank 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?
maybe for identity
Annual fee will be awkward and the status of each cards will be discussed... it will be not futuristic.
Debit cards Coinsbank give users access to their funds on CoinsBank accounts. Cards can be used to withdraw money from almost any ATM throughout the world. CoinsBank cards also offer bonus points to cover expenses made with the card.
This idea is great and there is a so called Crypto Bank already. However, a Bitcoin Bank Institution must be established and legalize in order to proceed with this. Credit card works with bank and if that happens, all transactions are recorded and just like other any other banks, transactions can be reversible which contradicts the principle of decentralization which is non-reversible. Most definitely it will be an ease to long wait of withdrawal as it will be an instant transactions. I just hope that the interest rate would be lower if there is any than the leading banks and that it will be offered without any Annual Membership fee so that everybody can enjoy it.
They had a good few debits cards there for awhile till wavecrest close .It was very convenient to get fiat money quick .
Since banks hold reserves equal to only a fraction of its liabilities in cash this would be very difficult for Bitcoin or Cryptos in general. A bank or issuer needs to hold the asset before customers can spend it. This would make the whole business case very expensive for banks / issuer regardless of the risk due to high price fluctuation.
Or do i miss something here?
Or do i miss something here?
Credit card, as the name implies, assumes you take credit for a payment. With bitcoin you actually need to have the coins at the moment of purchase.
A debit card would be a better comparison.
A debit card would be a better comparison.
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?
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?
Its would be nice to have it like credit cards too, it would be much easy and handy, and too some who doesnt need the internet to have their moneys its completely a good strand if so.
Hello,
In my country it is forbidden to deal with cryptos.
So I think the best way for me to get back my invest is to use Bitcoin worldwide credit card, but till now I did not find the perfect one to use
Any ideas ?
Thank's
In my country it is forbidden to deal with cryptos.
So I think the best way for me to get back my invest is to use Bitcoin worldwide credit card, but till now I did not find the perfect one to use
Any ideas ?
Thank's
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