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Topic: Video of buying IphoneX with Bitcoin in Store! Even grandma can use bitcoin now! - page 2. (Read 231 times)

full member
Activity: 252
Merit: 106
Scam. Your post is false. You're converting the bitcoin to fiat, aka you're not buying a Iphone X with bitcoin, you're buying it with Fiat...which makes absolutely no sense to use a a middle man to buy a phone, when a average person can just go buy a phone with fiat- no bitcoin conversion evolved(which makes it much easier..)

I never said paying with crypto is easier than using your credit or debit card and paying with crypto.  This just gives you a alternative method.  Some people have thousands in crypto and only a few hundred in the bank since they are investing.  Transferring money from crypto to fiat takes a few days, this gives you the option of buying quick.  Also the card allows you to withdraw from a ATM if you need fiat right away.

Also its good for crypto awareness.  When someone asks you what are you paying with, and you say crypto, their attention changes.
member
Activity: 362
Merit: 10
As I understand he paid it with fiat. Why btc then? XRP would be much cheaper and fast enough. And also banks like XRP a lot. Idea of the card with third party as bank is not great imho but it's good for the promotion anyway.
Xrp is centralized yes it's fast and cheap. We want decentralized coins that makes people take care of his/her privacy at this moment. XRP is sitting aroud $1 and we will see a good news for the following weeks, bull run is coming that makes crypto traders rich
sr. member
Activity: 529
Merit: 251
The Future Of Work
As I understand he paid it with fiat. Why btc then? XRP would be much cheaper and fast enough. And also banks like XRP a lot. Idea of the card with third party as bank is not great imho but it's good for the promotion anyway.
full member
Activity: 182
Merit: 101
X-Block.io
Buying a IphoneX with Bitcoin.  Video of the purchase using centra card!  Now any of your family members can also use crypto!!!
https://twitter.com/AbraxTrader/status/944898142809542657

Use your Bitcoin, Ethereum, Litecoin, Ripple, Dash, Zcash, & Monero at any grocery, brick and motar, or online! 
Next added token to be used will be Qtum and Bitcoin Cash in January.  Community vote every month will allow you to vote your favorite token to be included to be used on Centra Card.

How it works:
You have a Centra wallet connected to the debit card.  You select which token you want to use and when you use the card, your crypto gets converted to fiat at the time of purchase.  So the receiving end gets fiat.  Usable anywhere that MasterCard is accepted.

It will be too late for Christmas, but a crytpo debitcard would be awesome for your family members.  Imagine your grandma going to a restaurant and saying "I bought dinner with crypto!"  She would be the coolest grandma in the neighborhood!!



To show card also works with multiple tokens, here is buying beer with Ripple!!



While such things are great and it's a really big step it's still nowhere near to being able to use bitcoin as a currency in itself. In fact I feel like we will never get to that stage. How is it in terms of cost effectiveness? Are there big transaction fees or poor rates of conversion?
hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
The idea of buying things using crypto is great and that has been one of the target of usage in years. But, I'm not sure if I'll be happy if these transactions will still be handled by third party companies. What I want to have is some kind of straight payment using cryptocurrencies where the coins and tokens are directly paid to the wallet of the store and not handled by any other institution. I know that some stores are already doing that but I hope that this will be adapted by many stores in the future. It would be great if we could buy our clothing from a department store using BTC or Waves for instance.  Grin
member
Activity: 70
Merit: 10
Scam. Your post is false. You're converting the bitcoin to fiat, aka you're not buying a Iphone X with bitcoin, you're buying it with Fiat...which makes absolutely no sense to use a a middle man to buy a phone, when a average person can just go buy a phone with fiat- no bitcoin conversion evolved(which makes it much easier..)
hero member
Activity: 2086
Merit: 994
Cats on Mars
What's the point of paying with a bitcoin card and not with a normal cc?
Which also has lower fees than the crap centra offers...

Annual Fee:  $50 in CTR*
Bank ATM Withdrawal Fee  $2.50
One-Time Activation Fee: $20.00

ING does this for 0 (zero)

Right now its impossible to pay with bitcoin because of the high transaction fees.  But with the card you do not have to pay these fees.

That is the beauty of the centra card, you are not paying the $50-$75 transaction fee because the BTC never gets sent on the blockchain.   BTC is converted to fiat at time of purchase and paid through that.  So if a item cost $50, you are paying $50 worth of BTC not the transaction fee.

Conversion fee is free
https://centra.tech/card-fees/

Yes there is a small annual fee, and a fee if you want to withdraw money from a bank ATM.  But the money you save in bitcoin transaction fees will definitely make that up.
Bro, are you getting paid to shill on this thing? Like stompix said, there's no point in paying with bitcoin if you still use a 3rd party as the middleman for transactions, that defeats the purpose of cryptocurrencies, especially the whole point of Bitcoin. And why would anyone want to have a wallet in a centralized exchange or company? especially a company from the banking system? Quoting Andreas Antonopoulos: "not your keys, not your Bitcoin".

And what high fees are you talking about? That was a few days ago when the network was under attack with spam tx.
The mempool is currently clearing and it is now accepting fees in the 200 Sat/b range. Unless another attacks occurs, we should return to normal fees in the next few days. So, are you going to keep the same argument by then?  or are you going to make another post but with a different argument attacking Bitcoin? let me guess, you're going to say that Bitcoin takes too long to confirm transactions so your centra card is the solution...correct? too easy  Roll Eyes
full member
Activity: 252
Merit: 106
What's the point of paying with a bitcoin card and not with a normal cc?
Which also has lower fees than the crap centra offers...

Annual Fee:  $50 in CTR*
Bank ATM Withdrawal Fee  $2.50
One-Time Activation Fee: $20.00

ING does this for 0 (zero)

Right now its impossible to pay with bitcoin because of the high transaction fees.  But with the card you do not have to pay these fees.

That is the beauty of the centra card, you are not paying the $50-$75 transaction fee because the BTC never gets sent on the blockchain.   BTC is converted to fiat at time of purchase and paid through that.  So if a item cost $50, you are paying $50 worth of BTC not the transaction fee.

Conversion fee is free
https://centra.tech/card-fees/

Yes there is a small annual fee, and a fee if you want to withdraw money from a bank ATM.  But the money you save in bitcoin transaction fees will definitely make that up.
full member
Activity: 252
Merit: 106
The only way in that you could buy something with cryptos, is just using a debit card, otherwise you are not going to be able to do that because of the outrageous fees.
$50 - $75 for transaction, it is not fair.


That is the beauty of the centra card, you are not paying the $50-$75 transaction fee because the BTC never gets sent on the blockchain.   BTC is converted to fiat at time of purchase and paid through that.  So if a item cost $50, you are paying $50 worth of BTC not the transaction fee.

Conversion fee is free
https://centra.tech/card-fees/
full member
Activity: 151
Merit: 100
The only way in that you could buy something with cryptos, is just using a debit card, otherwise you are not going to be able to do that because of the outrageous fees.
$50 - $75 for transaction, it is not fair.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
No, the guy bought that phone with fiat.
Not with bitcoins.

If I sell a sheep to the market and then with that money I buy a night time with some ....girls....it doesn't mean that suddenly whores in Europe are accepting sheeps.

You're just selling you coins and then paying with fiat.
And you're doing exactly what Bitcoin was supposed to get rid of.
A 3rd party payment processor that is taking a fee.

Oh, and nice thing having your money in a wallet controlled by a bank.
Genius!!!

What's the point of paying with a bitcoin card and not with a normal cc?
Which also has lower fees than the crap centra offers...

Annual Fee:  $50 in CTR*
Bank ATM Withdrawal Fee  $2.50
One-Time Activation Fee: $20.00

ING does this for 0 (zero)
full member
Activity: 252
Merit: 106
"It will be too late for Christmas, but a crytpo debitcard would be awesome for your family members.  Imagine your grandma going to a restaurant and saying "I bought dinner with crypto!"  She would be the coolest grandma in the neighborhood!!"

I dare not even explain what bitcoin has to my grandmother, it would be much too long and she will certainly have forgotten 5 minutes later

I had to laugh out loud at that.. Grin  You get my point though.   Merry Christmas and Happy Holidays!
member
Activity: 79
Merit: 10
"It will be too late for Christmas, but a crytpo debitcard would be awesome for your family members.  Imagine your grandma going to a restaurant and saying "I bought dinner with crypto!"  She would be the coolest grandma in the neighborhood!!"

I dare not even explain what bitcoin has to my grandmother, it would be much too long and she will certainly have forgotten 5 minutes later
full member
Activity: 252
Merit: 106
Buying a IphoneX with Bitcoin.  Video of the purchase using centra card!  Now any of your family members can also use crypto!!!
https://twitter.com/AbraxTrader/status/944898142809542657

Use your Bitcoin, Ethereum, Litecoin, Ripple, Dash, Zcash, & Monero at any grocery, brick and motar, or online! 
Next added token to be used will be Qtum and Bitcoin Cash in January.  Community vote every month will allow you to vote your favorite token to be included to be used on Centra Card.

How it works:
You have a Centra wallet connected to the debit card.  You select which token you want to use and when you use the card, your crypto gets converted to fiat at the time of purchase.  So the receiving end gets fiat.  Usable anywhere that MasterCard is accepted.

It will be too late for Christmas, but a crytpo debitcard would be awesome for your family members.  Imagine your grandma going to a restaurant and saying "I bought dinner with crypto!"  She would be the coolest grandma in the neighborhood!!



To show card also works with multiple tokens, here is buying beer with Ripple!!

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