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Topic: Coinbase Launches First Bitcoin Debit Card - page 3. (Read 2717 times)

legendary
Activity: 1540
Merit: 1003
November 25, 2015, 02:16:56 AM
#17
That's awesome news! More people are going to join BTC's ecosystem and use it more frequently!
Exchanges are the future banks.

lol at this guy's above comment.
i agree with you,on this sentence "Exchanges are the future banks." exchange will grow like bank,maybe they controlled bitcoin soon,we all know that exchange have a big amount of bitcoin.

I think that that is happening already bit exchanges are manipulating the bitcoin price, at least last time when the price reached 450+ it was supposed that big chinese exchanges are pumping the price, but the use of these debit cards i don't think will impact the price.
legendary
Activity: 1442
Merit: 1008
November 25, 2015, 02:10:27 AM
#16
That's awesome news! More people are going to join BTC's ecosystem and use it more frequently!
Exchanges are the future banks.

lol at this guy's above comment.
i agree with you,on this sentence "Exchanges are the future banks." exchange will grow like bank,maybe they controlled bitcoin soon,we all know that exchange have a big amount of bitcoin.
legendary
Activity: 1540
Merit: 1003
November 25, 2015, 12:40:44 AM
#15
This is country limited as far as i know this is only available in u.s
I don't think it works for the rest of the world.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
November 25, 2015, 12:39:31 AM
#14
That's awesome news! More people are going to join BTC's ecosystem and use it more frequently!
Exchanges are the future banks.

lol at this guy's above comment.
i think they not going to join btc ecosystem but going to convert btc to USD because when u try to use debit card it'll automatically convert your btc to USD, but besides of it,bitcoin debit card really help to make payment made easy
newbie
Activity: 54
Merit: 0
November 25, 2015, 12:35:32 AM
#13
That's awesome news! More people are going to join BTC's ecosystem and use it more frequently!
Exchanges are the future banks.

lol at this guy's above comment.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
November 25, 2015, 12:33:29 AM
#12
I think I will stay with Xapo. The people at Coinbase are to strict and you have to jump through a lot of security tests, stopping just before a Anal probe, before you can use their system. The 3rd parties have too much influence on your private financial matters.

Xapo offer a more pleasurable experience and lower fees. ^hmf^
legendary
Activity: 1820
Merit: 1001
November 24, 2015, 11:46:56 PM
#11
Nice to see another exchange hitting debit cards the more places that do this the better and simpler it makes using and paying with Bitcoin [selling small amounts of btc for usd] far easier than having to trade or sell coins.

ftfy
Lmfao thx for that. Tongue

To be honest if it is automatic like my other card, then so be it, I will end up using coinbaes. If they want me to provide a tun of documents to use then forget it I like my identity to be kept private.. I have a few BTC debit cards and 2 of them are automatic, so if I buy something it trades it for me and that exchange sells it, converts it to fiat, and allows me to process transaction or I can set it to fiat value and have that and sells again if I need to. Other one I have I have to load it with bitcoin, sell the coin in house, then have fiat funds, but their fees are shocking. Wonder what coinbase will set their fees at. Less fees = more user base and no doubt me using. If not then meh good luck with the adventure on them having the service. So many poping up and it will be a market in its own soon. Best low fee wins.

Private identity, coinbase, and visa debit card are not often all used in the same sentence. Pretty sure KYC will be mandatory for this, and it is starting in only some states of the US.

In some cases yes also depends on that exchange or service offering them. The ones I am on wanted basic information like address so recent utility bill or something of proof of address not like ID such as drivers licence and or passport. Sites asking me for such documents I hate as can use for other means and I had that happen a number of years back using some exchange to get approved on a bunch of things and about 8 months after odd things went on. And eventually had to get everything canceled and re ordered and sorted out. So despite how secure their site is unless their in my country and I can actually go down in person, speak to someone in person and fill out forms I wont submit shit.
sr. member
Activity: 392
Merit: 250
November 24, 2015, 09:11:42 PM
#10
Nice to see another exchange hitting debit cards the more places that do this the better and simpler it makes using and paying with Bitcoin [selling small amounts of btc for usd] far easier than having to trade or sell coins.

ftfy
Lmfao thx for that. Tongue

To be honest if it is automatic like my other card, then so be it, I will end up using coinbaes. If they want me to provide a tun of documents to use then forget it I like my identity to be kept private.. I have a few BTC debit cards and 2 of them are automatic, so if I buy something it trades it for me and that exchange sells it, converts it to fiat, and allows me to process transaction or I can set it to fiat value and have that and sells again if I need to. Other one I have I have to load it with bitcoin, sell the coin in house, then have fiat funds, but their fees are shocking. Wonder what coinbase will set their fees at. Less fees = more user base and no doubt me using. If not then meh good luck with the adventure on them having the service. So many poping up and it will be a market in its own soon. Best low fee wins.

Private identity, coinbase, and visa debit card are not often all used in the same sentence. Pretty sure KYC will be mandatory for this, and it is starting in only some states of the US.
legendary
Activity: 1820
Merit: 1001
November 24, 2015, 09:04:33 PM
#9
Nice to see another exchange hitting debit cards the more places that do this the better and simpler it makes using and paying with Bitcoin [selling small amounts of btc for usd] far easier than having to trade or sell coins.

ftfy
Lmfao thx for that. Tongue

To be honest if it is automatic like my other card, then so be it, I will end up using coinbaes. If they want me to provide a tun of documents to use then forget it I like my identity to be kept private.. I have a few BTC debit cards and 2 of them are automatic, so if I buy something it trades it for me and that exchange sells it, converts it to fiat, and allows me to process transaction or I can set it to fiat value and have that and sells again if I need to. Other one I have I have to load it with bitcoin, sell the coin in house, then have fiat funds, but their fees are shocking. Wonder what coinbase will set their fees at. Less fees = more user base and no doubt me using. If not then meh good luck with the adventure on them having the service. So many poping up and it will be a market in its own soon. Best low fee wins.
sr. member
Activity: 392
Merit: 250
November 24, 2015, 08:40:35 PM
#8
Nice to see another exchange hitting debit cards the more places that do this the better and simpler it makes using and paying with Bitcoin [selling small amounts of btc for usd] far easier than having to trade or sell coins.

ftfy
legendary
Activity: 1050
Merit: 1001
November 24, 2015, 08:32:14 PM
#7
This has been mentioned already.
I believe there is a thread in the press sections with a lot of responses and reactions already.
i dont know that post before i post this,and i think i post this at same time with someone else,or just late for a minute.
and i think not everyone open press section  Wink
hero member
Activity: 994
Merit: 500
November 24, 2015, 07:25:20 PM
#6
This has been mentioned already.
I believe there is a thread in the press sections with a lot of responses and reactions already.
sr. member
Activity: 300
Merit: 250
November 24, 2015, 07:24:42 PM
#5
I really hope this comes to europe too!
legendary
Activity: 1050
Merit: 1001
November 24, 2015, 07:19:18 PM
#4
Nice to see another exchange hitting debit cards the more places that do this the better and simpler it makes using and paying with Bitcoin far easier than having to trade or sell coins.
yes me too,and as coinbase user like me,its a good thing. lets hope bitcoin far easier as you think.
i love this debit card design,look elegant and luxury.would be my pleasure to get this one sometime.
legendary
Activity: 1820
Merit: 1001
November 24, 2015, 07:02:53 PM
#3
Nice to see another exchange hitting debit cards the more places that do this the better and simpler it makes using and paying with Bitcoin far easier than having to trade or sell coins.
legendary
Activity: 1050
Merit: 1001
November 24, 2015, 07:00:50 PM
#2
I'd say this would be better suited in the press section.
i'm think so,but i'm late to think about that,and i hope its a good new,and about this section,i just want to share somewhere,i'm sorry for unhappy.
legendary
Activity: 1050
Merit: 1001
November 24, 2015, 06:41:43 PM
#1
Coinbase has presented what it cases is the first U.S.- issued bitcoin charge card, the Shift Card. This is a VISA check card that permits Coinbase clients in 24 U.S. states to spend bitcoin online and disconnected from the net at more than 38 million shippers around the world, the organization reported on its site.
https://www.zapchain.com/a/l/coinbase-launches-first-bitcoin-debit-card/UsLEu1NC9e
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