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Title: Would you use a (virtual) Bitcoin Credit Card? Post by: 🏰 TradeFortress 🏰 on December 21, 2012, 03:20:07 AM First of all, you will need to verify yourself (mobile phone SMS, drivers license / ID, etc) and then you will be able to get a bitcoin credit card. You will need to pay a fee depending on the credit limit - if you want a credit limit of 10 BTC (for example) you would need to pay 5 BTC up front in fees.
Why would you do that? Well, let's say you get paid in the 1st and 14th, and it takes a few days for you to get bitcoins on mtgox after a bank transfer. You want to buy something on the 8th. Pay it back in 30 days and no interest :) Would anyone be interested? It's not going to be an actual physical credit card, just a wallet where you can spend more than what you actually have. Title: Re: Would you use a (virtual) Bitcoin Credit Card? Post by: Third Way on December 21, 2012, 03:58:13 AM Payday loans? Is that what you're offering?
Title: Re: Would you use a (virtual) Bitcoin Credit Card? Post by: 🏰 TradeFortress 🏰 on December 21, 2012, 09:55:36 AM Payday loans? Is that what you're offering? basically, but you use it for any purpose.Title: Re: Would you use a (virtual) Bitcoin Credit Card? Post by: Luno on December 21, 2012, 10:12:51 AM If you believe in credit, find a bank!
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