Topic: Updates on Bitinstant debit card and service in Canada? (Read 1448 times)
The biggest obstacle bitcoin had was not being able to transfer it over to plastic. If this project goes through then it will start being accepted in many small shops, then finally big retail stores and the value is going to skyrocket. It will be the new gold and silver, best of luck to BitInstant.
from that article, it sounds to me like customers will be able to chose which currency they'll like to have on their card... will it be possible to switch the currency(say from Euro to USD)?
Will it be possible to have the card denominated in safe currencies like AUD or CHF?
Also, what amount of verification will you require? Will those cards be named or anonymous(Cardholder name printed on card or not?)
Will it be possible to have the card denominated in safe currencies like AUD or CHF?
Also, what amount of verification will you require? Will those cards be named or anonymous(Cardholder name printed on card or not?)
Well I signed up at bitcoincard.org, it appears that they are still in development. I hope things are going well. Here is the message I got after signing in:
lol, OP is talking about the BitInstant debit card. See here: money.cnn.com/2012/08/22/technology/startups/bitcoin-debit-card/index.html
Does anyone have the latest news on either or these two subjects? The card would be a priceless addition to bitcoin in Canada... as well as increasing acceptance of the currency everywhere.
Did it die on the vine, or is it still on the way? I can't find any recent info... anyone who has the scoop please share.
Did it die on the vine, or is it still on the way? I can't find any recent info... anyone who has the scoop please share.
It did not die on the vine, it takes months to get the product launched. We will be posting an update soon.
Yes, it will be available in Canada.
I got my samples in last week!
-Charlie
hope that bitinstant comes forward with those soon. or at least lets us preregister/send in the necessary documents for them.
Well I signed up at bitcoincard.org, it appears that they are still in development. I hope things are going well. Here is the message I got after signing in:
If the managers of this project are looking for further investment, and/or help with navigating the Canadian banking system, please contact me. I would love to get involved if this card is still a possibility.
Quote
The Bitcoincard moves economic interaction offline, which significantly expands both turnover and the target audience. But, most importantly, it makes the clustered local growth of a new free economy possible. Everything starts from the small and mundane, from the things that we encounter on the street everyday. All we need to do is to try to live while using each others’ services directly, without the participation of outside agents such as the dollar, and everything will be smooth sailing.
We need local "human gateways". In effect, anyone who uses a USB gateway for bitcoincards is a local leader of the new economy. He can design and launch new software that will help him to increase his earnings. It makes no difference whether it’s through advertising or some other way; what is important is that he will be motivated to develop the surrounding network of bitcoin users. When all is said and done, all of us, as a society, need this.
So, pick the approximate place on the map to locate your re-transmitters (in an ordinary urban setting, USB gateways have a range of 100 meters maximum), and point it with a marker. Estimate the approximate number of people who pass this place from time to time (not necessarily that often, weekly sessions of on air meetings lasting seconds are sufficient). That is “B”. Think how many of them you could give a card (for starters, free of charge!), on the condition that they will conceivably start to use them on a daily basis. You may need to do a bit of explaining, of course. That is “A”.
That way we will soon see the project reach the necessary size, and can optimize the expenses of the bitcoin mutual fund for production of the first batch.
We need local "human gateways". In effect, anyone who uses a USB gateway for bitcoincards is a local leader of the new economy. He can design and launch new software that will help him to increase his earnings. It makes no difference whether it’s through advertising or some other way; what is important is that he will be motivated to develop the surrounding network of bitcoin users. When all is said and done, all of us, as a society, need this.
So, pick the approximate place on the map to locate your re-transmitters (in an ordinary urban setting, USB gateways have a range of 100 meters maximum), and point it with a marker. Estimate the approximate number of people who pass this place from time to time (not necessarily that often, weekly sessions of on air meetings lasting seconds are sufficient). That is “B”. Think how many of them you could give a card (for starters, free of charge!), on the condition that they will conceivably start to use them on a daily basis. You may need to do a bit of explaining, of course. That is “A”.
That way we will soon see the project reach the necessary size, and can optimize the expenses of the bitcoin mutual fund for production of the first batch.
If the managers of this project are looking for further investment, and/or help with navigating the Canadian banking system, please contact me. I would love to get involved if this card is still a possibility.
Same here. I'm in the US and am wondering about the card.
Does anyone have the latest news on either or these two subjects? The card would be a priceless addition to bitcoin in Canada... as well as increasing acceptance of the currency everywhere.
Did it die on the vine, or is it still on the way? I can't find any recent info... anyone who has the scoop please share.
Did it die on the vine, or is it still on the way? I can't find any recent info... anyone who has the scoop please share.
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