No not yet.Given the slow speed at which people are adopting bitcoin in my country,I doubt if I can buy anything with bitcoin in next 5 years
Why? Debit cards don't exist in your country? You can get an international BTC Debit card and it work as long as your stores accept debit/interact. And then you can use BTC all over the world with online sellers.
Debit cards do not have high limits unless verification is gone through. Since you have to go through verification, you would expose yourself to the risk of identity theft. There are various restrictions on the area of service too, the loading fee is also very high.
Really? Not sure what card you're basing this on but even the Bit-x one, loading is free. Its not even loading, it just use your BTC wallet balance. The catch is currency conversion rate, they keep 2.5-5%.
That i cannot argue, is too much. And the limit for anonymous is 300$. For a daily things, doing the grocery, buying small stuff, its perfectly sufficient.
But its true i don't do it that way, its still too expensive. Instead, now i just sell BTC and send the money to my bank account. I used to use Bylls.com to drop it in my credit card, but now Coin Base support Canada and its 1%+1$ but Coin Base price is 1.6% over BTC price. Meanwhile the transfer only take under 1 day.
I wouldn't really count in using Bitcoin debit cards as buying goods or services for Bitcoin. This is just a workaround of us, the Bitcoin community until we don't grow enough to be able to spend our BTCs directly with merchants.
And this is also a quite expensive workaround and I don't see people using this in a long run. They are better off paying with their credit cards and use bitcoins only with merchants that accept them directly.
But 1% isint bad, even credit card take 2.5% or more from the merchant. The difference in price is why many online retailers has added bitcoin through payment processors to their checkout.
Even if the payment process take 1-2%, its still better than credit card. So overall if for instance CoinBase made a credit or debit card for their online wallet for 1%, it would still be a reasonable service.
As thus, the ability to send cash to my bank account within 24 hours for 1%+1$ is reasonable to me, even though i'm biased by previous method. If the seller could eat the 1% fee for the buyer on the account of saving some % compared to credit card, that would be pretty cool however.