Credit card for bitcoin users | Bitcointalksearch.org

ruskytailz02

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Quote from: Raffy11 on November 23, 2017, 04:10:58 AM

Would you agree if they will release a credit cards for all btc users . I think it can help alot to make transaction fast and also btc will be famous if that happens

I think he/she means like a ready to access no internet and loaded in to a hardware like nfc's etc something like that.
as a matter of fact there is a person who stores his coins in his hands and it is like a credit card for him. he will touched only the scanner and the payment will done or something like that..
it is much more easy than sending and taking addresses right?
I think the creator of this thread meant what I was saying hehehehehe
take not ditcoin also making a new way of credit card or something like that heheheh

kingkonjac

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well there are so many options of altcoins who issue a credit card where you can put your btc as well, but btc can`t issue a credit card as it is a decentralized thing.

PuertoLibre

legendary

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Visa already blocked all crypto related cards on my country. Mastercard works well but there are delays on payment system. If you cant beat it join before losing the game. Visa should do something about it before it is too late.

Vannie12

full member

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The concept is good I guess. But dream big. I would like a universal credit card that can be accepted by any banks. There can be a system where in you are the one who manually transfer the amount from your crypto wallet to the card, the amount would be in fiat or USD for it is quite the medium being used. So that it will be easier to withdraw wherever you are.
On the other hand, I guess fees will be huge Grin

Vinodam

newbie

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The invent of Credit card for local currency makes financial transaction easy and reduced risk of loss of local currency. also make purchases online and in business places handy and seemly. So having a credit card for btcoin user is applauable. making transactions with bitcoin anywhere with credit card as an equivalent of the local currency you're purchsing something with. Its a very robust idea.

goku21

jr. member

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bitcoin is a good credit card for a single withdrawal to do abroad there is a bitcoin machine there that bitcoin and legit may be withdrawn from the bitcoin there because the government approves the bitcoin in their country so It's a good idea to have a bitcoin credit card but should be 100% secure bitcoin

datodota002

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why we should use credit card for bitcoin?? while we have wallet to make instant payment, credit card is very vulnerable of carding and stolen information, it will be very dangerous to transaction with that card especially if you have a lot of bitcoin on that credit card.

Tonestra

newbie

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Many functional credit cards have evolved over time. In the future bitcoin credit cards will become the prevailing payments instruments in the world

coinbitw

newbie

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Quote from: Raffy11 on November 23, 2017, 04:10:58 AM

Would you agree if they will release a credit cards for all btc users . I think it can help alot to make transaction fast and also btc will be famous if that happens

Yes, definetely for easier and quick transactions but somehow it will take risks (many possible situations - fraud, hacking, scam and many more) and can affect the whole Bitcoin community/users. We can notice that even though it is not yet established, Bitcoin its name is famous and a huge name for everyone notice it

mekie

member

Activity: 308

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A credit card would not work as others have said, the risks would be to great for any institution to handle-due to the fluctuations in BTC value, debit cards exist that allow you to spend in fiat currency and pay the card in crypto.

VanKleiss

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Activity: 231

Merit: 10

Quote from: Raffy11 on November 23, 2017, 04:10:58 AM

Would you agree if they will release a credit cards for all btc users . I think it can help alot to make transaction fast and also btc will be famous if that happens

Debit card is the most suitable for bitcoin adoption. There are already a token like Monaco and TENX that would provide this kind of service where you can use their card and convert your cryptocurrency into fiat to make a purchase.

klavyemaus52

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Its would be cool its would be to easy to transfer and easy to gain if its will be i will get this card

gabmen

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Quote from: Raffy11 on November 23, 2017, 04:10:58 AM

Would you agree if they will release a credit cards for all btc users . I think it can help alot to make transaction fast and also btc will be famous if that happens

And who will release a credit card for bitcoin users? Banks? Lol. Not gonna happen dude. And its not wise to use money you don't have for something as unstable as btc. It's not even for consideration dude. Logic says invest only what you can afford to lose. Using credit cards doesn't only violate that, you're spending money that's not yours

nagobinga

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it's good if there are credit cards for bitcoin players but where the manufacture may have to go to neighboring countries first to make it or in indonesia there is a place, please let me know.

Boximuss

newbie

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I think, for the majority of people, credit cards loan is an evil. Undecided

jona

member

Activity: 266

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Pretty good if it will be made available,because this will make transactions easier and comfortable,no stress of finding away to convert your bitcoin to local fiat currency.

weston4mills

member

Activity: 308

Merit: 10

With a card transactions could be easier for some people. You don't need your PC for that so yes, it is a good idea

Alexoxyevwii

newbie

Activity: 30

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If the card was debited, it would be good) But it is a credit card. How will you control costs when the course is constantly changing.

BTCeminjas

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Quote from: Raffy11 on November 23, 2017, 04:10:58 AM

Would you agree if they will release a credit cards for all btc users . I think it can help alot to make transaction fast and also btc will be famous if that happens

Surely that idea won't work, bitcoin is decentralized no one behind in this crypto currency and also the price it is not stable of being volatility. Debit card it means you spend you own money while credit card something to borrow just to spend. Then who was managed on this it needs more stuff to work. But we can't predict if there's some one company to manage this kind of proposal.. Maybe!

Shendy23

member

Activity: 112

Merit: 10

I think that would be great for those someone who has high salary a month or a rich person because imagine how credit cards make you non stop buying things and after that you pay so many debt on the bank so credit card is nice but i think not all will apply to that.

Topic: Credit card for bitcoin users (Read 743 times)