Definitely! Sign up on our website and you will be receiving the first beta invites!

Our beta test will be US only but we will be rolling out world wide, yes

Thanks! We are trying to set some very competitive rates

There is the option to make the transfer automatic. We know that some people value keeping the services separate so this is not mandatory.

As for fees, the dynamic card will likely be sold for around $50 and the load fees will be in the range of 1-2%

Yes, its as awesome as you think! Basically what is happening behind the scenes is our system is issuing a one time use Visa / MC for a specified amount to be spent at the merchant. In parallel, the system calculates the BTC required to fund the equivalent in say USD and gives you an address to send that amount of BTC to. Once the transfer is confirmed then the card is ready to go!

This means that you get to keep your wallet however you'd like, your funds stay in BTC until you need them, and the merchant doesn't need to accept BTC as he is accepting fiat for the transaction. Hope this makes sense?

The only limitation for the transaction is the BTC verification time. You can make the conversion at any time, whether you convert enough for you to spend throughout the week or several times a day, you can effectively play the exchange rate as long as you can wait the few minutes for the verification to come through.

We take privacy very, very seriously and are working hard to minimize the information, if any that is required for us to issue cards to our users.

With our system the merchant is receiving whatever currency they're currently used to. There is absolutely no additional infrastructure required as all the transactions are processed on their end just as if it were a Visa / MC transaction.

Ultimately it will act as a complete end to end solution. However in the meantime as the market grows to accept bitcoin as a direct payment method our system will leverage the existing infrastructure installed by Visa/MC so that customers can use their BTC at any merchant that currently accepts credit cards. This will spread visibility in physical transactions.

Exactly. This first step is a painless way for merchants to start accepting BTC and for everyone to spread the word. Once they realize they can save on fees by accepting directly they will switch over.

Hey everyone,

We are developing an all in one payment card that replaces your entire physical wallet and allows you to spend your BTC just like cash at any merchant.

We are hoping to get some good feedback from users as we finish development of the system, would you use it? What features do you want to make sure we incorporate to make it useful?
 
You can also check us out at www.gobitstripe.com

Brief overview:
*1-The card itself is powered by a small microcontroller and has Bluetooth connectivity. It communicates with our app on your smartphone to dynamically update its magstripe to emulate whichever of your cards it needs to. We have security features in place that block attempts to add cards not assigned to you.

*2-Your BTC stay exactly where you have them now, basically when you want to add cash to your card the application gives you an address and once the BTC are received we automatically authorize the funds to be spent on your card. The timeframe for this is dependent on the BTC transaction confirmation time, otherwise it's essentially done in real time. This allows you to time your, say BTC-USD per the market s
Whenever you need cash.

*3-magnetic stripes are pretty low security and can be cloned with $10 of equipment if your wallet was ever lost or stolen. Going to a dynamic card actually greatly increases your security by requiring authenticating via either checking to see if your phone is near (and so are you hopefully) or by needing to enter a PIN on the card itself.

We are developing an all in one payment card that replaces your entire physical wallet and allows you to spend your BTC just like cash at any merchant.

We are hoping to get some good feedback from users as we finish development of the system.

Check us out at www.gobitstripe.com