I'm just saying that it's more profitable to keep bitcoins and using fiat from your salary to buy stuff.
Sell bitcoin during the next bubbles for profit, don't even use it for anything (including, bitinstant credit card).
I think that's how most people think.
In short words, the appearance of bitinstant credit card won't have any effect at all because people won't touch it.
I think that makes no sense. Everyone in the Bitcoin world will use this card. It's amazing. Why would anyone exchange their bitcoins to fiat any other way than this card? It's more convenient than anything and the fees are competitive to any other method of cashing out bitcoins.
I never sell all of my bitcoins because I'm in it for the very long term but I occasionally sell some to limit my risk or if I just need fiat. This card is the perfect method for exchanging bitcoins to fiat. I simply deposit the bitcoins to this card and use the card for all my purchases until I've "cashed out" the amount I wanted to cash out.
That card, if they can deliver it with the fees they promise, is a complete game changer. It will actually change the entire dynamic of the btc/fiat exchange. BitInstant will be the biggest seller in the entire market and everyone else just uses the card to exchange from BTC to fiat.
Not everyone will of course, but a lot of people will. With those fees, that is guaranteed. People who require high anonymity will not touch these cards though so they will not use them regardless of the fees.