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Title: 2012-08-24 - funny - NYConvergance - Bitinstant to Revive Bitcoin as Debit Card Post by: streblo on August 26, 2012, 02:08:00 AM Prepare yourselves... ::)
NY-based startup Bitinstant hopes to revive and reintroduce Bitcoin as a debit card system. Bitcoin was originally a virtual monetary system that allowed users to pay anonymously, bypass bank regulations, and avoid transfer and withdrawal fees. The system crashed after a security breach that made it nearly worthless. Now, Bitinstant will act like a prepaid card that can be used to make every day purchases, withdraw money, or transfer amounts to friends and merchants. The card holds a max of $1000 in Bitcoin credit and a QR code to link users to their accounts. Bitinstant is meant to attract those who’ve actually had success at mining Bitcoin. This process also bypasses transfer fees if friends do not bank with the same company, though users are allowed to keep each money transfer as BTU or convert them into US dollars, in which case a conversion fee would be charged. Thank you, BitInstant, for reintroducing BTUs! Title: Re: 2012-08-24 - funny - NYConvergance - Bitinstant to Revive Bitcoin as Debit Card Post by: nimda on August 26, 2012, 02:11:56 AM I have added nyconvergence to my hksts filealong with the ad websites ::)
Title: Re: 2012-08-24 - funny - NYConvergance - Bitinstant to Revive Bitcoin as Debit Card Post by: dree12 on August 26, 2012, 02:22:59 AM I have added nyconvergence to my hksts filealong with thead websites ::) Fix your sig. Coinbase has suspended the ref program.@Topic: https://i.chzbgr.com/completestore/12/8/3/680qK4gq90m-cbOYoq42Ow2.gif |
