Xapo and others are massively incentivised to find another provider, but unless they do it directly they'll be stuck with whoever's out there willing to do it. I doubt any other operation like Wavecrest will come along who'd issue to anyone, anywhere.
And even if a worldwide issuer pops up, you'll have to let go of the idea of using one anonymously above a piddling amount. That's just not happening.
Topic: Will we ever have a bitcoin debit card that works worldwide again? - page 2. (Read 301 times)
June 23, 2018, 04:57:25 AM
June 23, 2018, 04:13:04 AM
Having one would be really convenient. Actually, the wallet which I use right now allows me to transfer my btc directly to my debit card. It is also automatically converted from btc to our fiat local currency. It’s very convenient and there are no fees. Since there’s a third party (the wallet service provider) the bank won’t be suspicious nor would you have to deal with messy regulations.
June 22, 2018, 06:31:25 PM
I don't think those old golden days gonna come soon, banks and government have joined their forces to regulate bitcoin making it almost like fiat. You can't just exchange bitcoin or buy/sell it for fiat without getting noticed by government or tax officers. So point of privacy while dealing with bitcoin at some point might just become a psedotruth.
What you guys think about this?
What you guys think about this?
It's unlikely, but it depends wholly on what the regulations are in place for these. Also, it depends a lot on the card issuers, and what their attitude towards bitcoin debit cards are (such as Wavecrest).
Obviously, we've seen that a lot of and in fact probably most of the bitcoin debit cards have been wiped out.
I believe that we're in future going to see a lot more new ones. However, both old and new cards will have especially tough AML and KYC requirements. There won't be any anonymous ones in the future, most likely.
June 22, 2018, 04:43:18 PM
I don't think those old golden days gonna come soon, banks and government have joined their forces to regulate bitcoin making it almost like fiat. You can't just exchange bitcoin or buy/sell it for fiat without getting noticed by government or tax officers. So point of privacy while dealing with bitcoin at some point might just become a psedotruth.
What you guys think about this?
What you guys think about this?
Whatever they cannot do anything to bitcoiners. They are really want to track the bitcoin traders and taxing on them with the 15 percentage of tax like service work charges on it. If you really fear about exchanging the bitcoin over local exchange swap your account to localbitcoins
Mostly there no one will ask your government or tax filing document to have the trade with them.
So you make the fund into fiat easily.
June 22, 2018, 01:25:56 PM
I don't think those old golden days gonna come soon, banks and government have joined their forces to regulate bitcoin making it almost like fiat. You can't just exchange bitcoin or buy/sell it for fiat without getting noticed by government or tax officers. So point of privacy while dealing with bitcoin at some point might just become a psedotruth.
What you guys think about this?
Unfortunately no What you guys think about this?
We never saw it coming. Commercialisation as we call it is always followed by tax-payers which helps build the economy. Exchanges, ICO's,Scams took it too far in less time.Government on the other hand was losing on a fruitful outcome from the technology of the future. They saw the opportunity just like everyone else and hopped on the bandwagon.
I really miss using my Xapo debit card though.
Memories 
June 22, 2018, 11:47:21 AM
I don't think those old golden days gonna come soon, banks and government have joined their forces to regulate bitcoin making it almost like fiat. You can't just exchange bitcoin or buy/sell it for fiat without getting noticed by government or tax officers. So point of privacy while dealing with bitcoin at some point might just become a psedotruth.
What you guys think about this?
What you guys think about this?
I disagree.
People forgot (or are not interested) to use the DEX. Additionally, if you're looking to use a Visa card for your privacy you're wrong.
Banks don't regulate cryptos and governments don't scan millions of bank accounts to see if there is any transaction related to crypto.
Taxes report is based on trust, not on a bank history
June 22, 2018, 10:45:53 AM
Even though most/majority of bitcoin debit cards in the past already closed their service, I really don't think this service is going away soon. There's probably still huge demand for it, so there's probably companies trying to make this possible. Though I really doubt it would work on every single country. There's always going to be countries that are not going to allow such service (like probably EU countries).
I really miss using my Xapo debit card though.
I really miss using my Xapo debit card though.
June 22, 2018, 10:27:21 AM
I don't think those old golden days gonna come soon, banks and government have joined their forces to regulate bitcoin making it almost like fiat. You can't just exchange bitcoin or buy/sell it for fiat without getting noticed by government or tax officers. So point of privacy while dealing with bitcoin at some point might just become a psedotruth.
What you guys think about this?
What you guys think about this?
Jump to: