Bitcoin Forum

Bitcoin => Press => Topic started by: shane on February 04, 2016, 05:32:19 AM



Title: [2016-02-03] Coinbase Provides Insight Into Shift Card Usage
Post by: shane on February 04, 2016, 05:32:19 AM
In November last year Coinbase partnered up with Shift Payments and announced the launch of its US bitcoin debit card, allowing bitcoin to be accepted in America anywhere VISA is taken, and has recently released some information regarding its adoption and use.

Overall, since its launch, over 10,000 people have signed up for the card and over $1,000,000 worth of bitcoin has been spent using it. Perhaps unsurprisingly, the amount being spent using the cards rose each week, up to the days around Christmas where around $160,000 worth of bitcoin was spent in one week. After the Christmas period this fell to around $70-80,000 per week but is slowly growing.

http://allcoinsnews.com/2016/02/03/coinbase-provides-insight-into-shift-card-usage/


Title: Re: [2016-02-03] Coinbase Provides Insight Into Shift Card Usage
Post by: Kprawn on February 04, 2016, 03:55:06 PM
How ironic, when I use cash nobody knows where I am spending it.. when I use these 3rd party services, they are able to track where I shop... and if

they check the merchant, they will even know what I bought. So the 3 letter agencies or hackers will know when your wife needs Tampons and what

type she buys and how much McDonalds you ate during that week. Wow... Bitcoin is truly anonymous ....Not!