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Topic: Shift - Bitcoin Visa Card - now available in the US - page 2. (Read 4780 times)

legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
Well, I got my Shift card today, tied to Coinbase for BTC.  Activated and ready to go. What should I try and buy first? Kind of excited to try it out and see how it works.
Buy a cup of coffee on Starbucks! Grin
legendary
Activity: 910
Merit: 1000
Should work like any other credit card.
hero member
Activity: 882
Merit: 500
Where am I?
Well, I got my Shift card today, tied to Coinbase for BTC.  Activated and ready to go. What should I try and buy first? Kind of excited to try it out and see how it works.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
We already have this cards like bit-x in almost one year now. There is nothing new here
Bit-X is a scam with large fees and merely a 'prepaid' card.  You sell your bitcoin to someone who loads your prepaid card with value. it is not a true bitcoin card at all.  Coinbase is a card which has a deposit account backing that is done in bitcoin.  You hold bitcoin all the time.  When a charge comes in, some bitcoin is converted to $$$ to pay the merchant.  Totally different thing.  Bit-x doesn't do US.  Bit-X has shitloads of fees.  Bit-X is a prepaid card.  You could sell coconuts to some lunatic who would put $100 on a prepaid card.  Does that make it a 'coconut Visa'?  no, it just makes it a prepaid card getting charged up by some coconut dealer.  Coinbase has a completely different system. 

It's kinda a harsh calling something a scam when you had all the fees and the way of doing business laid out in front of you before you have subscribed for a service.

I am not saying Bit X cards are perfect but they are definitely not a scam!
legendary
Activity: 3248
Merit: 1070
We already have this cards like bit-x in almost one year now. There is nothing new here
Bit-X is a scam with large fees and merely a 'prepaid' card.  You sell your bitcoin to someone who loads your prepaid card with value. it is not a true bitcoin card at all.  Coinbase is a card which has a deposit account backing that is done in bitcoin.  You hold bitcoin all the time.  When a charge comes in, some bitcoin is converted to $$$ to pay the merchant.  Totally different thing.  Bit-x doesn't do US.  Bit-X has shitloads of fees.  Bit-X is a prepaid card.  You could sell coconuts to some lunatic who would put $100 on a prepaid card.  Does that make it a 'coconut Visa'?  no, it just makes it a prepaid card getting charged up by some coconut dealer.  Coinbase has a completely different system. 

bit-x was free at the beginning for many user, so it's the same situation for this card free at the start and then enormous free it's a market gimmick

but it was no where near something that i would call a scam, bit-x is still here they are not running away with any money...
hero member
Activity: 910
Merit: 1000
We already have this cards like bit-x in almost one year now. There is nothing new here
Bit-X is a scam with large fees and merely a 'prepaid' card.  You sell your bitcoin to someone who loads your prepaid card with value. it is not a true bitcoin card at all.  Coinbase is a card which has a deposit account backing that is done in bitcoin.  You hold bitcoin all the time.  When a charge comes in, some bitcoin is converted to $$$ to pay the merchant.  Totally different thing.  Bit-x doesn't do US.  Bit-X has shitloads of fees.  Bit-X is a prepaid card.  You could sell coconuts to some lunatic who would put $100 on a prepaid card.  Does that make it a 'coconut Visa'?  no, it just makes it a prepaid card getting charged up by some coconut dealer.  Coinbase has a completely different system. 

Not sure I would call the Bit-X a scam, but the prepaid part is true and a very important part of the deal for me. For that reason the Coinbase/Shift card looks like a great deal. Wish I could use it.
newbie
Activity: 40
Merit: 0
This is a very good development as I think we need more competition in this area. Currently the only two viable cards, in my opinion, are those offered by Xapo and Bit-x so its good to see another player enter the field. The fact that it launches with no fees should hopefully create some sort of competition leading to the existing providers to either drop their fees a little and or to run 'no fees' promotions.
i think so~~
legendary
Activity: 1386
Merit: 1000
KawBet.com - Anonymous Bitcoin Casino & Sportsbook
We already have this cards like bit-x in almost one year now. There is nothing new here
Bit-X is a scam with large fees and merely a 'prepaid' card.  You sell your bitcoin to someone who loads your prepaid card with value. it is not a true bitcoin card at all.  Coinbase is a card which has a deposit account backing that is done in bitcoin.  You hold bitcoin all the time.  When a charge comes in, some bitcoin is converted to $$$ to pay the merchant.  Totally different thing.  Bit-x doesn't do US.  Bit-X has shitloads of fees.  Bit-X is a prepaid card.  You could sell coconuts to some lunatic who would put $100 on a prepaid card.  Does that make it a 'coconut Visa'?  no, it just makes it a prepaid card getting charged up by some coconut dealer.  Coinbase has a completely different system. 
member
Activity: 112
Merit: 10
Xapo still has a better deal. Coinbase has far too much KYC.

Did I miss something or is Xapo now shipping cards to the US?
hero member
Activity: 1008
Merit: 1000
Its really is not progress for bitcoin but a option to move coins around.  Progress would of course be merchants accepting pure bitcoin and the transaction process already in place.  BUT if merchants start to notice people are interested in using bitcoins they might start to think, I can offer a true bitcoin  payment option and all my transactions will be free as the sender pays the mining fee and no charge backs from fraud etc.
legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
i really cant understand all of this hype in the media about that cards. We already have this cards like bit-x in almost one year now. There is nothing new here

With all respect to our friends on bit-x but coinbase is way popular and have thousands of users (read somewhere that they have more than 1-3 millions? Not sure) especially in the USA so it is normal to see shift cards on the media  Wink
legendary
Activity: 3430
Merit: 1142
Ιntergalactic Conciliator
i really cant understand all of this hype in the media about that cards. We already have this cards like bit-x in almost one year now. There is nothing new here
legendary
Activity: 2856
Merit: 1519
I thought the US was slow to get Bitcoin debit cards due to US laws and regulations on Bitcoin. What's different about this?

i really cant understand all of this hype in the media about that cards. We already have this cards like bit-x in almost one year now. There is nothing new here

It's available in the US, that's what's new. It's pretty major.
hero member
Activity: 1036
Merit: 514
it's very good news, in this way the bitcoin more advanced and easier to use in the community and this is the first step that bitcoin is increasingly recognized, hopefully in the country also happens Smiley
legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
This is Amazing, I want it on my country Shocked
I hope this card would be launch in another country Smiley
member
Activity: 119
Merit: 100
I find this shift card competitive to the other cards for the moment but its inconvenient is : it is limited to ~1/2 USA only...
Yes, it is the first bitcoin visa card based on USA.
Currently, the daily limit is $1,000 USD. Feel free to contact [email protected] if you would like to increase your daily spending limit. IMO $1 k is enough for our daily spending.
sr. member
Activity: 266
Merit: 250
It's not completely free if they're going to add ads and fees later on.
Seems like it's a trap.
How could it be trap? You just need to pay one-time $10 issuance fee, no annual fees. It may later charge a per transaction fee. But it will  inform you  before they  implement any change. You can stop using it if you don't accept it. What problem do you still have with it?
legendary
Activity: 1386
Merit: 1000
KawBet.com - Anonymous Bitcoin Casino & Sportsbook
this news was really a good news,have tried so many bitcoin debit card but always got declined by some merchant,this one probably will be my main bitcoin debit card if they'd dont have any problem with checkout

Those other cards have failure mechanisms which the Coinbase card won't have because they are prepaid cards.  The Coinbase Bitcoin Visa is backed by cryptocurrency deposits.  There are many advantages doing it that way.  And far fewer problems with declines.
legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
It's not completely free if they're going to add ads and fees later on.

Seems like it's a trap.

Ads??
About the fees since it is free now you can enjoy using it if you want then when they add a fee after few weeks/months/years maybe you can decide to continue using it or simply stop.
I find this shift card competitive to the other cards for the moment but its inconvenient is : it is limited to ~1/2 USA only...
hero member
Activity: 714
Merit: 500
SkyFall
It's not completely free if they're going to add ads and fees later on.

Seems like it's a trap.
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