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Topic: bitinstant paycard - page 8. (Read 26600 times)

legendary
Activity: 916
Merit: 1003
August 21, 2012, 12:29:13 PM
#88
I'm guessing a SSN/Tax ID is going to be required for AML/PATRIOT ACT bullshit.

Absolutely.  The gubment isn't gonna let anyone do electronic transactions in USD without the mark on their forehead.
legendary
Activity: 1680
Merit: 1035
August 21, 2012, 12:25:32 PM
#87
Kinda sucks that the wait is still up to ten minutes. Otherwise I would use this card while empty, on purpose, then say excuse me and load it up from my phone's Bitcoin waller right in front of them. Seeing charging a card up so quickly from a phone, directly to the card (scanning the QR code on it) will be a sufficiently unusual thing for them to start asking questions about. Maybe I'll just do that at 2pm after the lunch rush is over and they are empty.
newbie
Activity: 28
Merit: 0
August 21, 2012, 10:31:47 AM
#86
Pre-ordered!
hero member
Activity: 686
Merit: 500
Wat
August 21, 2012, 08:08:18 AM
#85
Im scared if I leave this in the house the wife will spend my coins  Cheesy
legendary
Activity: 1106
Merit: 1001
August 21, 2012, 08:04:32 AM
#84
So, once everyone has the cards, no-one will ever need to use them again.  Grin
Maybe some bankers can actually read the writing on the wall and will not go extinct.

Only a matter of time until a bank, likely a Swiss one, allows you to have an account in BTC  Grin
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
August 21, 2012, 08:02:17 AM
#83
So, once everyone has the cards, no-one will ever need to use them again.  Grin
Maybe some bankers can actually read the writing on the wall and will not go extinct.
sr. member
Activity: 426
Merit: 250
August 21, 2012, 04:02:43 AM
#82
Will I be able to buy the paycard itself with bitcoins?
hero member
Activity: 695
Merit: 502
PGP: 6EBEBCE1E0507C38
August 21, 2012, 01:41:09 AM
#81
Sign me up for the first 1000 freebie.

I'll use it every where I go, unless I can talk them into a direct bitcoin payment.

full member
Activity: 169
Merit: 100
Firstbits : 1Hannes
August 21, 2012, 01:36:54 AM
#80
Took me a while to realise how cool this actually is. Not just for the additional convenience it provides to those allready using bitcoin, while the rest of the world is still stuck in the dark ages, but also for the vast number of new users that will come to hear of bitcoin for the first time because of this.

The card looks sufficiently unlike a run-of-the-mill mastercard, that you are likely to get a question about it if you are paying for lunch with it (especially if you first load it from your phone). If other bitcoiners are anything like me, that is all the excuse they need to ramble on about bitcoins and how awesome they are until the listener's ears are bleeding  Wink.

Not only that, but someone learning about bitcoins in this context (i.e. seeing someone pay for something in the  real world using bitcoins) will be much less likely to form a snap decision that they are "play money" or ultimately worthless. This bias towards the physical is what makes Cascascius coins so popular and such a powerful marketing tool for bitcoin itself. But  the card is even better, because merchants everywhere accept it.

A significant fraction of those introduced to biitcoin in this way will be the merchants themselves and any merchant who digs a little deeper will soon realise that he could have save a bundle on card charges if he simply accepted the bitcoins directly.  So, once everyone has the cards, no-one will ever need to use them again.  Grin

Go Charlie!
hero member
Activity: 924
Merit: 1000
August 20, 2012, 11:03:57 PM
#79
Im sure that the first 1k will be reserved within a week..Or sooner...
legendary
Activity: 1470
Merit: 1002
Hello!
August 20, 2012, 09:53:21 PM
#78
Signed up, this is cool  Wink
hero member
Activity: 721
Merit: 503
August 20, 2012, 06:45:19 PM
#77
So how would you fund the debit card/credit card? and if you live in Canada can you still get one Smiley

The cards will have a bitcoin address and QR code on the front, you can send BTC to the card using that.
hero member
Activity: 486
Merit: 500
August 20, 2012, 06:34:34 PM
#76
So how would you fund the debit card/credit card? and if you live in Canada can you still get one Smiley
full member
Activity: 218
Merit: 100
Firstbits: 19e3fc
August 20, 2012, 06:34:30 PM
#75
Updated first post and topic name.
legendary
Activity: 1680
Merit: 1035
August 20, 2012, 06:29:16 PM
#74
Any word on whether I'll be able to register two or three cards under my LLC name? (I can provide my real name and all AML requirements for myself)

(signed up anyway)
hero member
Activity: 742
Merit: 500
August 20, 2012, 05:14:01 PM
#71
hero member
Activity: 721
Merit: 503
August 20, 2012, 05:11:54 PM
#70
I'd want 2 or 3 when they're out and if there is anywhere to sign up for one of the first please point me to it Smiley

https://docs.google.com/a/bitinstant.com/spreadsheet/embeddedform?formkey=dHZtVkZSVm92X0otR2gzb3UtckFVNVE6M
full member
Activity: 176
Merit: 100
August 20, 2012, 03:48:57 PM
#69
Brilliant idea. Loading a debit card with BTC absolutely great.  Smiley
I wonder which banks are involved. Banks within EU or non-EU banks?


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