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Topic: Bitcoin Debit Card! (Read 2073 times)

sr. member
Activity: 412
Merit: 250
October 15, 2012, 12:53:38 AM
#30
I wouldn't use debit cards. Duh. I'd develope my own card. There is no need for a network. Only a interwebs connnection,!! Gah no one hears me right. There is no server doing the work. The wallet is the card. The card reader just supplies internets.
full member
Activity: 126
Merit: 100
October 14, 2012, 07:04:15 PM
#29
If you use debit cards you gota pay fees to the card machine operator.

What I would prefer to see is a simple phone app for payments.

Everyone has a mobile phone even shop keepers and you could pay by putting your
phones near each other maybe bluetooth, usb, or internet.

Using the phones the infrastructure is already there and you don't have to pay for it.

We need to get Bitcoin mainstream and so simple to use anyone can use it.
A simple to use Android and Apple payment app would help make the economy.
And get the cool kids using it, maybe you could pay 'em 0.01 coin pocket money,
for watching coca-cola ads or something, and bring in ad revenue to pay the coins to kids.
sr. member
Activity: 412
Merit: 250
October 14, 2012, 12:37:06 PM
#28
The fees would cover cost of the card and the future developement.
5 bitcoin gets us like 35 gbp which isn't bad for a one off. It would also go to marketing of the product to the shops. There is no transaction fee becuse the card is doing the work . No servers. The card reader would store the blockchain and have connection to the internets. The card would be a smart card. So it wouldbe able thread the blockchain from the device and then do the transfer using the internets connection on the device. The card would be the only one to deal with private key etc.
I would also like to print bitcoin moneyaswell. With a custom tailor application to transfer money from the note onto the shops wallet and then shop discards of the money.
full member
Activity: 136
Merit: 100
vip
Activity: 1316
Merit: 1043
👻
September 18, 2012, 04:01:32 AM
#26
What are the fees?
newbie
Activity: 8
Merit: 0
September 18, 2012, 12:07:33 AM
#25
Might be worth it. Competition is always good.
member
Activity: 88
Merit: 10
W Investment Technology Research Center
September 17, 2012, 07:12:11 PM
#24
cool.
sr. member
Activity: 412
Merit: 250
September 17, 2012, 02:23:57 PM
#23
Cool.
newbie
Activity: 30
Merit: 0
August 31, 2012, 03:59:34 PM
#22
Just as a survey to see if people like the idea. The card would hold the wallet.dat file on its memory and also it would hold a pin to decrypt the wallet. The card reader would have a record of all the blocks etc.
It would make bitcoins more feasible as a payment solution. We would use java chip cards so they can be programmed. Bt I'm not use wether 80k is enough for memory. Or wether we need more!
http://www.smartcardsource.com/contents/en-ca/p3_J2A080.html


It would mean bitcoins could be used in the real world! Not just inside the interwebs!


I want some form of BTC wallet I can link to my bank account/pay pal so I can make transactions instantly, could be risky though.
sr. member
Activity: 412
Merit: 250
August 31, 2012, 01:21:47 AM
#21
Ok. Sounds good. Anybody got ideas for it so suggestions ?
newbie
Activity: 3
Merit: 0
August 30, 2012, 08:27:16 PM
#20
no thanks
member
Activity: 70
Merit: 10
August 30, 2012, 05:47:59 PM
#19
Its not like you can run bitcoind on a smartcard. Its all or nothing.

Is that true?

I thought I read a thread recently in which this was talked about.
newbie
Activity: 7
Merit: 0
August 30, 2012, 03:19:17 PM
#18
This trick in BTC dept cards more vendors don't want Bitcoin. Bitinstant.com wants to do this at market rate on each transaction. There is also going to be fee's but this is understandable due to the risks involved. Especially due to the charge back problem of using MasterCard. 

getting bitcoin to put MasterCard out of business is going to be next step. Its going to take the ability for vendors to get dollars into there bank account without all these fee's.

ie. Transaction goes on the network and instantly some one buys up those coins and deposits cash into vendors account.
member
Activity: 75
Merit: 10
August 30, 2012, 02:43:16 PM
#17
Too much hassle,not worth it.....
hero member
Activity: 868
Merit: 500
August 30, 2012, 02:39:28 PM
#16
I like the idea.  It would certainly bring bitching to the masses.
newbie
Activity: 9
Merit: 0
August 30, 2012, 02:03:26 PM
#15
Unnecessary.
sr. member
Activity: 412
Merit: 250
August 29, 2012, 12:37:43 PM
#14
Yes... It could cost a bit to get custom data size but hey!
I was thinking as our competition is doing you pay in bitcoins but they change it to usd.
Im thinking we do you pay in bitcoins straight through? Like option 1 or 2
So you pay in local currency or your pay in bitcoins.?
I prefer 2 as its different from competitors!
newbie
Activity: 8
Merit: 0
August 29, 2012, 07:44:03 AM
#13
thats a good idea man... Smiley although i think 80k is not enough to store the data
sr. member
Activity: 412
Merit: 250
August 29, 2012, 01:46:22 AM
#12
Mine will be different as it won't be owned by a company each card might cost like 5 bitcoins but that goes towards developement and our pay but we don't charge transaction fees etc. it would be th epeople card.
People would vote for the best ideas for it!people would design the graphics and vote.
sr. member
Activity: 412
Merit: 250
August 26, 2012, 12:10:33 PM
#11
It wouldn't be to ha to custom tailer a device to work for this maybe a very very very small bitcoin client on a soc etc  it would be a different system I would create a specialized program for the crd reader and the card so it could be possible for private keys to stay private! It wouldn't be 3rd party as I don't think normal card readers work that well with this sorta chip.
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