Bitcoin Forum

People are becoming increasingly accustomed to using bank cards. Now, with the increasing penetration of mobile and P2P payment systems, the necessity to use cash is quickly becoming obsolete. 
Which do you think is the relation between bitcoin and credit card? Don't you think the use of credit card works as the same way as bitcoin does?

Paying with the card may be very similar, but the fundamentals are completely different.

Credit card, as the name implies, assumes you take credit for a payment. With bitcoin you actually need to have the coins at the moment of purchase.

A debit card would be a better comparison.

as i see it, credit cards/debit cards are a good catalyst for initial bitcoin apprecciation, they can fuel very well a possible adoption, because they will make the transaction from fiat to bitcoin, for average joe, much less painful

but in the end bitcoin should not rely on credid cards in the future, it can only be used well as a launch pad

I think bitcoin works more smoothly than traditional credit cards. And also using bitcoin or having bitcoin wallet is easy compared to getting credit card and its verification process.

As these days people use virtual form of money (online banking,credit card, paypal ) to do everyday transactions, virtual money is future of money and bitcoin can be best virtual money being decentralized money.

Debit cards allows users to withdraw fiat instantly from Bitcoin rather than waiting for days for bank transfer to come. I consider it quite cool to be able to withdraw money from debit card using Bitcoins. It doesn't give too much of an incentive for users to use it. Even though it does offer fast withdrawal and have high acceptance, the fees is far too high and verification have to be done to use it without low limits.

Credit cards are different to Bitcoin. Credit cards charge users after they have bought something, whereas in Bitcoin, money is stored in your Bitcoin account and deducted from it when you make a purchase. I would say credit cards are easier to use but I would rather use Bitcoin as it is also a good investment. As the price of Bitcoin is rising now, I am also earning money even after I purchase something. I also don't like the fact that banks charge you more if you pay your debt back late, I am a forgetful person and that's why Bitcoin works for me. People have different views on this subject but that is my opinion.

As long as BTC does not get widely accepted, we re going to need some way of transferring BTC to FIAT, fast. So yes, we still need BTC cards and we will be needing those for a couple of years more. I like Bit-X, a very nice one.

I don't think that Bitcoin credit cards have been made but there are Bitcoin debit cards and Bitcoin ATM's. You can find some more information here (https://bitcointalk.org/index.php?topic=1234836.0) and here (https://www.deepdotweb.com/2015/03/09/bitcoin-debit-cards-a-real-comparison/).

The bitcoin and the credit card can be an fantastic connection but yet early to talk about it. To speak about this connection and to see it true needed that the owner of the credit card have continuous revenues in bitcoin. Such possibility is very rare actually so having a credit card connected with an account with bitcoin could be possible only for very few people. As for the same way of work of the credit card and bitcoin and don't see any change. Maybe are the fees which must be paid with the use of credit card. But if you must buy bitcoin in order to use it we are at the same point. On the other hand there have no meaning to buy bitcoin in order to use those in internet. Have meaning only if yo have revenue in bitcoin. So, as a conclusion, bitcoin normally must be more convenient to use as a money in internet compared with the credit card. And the credit card must be used (connected with an account) only in if the use have revenue in bitcoin.

I guess you are right in the sense that you cannot spend bitcoins on credit at the moment.

There are however, options to use your bitcoins at places where credit cards are accepted, such as with the xapo credit card. Only thing is you are using your own stash of coins there.

that would be nice if there would be a Bitcoin Credit Card, but I think if this happens theres a need of proof of financial capacity so banks can give you higher credit limit and in that case there will be no more annonimity of Bitcoin holders since they need to check your proof of income.

mastercard has recently invested in a bitcoin

If you use credit card you have options to pay later. In cash and Bitcoin you have to pay what you already have in your pocket/wallet. They don't work the same way. You can compare this to debit (prepaid) cards but not credit cards.

Both Bitcoin and credit cards have their advantages and disadvantages. They both work well in my opinion, even credit cards work well at the moment for their users. I don't know why would users of credit cards change their payment methods if it works well for them.

We need to concentrate on other use cases that these credit cards can't fulfill. There are many out there really. And who wants to change their credit card payments for Bitcoin payments will do so as well.

Would serve as a prepaid card, but not as a credit card, but a prepaid card's not the same thing. then it is equally good or better to exchange for real money at once.

If you buy one from the goods section, it would be a prepaid card requiring you to load money and wait for several days. This is much different in a sense, you can deposit Bitcoin and withdraw fiat on demand. (CMIIW)

Most exchange requires you to wait for several days too.

If your debit card details get stolen then money can be stolen from your account, whereas your Bitcoin address can't get stolen. Bitcoin is a more secure payment method than debit cards, but it's slower without an intermediary like Bitpay. Bitcoin debit cards like the Bit-x cards are useful for fast transactions, but I would prefer to use nothing but Bitcoin if it gets as widely adopted as debit cards.

I am not sure if we need something like bitcoin card currently. Everything seems easy and secure.
Cards will make it unsafe.

Well these are already in the market and being used by users.
I think this is a good way if we need to store our bitcoins and not exchange immediately to cash.
But waiting and spend only when we need urgently for emergencies situation. (forget the fee)

I can't see why Visa, AMEX, etc couldn't operate using BTC as what they loan to you..

USD,
CAD,
Yuan,
BTC,

all the same to them really they aren't a central bank and can't loan out thin air backed by the armies of countires.

As mobile payments are being introduced for everyday use, I actually think that we will see a strong decrease in people using credit cards. Many Banks already offer other options to be used with smartphones that are much more similar to bitcoin than credit cards. Sooner or later, banks are going to introduce digital currency on these new mobile payment options to cut transaction expenses.

there are existing services like coinomat that enable you to load credit cards with value derived from your cryptos into whatever fiat you so choose

First needed in order to have the possibility to buy things out of internet. There are to many things that needed to be bought out of internet or are to many the people which don't feel secure when use their credit cards at internet. For such kind of things needed the bitcoin card. And then why can be unsafe? If the service is build as it is needed from the card provider the bitcoin card can be very safe. My actual credit cards allow me to assign the limit which can be used in internet. If I want to use it in internet change before the limit (increase it in the amount i want or I need), use it and then make the limit again zero. Even if someone has all my data of my credit card can't do nothing with those. Then if my credit card is stolen (and even if the thief can know my pin) I can block my card within minutes by calling the call center of my bank. If the bitcoin card can offer such services I don't see any risk in this kind of cards.

I don't think bitcoin credit cards are really nessecary

The way credit cards work is like a loan, you pay it off later, you'll need a company to set this up to be able to loan bitcoins to their clients

Using a credit card usually means/involves some sort of loan in a certain currency (usually your country's).


Bitcoin credit card would mean a loan in Bitcoin. And you can spend that either as Bitcoin, either as fiat.
The users will pay back directly Bitcoin, which is interesting.
This could make sense if somebody would take the risk to offer high volumes of such credits. I don't think that we have such big companies that would want to offer such services, especially as I don't see that many potential users. It could be a business for companies that already work with huge amounts of Bitcoin like exchanges or gambling sites, which can use parts of the deposits for new businesses instead of "cold wallets".

i mean its money if theres a company that lets you use btc credit you can use it but since its decentralized i dont think a company will use btc as credit or card debit i bellive into atm machines of btc can be done

Well, you need a company that holds a bunch of bitcoins, enough to give out loans to people

I doubt that there's anyone/company that holds that many bitcoins to even give out loans

Credit = loans, you eventually have to pay back

For what is necessary read the above my post. As for the other things written in your post read below.

What are you talking about? What have to do the loan with the credit card. If i have revenue in bitcoin I can deposit or send the amount of (the needed) bitcoin to the provider of the card the day in which i must pay all the expenses made with my bitcoin credit card. That's all. Everything finish here. I pay my debt to the provider of the bitcoin credit card and the next month begin the same story from the beginning. I can use it again for everything I do or need. It is so simple like one and one make two.

Paying with the cards may be somewhat a like

I think I would prefer a debit bitcoin card, it would be easier to buy something that's not online

Bitcoin is built for the purpose of it being trustless and you won't have to trust the third party.

Currently, Bitcoin debit cards require users to deposit the amount into the service before being able to use it. Be it a card that uses Bitcoin as a payment method or converts to fiat, trust needs to be placed onto the provider. With all the hacking incidents, it is hard to think that anyone can trust an online service.

There is no any other third party in the case of bitcoin CREDIT card. I am not talking about bitcoin debit card (which even those exist, so are a fact, independently what must or can tell you and me about the trust). The bitcoin credit card (must do) work very differently compared to bitcoin debit card. See my previous post to see how work the bitcoin credit card, in which are used the bitcoins and you will see that the only person which have command on the bitcoin used by this credit card is only the owner of the credit card (and the bitcoins). No one other. No any kind of third party.

But even without the above explanation the fact about the existence of bitcoin debit card mean that your word about the trust and the other things are only word. The reality is another. And the reality is over all the parties. You will have reason only the day when in the market there will be no more bitcoin debit card. Until that day, repeat that your's are only words.

That's a very good idea till the time we don't see some good and secure way to turn bitcoin into fiat..It will also help bitcoin price to appreciate.

Also if a governing body issues such credit card, it will light the way to use bitcoin legally. Welcoming step.

No, they do not work the same way. In order to use bitcoin, you have to own assets. In order to use credit cards, you only aquire debt, so at the moment of purchase you don't have to own anything.

If we're talking exclusively about the methods for paying, there are great wallets such as XAPO that offer the possibility to use your bitcoins directly in any store by a phisical debit card.

yes bitcoin is  credit card  all people are using bank card  when people need some thing they are using bank  card and  same like which person is know about bitcoin,  he have any time mobile when he need  any thing. he use  bitcoin same like bank card

Bitcoin debit card is best for now. Later when user rate increases bitcoin credit card can be implemented. These days I heard that few sites are providing bitcoin cards for their users which can be used in ATM to receive the amount in terms of local currencies only with minimal charges compared to exchanges.

I will be prototyping Credit Card. I will need some people that want to test and give feedback about possible product.
I am already offering credit lines so giving credit cards is next logical step.

I think that Bitcoin could be done mostly by scanning your phone or something much faster than typical card.  There is a grocery store near me that is allowing this and also quick scan of a card but not debit.  I would like to see us move away from cards as we know it.

what do you mean with "bitcoin is credit card" , bitcoin is very different with credit card  ;D , bitcoin is digital currency and credit card is card which made for payment processor, that's general explanation

Some exchanges and online wallets offer bitcoin debit cards I may get one if the fees are not too high of course.

But I think Bitcoins are still superior than credit cards, mainly because you dont feel safe about putting your debit card or credit card's details into a anonymous site while with bitcoins, you can pay them and relax as they never will be able to steal coins from your wallet, but cards are not like that.

yeah bitcoin is  credit card same like bank card and now all person is using now bitcoin when we need any thing this time using bitcoin. same like bank card

Any kind of card, is just a method for the rich to drain more money from the consumers. The card removes the physical attachment people has to their money. The gambling sector realized this, when they replaced the old coin operated slot games with pre-paid cards.

People spend or gamble more, if they do not see the physical money/coins in their hands. These companies can also hide the transaction fees, because you do not normally think about this, every time you use these cards. They also add insurance fees and lost card fees and things like that.

Bitcoin is different, because you see the balance declining with every transaction you make and you can manage your spending and also transaction fees more effectively. ^smile^

Creditcards is a great option to use in electronic processing of payments IMO, it is faster and easier to use but the fees is too high also the risk of using a Creditcard when you insert it in every site and would need carefully not using it in any untrustworthy place.

This is easier than the Debit card version as you only need BTC in paying the account unlike in Debit Card you need to load some value into it, critical since the price always changes.

That would indeed be fat like that will happen. But you do need to have the certainty that you can start paying.
So there are some risks involved. But it would indeed be useful.

I would like to see some pre-paid debit cards for bitcoins where you can walk in an office and just transfer bitcoins from your wallet and get fiat and don't have to wait for transactions at the exchanges. Does such a service exist already?

Maybe in the future they will create that credit card of bitcoin..that is accepted in designated machine or in any atm machine , for much easier transactions of withdrawing or inputting some bitcoin on it.

It is not a simple thing changing your credit card number if you feel it is becoming a issue. Bitcoin you can alter the address with a press of the button. The connection seems weak because one has somebody analyzing every transaction and the other does not give a damn.

I personally do not think that you can relate a bitcoin to a credit card. They have to many differences but in my opinion i think that you can relate a bitcoin more closely to a debit card but that is only my opinion. I wonder what other people will say

I agree with you that bitcoin can be better compared with debit cards not credit ones. because one when spends from his wallet it is similar to spending from a bank account. they can be consider as competitors as their use is quite similar

When you use a credit card, you are using funds that you don't own. Whereas with Bitcoin, you need to have the Bitcoin to spend it.

There is really no way you can compare these two.

You can use one time use and discard virtual cards and dispose them off after use and if you are paying for something legal,why conceal your ideidentity.But yes bitcoins are far better than credit and debit cards for many reasons

you should see their fee's list before trying it out, to be honest i just used this debit card for purchasing thing online and never withdrawn my cash in atm because they'd took fees about 3.5$ and i think it's quite big, i would prefer exchanging from my local exchanger which only took fees about 1$,so use it if you can afford the fee

you can compare it im pretty sure there are some companies that offer bitcoin credit cards, i would definitely offer bit-x as they are around for a while already

if i had more bitcoins i would definitely have a credit card with it and i would use it for taking money from time to time

It can be a blessing or a hinder on the bitcoin community. You know how dangerous and tempting credit cards can be.
And in the addition that bitcoin is hard to put value on it from minute to minute this can cloud a persons judgement on how much they will spend. Isn't that how it is with credit limits on the current format of how cards work?

if bitcoin have a credit card that will be very great. bitcoin payment media would be highly desirable.

I dont think so there should be a credit card for bitcoins. Credit cards are mostly used for online transactions and bitcoin has this feature built in that you can use it online without any card etc.  Although you there is no advance payment feature in bitcoin that you buy anything on credit and pay later.

Bitcoin debit cards are going into circulation. It seems to be a success as it has made the conversion of bitcoin to fiat more easy than contacting traders. This time credit card introduction is also a good move.

That would be a good idea. So far only debt Bitocin cards are avilable but maybe with time some credit cards issuers will make this step too. But what could be the problem for them is Bitcoin price fluctuation, because with credit card you buy now but pay later so it's hard to determine what the real expenses are.

CreditCards are based on the current economical system, Simply it subtracts from the balance and connect to the bank, it's relatively a form of electronic non-paper money but no more similarities to bitcoin which is a new currency.

The problem with a bitcoin credit card would be that if bitcoin falls, and becomes dust, how would users pay their credit card bills? If only there was a debit card that charged a flat fee instead of per-transaction...

bitcoin is similar to credit card but bitcoin is not controlled by any company . also it is anonymous , so if you want to make transaction you don't need show your information

Bitcoin credit card is a really bad idea if Bitcoin is still not regulated by a government agency. Because there is no way for the lender to get something back if they don't get in physical contact with the borrower and as we know banks don't accept any collaterals but real estates.

You will have reason only the day when in the market there will be no more bitcoin debit card. Until that day, repeat that your's are only words. There is no any other third party in the case of Bitcoin credit card. I am not talking about bitcoin debit card (which even those exist, so are a fact, independently what must or can tell you and me about the trust). The bitcoin credit card (must do) work very differently compared to bitcoin debit card. See my previous post to see how work the bitcoin credit card, in which are used the bitcoins and you will see that the only person which have command on the bitcoin used by this credit card is only the owner of the credit card (and the bitcoins). No one other. No any kind of third party. But even without the above explanation the fact about the existence of bitcoin debit card mean that your word about the trust and the other things are only word. The reality is another. And the reality is over all the parties.

Why would I think that? They're absolutely nothing alike, and while I do believe that if BTC actually becomes mainstream banks will rise with it and they will offer credit lines as well, then it's just a replacement for fiat, while effectively just being the new fiat. No use in comparing Bitcoin and credits cards as they have nothing in common.

i heard about bitcoin debit card but bitcoin credit card looks interesting who will give credit in bitcoin demoniation

Hello,

In my country it is forbidden to deal with cryptos.
So I think the best way for me to get back my invest is to use Bitcoin worldwide credit card, but till now I did not find the perfect one to use :(
Any ideas ?

Thank's

Its would be nice to have it like credit cards too, it would be much easy and handy, and too some who doesnt need the internet to have their moneys its completely a good strand if so.

Credit card, as the name implies, assumes you take credit for a payment. With bitcoin you actually need to have the coins at the moment of purchase.

A debit card would be a better comparison.

Since banks hold reserves equal to only a fraction of its liabilities in cash this would be very difficult for Bitcoin or Cryptos in general. A bank or issuer needs to hold the asset before customers can spend it. This would make the whole business case very expensive for banks / issuer regardless of the risk due to high price fluctuation.
Or do i miss something here?

They had a good few debits cards there for awhile till wavecrest close .It was very convenient to get fiat money quick .

This idea is great and there is a so called Crypto Bank already. However, a Bitcoin Bank Institution must be established and legalize in order to proceed with this. Credit card works with bank and if that happens, all transactions are recorded and just like other any other banks, transactions can be reversible which contradicts the principle of decentralization which is non-reversible. Most definitely it will be an ease to long wait of withdrawal as it will be an instant transactions. I just hope that the interest rate would be lower if there is any than the leading banks and that it will be offered without any Annual Membership fee so that everybody can enjoy it.

Debit cards Coinsbank give users access to their funds on CoinsBank accounts. Cards can be used to withdraw money from almost any ATM throughout the world. CoinsBank cards also offer bonus points to cover expenses made with the card.

Annual fee will be awkward and the status of each cards will be discussed... it will be not futuristic.

I'm confused too ... I have to try to create the credit card with bitcoin but need to verify with credit card bank
maybe for identity

Bitcoins and credit cards is pretty much the same but bitcoins is only applicable if they will implement a cryptocurrency payment method. There are online companies today who are also interested on investing in cryptocurrency that's why amazon and some of the porn industries has already created a payment method in order to earn bitcoins as well.

There is no relationship between Bitcoin and credit cards. The purpose of credit card is not the same as Bitcoin. From the word itself, credit card is use for debts. The bank will pay your transactions and you will owe them in which you need to pay later. In Bitcoin, you will pay your transactions from the Bitcoin you hold.

There are some bitcoin credit card already i think.Xapo card launched last year.

I see credit card, debit card and the introduction of bitcoin as the necessities of the cash less system that almost all the region of the world is driving to. The cashless society can't be achieved where we don't have means to see it through.

On the other side of it, I think both credit card, debit and bitcoin are similar in the sense of notification of transactions. In the transaction of bitcoin, apart from the actual fraction sent out, a transaction fee is charged on the sender's wallet directly while for debit card, the bank does its deduction and sends alert to card owner, also credits the receiver's account .

if we used bitcoin credit card so we can it use forever every place.come changed bitcoin payment system .it was very good for bitcoin user but for credit card need every user identity and details.

It is easier when you used it as a credit card. Since lots of your earnings in bitcoin are save in yoir online wallets.It is widely similar from old credit card who usually used. And  they need to talk about how it is when paying annual.

In my country i have not seen people using bitcoin credit cards,so i will not say much of it,if i got the privilege to use such i will accept and prefer it.

It does, and there's already hybrid Bitcoin and credit card thing, it's called Bitpay. Personally I don't have a Bitpay card but I've only heard good things about it. You load it up with Bitcoin and then you can go anywhere and spend it like a debit/credit and the company behind it figures out the fair USD/BTC market value of the transaction and properly charges it.

I have participated in so many campaign that intend to work on debit card for cryptocurrencies. So the possibility of debit card adoption is sure not credit card.

This is the exact opposite of credit - what you're talking about is debit. Very different things, so it's better not to keep confusing them all the time like people tend to do. Credit and debit work entirely differently and have entirely different requirements.

Now banks govt planning to stop credit card purchase of Bitcoin . Mostly many country are banning credit card because of Bitcoin voality

  Bitcoin and Credit cards are both can be used as payment , but they have different in process , in Bitcoin , if you want to buy something you must have a btc in your wallet while in credit card ,the bank will be  the one to pay thing you buy and you pay it later with the terms condition of payment.

credit cards are a great option for use in electronic IMO payment processing, this is much faster and easy to use but the cost is too high too the risk of using a credit card when you put it into every site and should be careful not to use it in every way. 8)

I am a newbie and so unable to work it out sorry

One thing to remember that btcs work in a common platform and has no branches like fiats so are more vulnerable to mass corruption

the rules that govern credit cards are the exact opposite of bitcoins,
1. no decentralization credit cards are tied to a bank or financial institution whist bitcoins uses no intermediary at all
2. bitcoins are anonymous whist credit cards transactions are completely traceable.
3. international payments are subject to approval by these banks and financial institutions whilst those done with bitcoin are not
these are just a few of those features that make bitcoins and credit cards vastly different, its clear however that bitcoins would be the winner or will be the winner when the playing field becomes level.

You are wrong over here. Bitcoin is not completely anonymous. You and your transactions can still be traced, once you have been linked to your wallet. For this reason bitcoin is known to be pseudonymous rather than anonymous.
Based on the current situation, do you really think bitcoin is the currently the winner on financial situation?

You cannot directly relate a credit card from bitcoin because the two have diiferent concept. In terms of credit card, it is getting an item but you actually dont pay it yet and you have a credit out of it. While in bitcoins, you must have it first before you can purchase online. So you cannot directly relate bitcoin from credit card.

1- You're replying to post from 2015, the guy you're talking to is inactive for over 1.5 year.
2- people tend to use term 'credit card' when referring to any payment cards, including debit cards.

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You shouldn't really be comparing credit/debit cards with Bitcoin. Correct comparison is fiat money Vs Bitcoin. Cards are just tools, another method of making payment. They can be "powered" by USD, but also by BTC (see bitcoin debit cards).

There are plenty of ICOs that are suggesting and introducing a Credit Card. But, overall, I think having such a card from Bitcoin itself would be the biggest thing it could happen and the market would simply spike like never before.
Too bad there hasn't been any thought on this from the devs.

Everyone is going crazy over this card. Of course this is a good step that you have your own card, in a way it makes bitcoin and cryptocurrency more developed and more desirable for investors.

Without the introduction of Lightning Network fast transactions, bitcoin can not compete with cards and money from money. because this will cause big problems in the calculations. when sending bitcoin it happens to wait for a confirmation of the network, you have to wait more than a day in some cases.

seems to be about bitcoin credit cards, it depends on the policy of each government will be,
because as we know, currently there are still many issues surrounding the number of countries that reject bitcoin

The bitcoin business are profit to another one of crdit card process.the fast transaction digital currencies involved to credit card process in the business cryptocurrency purchases on credit, and Capital One and Discover had already enacted their own bans. That means all of the top five credit card issuers have announced or implemented bans.the sources of crdit card used to online market
place.will refered should be bitcoin used to credit card manully working in system of maketting process.

it's a good idea to have credit card bitcoin in the country with a credit card bitcoin for them because they have a bitcoin machine they are abroad but should be 100% safe credit card with the machine to prevent you they do not have their bitcoin funds and are good at credit cards atm to get more people to know bitcoin

I think they are bot alike because you have to cash in hand and you can pay something without bringing money, the only difference between them is that bitcoin works faster that credit card, because when you pay bitcoin no more signs or what so ever to finish transaction while in credit cards you need to sign after giving your card and bitcoin have no card yer so you pay using your mobile devices.

I think its much better to see it as a debit card rather than a credit card. Credit means that you’re going to pay it as credit first while in reality you would have to have the bitcoin coins first in your account before you can make the purchase. That’s why I think it would be better for a bitcoin debit card. Its important that you align yourself foirst that this is a technology and innovation worth exploring to. With this we can utilize the coins much more better and we can actually make bitcoin great and have more positivity in it

There btcs are prone to hacker attack much much more than the stealing of credit card numbers

Credit cards are not much smoother than btcs because btcs are much more safer and personal than use of cards

yhe problem is how can we assured about the payments?what i mean is the assurance of the parties whos releasing the funds?do we have to out collateral?since we cant fill up the form to put our identity,but this one is cool because in my place theres a bitcoin atm ,so credit card or debit is fine with me.

For your kind information btcs are not much well than credit cards as their is a total cash back gurantee if sent to a wrong place via credit card

I really agree to this good opinion. As a banker several years ago, I would like to say that btc is different from credit card. It will be more suitable to compare btc, let say btc card with debit card.In daily transaction these products can support each other, they can take the same function. The most important thing to do is issuing law or regulation regarding bitcoin that can be accepted globally to support bitcoin.

There are certainly cards now and still coming out, that are good for conversion of bitcoin to USD for immediate use... But I would love to see a pure bitcoin credit/debit card, but that would require businesses to accept crypto. I think that's a bit down the road still.

Bitcoin would need a lot of money in it, more than it does now for it to be a credit card. Bitcoin is not the same as the United States Dollar.

I think the only way it would work is if it was a pre-pay card which was topped up with bitcoin and then each day a set price is made for the conversion. It would be possible to link it to exact price at transaction due to the slow speed of transaction and volatility of the price

Now there is a very serious war between bitcoins, visas and master cards! There were already a lot of restrictions that some cards can not serve the crypto market! This war will go on for a long time, because very large capital has selected bitcoin from the visas! I think not soon there will be maps that will serve bitcoin!

I like the idea somewhat but i also think it's two worlds that should not be intertwined.

It works because they are the same digital transactions and process but different scope. Using credit cards it means a credit or a debt which oblige you to pay the interest, transactions and worst thing is the late fees if ever you did not pay on time but using Bitcoin for any transactions will make you at ease and disciplined because you are avoiding debt.

Well I think it does not smoke the same because with credit cards banks charge us interest while bitcoin gives us profits in multiple ways there is a big difference and our bitcoin platform is more secure while the credit card can be lost and they do not accept it in some countries while bitcoin is already declared the safest cryptographic virtual currency in the world

For me currently only bitcoin credit cards can be bought but maybe with some credit card items will also do this step. What could be a problem for them as the bitcoin price fluctuations because of the credit card you are buying now becomes difficult to determine some actual costs. 8)

.l.



If it is possible that Bitcoin could be withdrawn cash from the ATM machine thats been gooD  to hear about. The banks Will get involve to that because  you can not open a credit card  but no other than them. It depends if one of those projects of Bitcoin Will provide or issue of such credit Cards for the Bitcoin users. However, if credit Cards from the banks Will be used, then it could Help local banks for Its productivity as well. But somewhere in America, as what I read it from this forum that you can withdraw your Bitcoin to cash from the ATMs out there.

Interesting idea! Bitcoin credit card would be convenient for people in future, but it will be possible if bitcoin will more stable

In many countries there are already ATMs for bitcoin, as well as credit cards for which you can put your bitcoin and use it as a normal credit card. For example Xapo.

I recommend that all beginners begin training and find a good leader.

In a few years ATMs for bitcoin will be in many countries. Already, there are such ATMs in many countries of Europe and America. Progress can not be stopped.

Given the current situation, Bitcoin is arguably the most valuable currency on the market, but to say that Bitcoin credit cards are difficult is because many people still do not know Bitcoin. Improving on currency issues is difficult.

Well, I think there is a fine line between bitcoin and credit cards.
Bitcoin: the transactions are fast and very easy when it comes transfering money anywhere.
Credit card: works best at withdrawing money from the ATM machines. Yet can't withdraw your bitcoins from ATM without the credit card these days. 

Should be ETH-Credit cards as well.
The world of cryptocurrency debit cards has been growing a lot more competitive lately. Several companies held ICOs over the past year to raise money for such projects. Three main debit cards are on a lot of people’s radars right now, although it remains to be seen whether any of them will make an impact. These cards all have promise if their teams can deliver, though. It is great to see support for Ethereum generated by these cards, as that is pretty unusual.
TOP 3 projects: Tenx, Token Card and Monaco.

for me its both. because you can do a similar thing credit card to bitcoin. for example, you can use credit card to withdraw your money and also in bitcoin you can withdraw your money any but you dont need to use a card. but its a lots of similarities from the two.

Now there are many cards using bitcoin! but so far they are not in great popularity! while the beacon and the master of cards warred bitcoin! and until this war is over, the popularity and development of credit cards will be slow! ps thanks for the information on the existing cards!

I would love to see a pure bitcoin credit/debit card, but that would require businesses to accept crypto. I think that's a bit down the road still.