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What's the difference between a Bitcoin payroll debit card and a Bitcoin debit card.  They're basically the same thing |
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the main use of a Bitcoin debit card is to convert Bitcoin to anonymous cash and withdraw local currency from ATM machine .. so you want to make sure the card is really anonymous with no ID or documentation requirements.
Sounds like a scam |
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I don't think I'd want to place coins on a card like this. What would the benefit of this be instead of just converting the coins to fiat?
I don't think you would have to place your coins on the card. It's just another avenue to spend bitcoins. For instance you don't literally place fiat on your bank's debit card because it's connected to your bank account thereby giving you an additional way to access your bank account. What I am simply saying is, a Bitcoin Debit Card can be an additional and instant way to access your Bitcoin Wallet.  |
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What are the pros and cons for Bitcoin Debit Cards? Im trying to make a information page, if you want to assist drop some useful information I should add.
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the truth is: it wouldn't with this inflation and volatility. It's just a marketing-pitch for you to get all warm and running over it.
You really want to rob the poorest of the poor off their money and transfer their last bit of what they have to the miners and traders? Can't be serious.
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to create a wiki page for Bitcoin Debit Cards. If you google the term "Bitcoin Debit Cards" there's a ton of companies offering a Bitcoin Debit Card but there's no credible source offering information about a Bitcoin Debit Card is.
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I wrote this article when the exchange rate was @ 800, look where we are today. Those large retailers are not holding their BTC. They are dumping it on the market!I think that the more Bitcoin will be adopted, the bigger the price should be because Demand will increase. Which creates a surplus which creates the drop in price. |
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i seen anx card but the fees for each use do not seem good , i like no monthly fee but come on $1.25 for each transaction purchase at store is something else. Even prepaid normal visa or mastercards are not raping people like this. Hi DARKANGEL6415, I am not sure where you read that about the fees on our card. There is no POS purchase free on any of our cards. For our ANX Premium Card, the only fee there is is when you withdraw from an ATM. https://anxbtc.com/pages/#/card-compareIf you have any other questions, please don't hesitate to ask. Have a Happy New Year. i am really glad you on here i wont ask private question i will just put it on here. So the card from ANX from what i seen has no fees except to take out money at atms is this correct. All purchases from online stores like amazon or at local stores like walmart or gas stations will NOT have any fees correct. There is also no cost to load the card is this also correct? If all the following are correct how does ANX make money to keep going? Also are the cards a visa or master card logo. In the mean time while this is answered i am trying to find where i seen fee comparison between Xapo and ANX. Also forgot to ask does the ANX cards ship to people in the usa and how long does it take and does the card come in our personal names? Is this card also allow you to spend in real time like Xapo card where it auto sells or do we have to do the work and how do we deposit into it cash, bitcoins other alt coins? 1. It is correct, there are no fees on the ANX Premium card, except for ATM withdrawals. 2. There are no fees on any POS/Online Purchases. 3. There are no card loading fees. 4. We aren't telling you  5. I believe that the ANX Premium card is a Mastercard card, but I am not 100% sure. 6. Yes, we ship our cards worldwide. 7. No, the card will only have "ANX" printed on it as its name. 8. Our card currently doesn't support the Xapo functionality to auto sell on purchase. 9. You can deposit Bitcoins onto your ANX account, and then load it onto your card. The bitcoins will be exchanged into USD and then stored on your card. That article is very old. You can find a new table with our current fees here. For protection, your card comes with a PIN. I'm not sure how stuff like this works in the USA, but here in Europe you have to put in your PIN on every POS purchase. perfect thank you for answering my questions. I am a little bit concerend as to the card not having a name on it is there a reason for this. I travel alot and use hotel services and fly alot / rent cars. How will i be able to use this card to book a hotel, get a plane ticket, or rent a car if there is no name on t they can match to my ID? I open account just now and submit verification after reading this answers and got message saying they will send me a code by mail? Is this mail coming from the USA or is it from somewhere else where we have to wait long time. I also see they offer free card if account is verified by January 31st 2015 but i see it only applies to the card that holds funds in HKD that would charge me $30 to use the ATM lol. Is there any was to get the Premium card without paying high shipping fees and what is the delivery speed between registered mail and expedited mail to the USA 1. I don't think there would be any problem with that. 2. It comes from our offices in Hong Kong, but the delivery speed is very quick. It should take less than a week. 3. I would suggest to simply get the HKD card and upgrade the shipping to get the ANX Premium card. You can also just get the ANX Premium card, load 0.9 BTC, and we will give you the card cost back. ok i will see what i can figure out cause noway i am dropping $300 0.9btc into something i have not tried out yet or see how will work for things like hotel rentals or airplane tickets.
i understand what you are saying but i stay at hilton hotels and i can tell you right off bat. They need a credit or debit card that has persons name on it to work / match id. Only exception they make is on company credit cards that have business name on them. As for airlines i am sure they might have issue but never know. Is there any reason why ANX will ask for verification information but not send cards out with peoples name they verify?[/b] From what I understand only banks can issue debit cards with the customers name on it |
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Battery storage suck. We don't even have decent electric cars. Why should power companies buy expensive wasteful batteries?
batteries lol....you know what a transformer is right? Yes, it converts (transforms) alternating current to either higher voltage with lower current or lower voltage with higher current. It does this through electrical induction between two coils with differing numbers of windings. What does that have to do with the discussion at hand? I think he's right. They use transformer stations to change amperage for long distance transmission on the grid. Still it's not very efficient compared to batteries and bitcoin would be more efficient still. No. He's wrong. He's claiming that they use transformers to "store" electricity in magnetic fields: - snip -
A transformer transforms voltage yes but is also a storage of potential energy via a magnetic field.
He's also claiming that you can't power a transformer with wind or solar energy: So, yes you need a battery for wind energy or solar energy because it does not produce a steady state energy. Thus you can't power a transformer because you do not have a constant potential difference.
He doesn't seem to understand how the electric power supply companies operate at all. He doesn't realize that they waste energy generating electricity that goes unused during off-peak times, that wind, solar, or any other form of alternating current can power a transformer, or that transformers do not "store" electricity.
It doesn't necessarily work that way. The harder a generator works (bigger electrical load) the more it uses fossil fuel. The difference between running at full load and half load wouldn't be the amount of electricity wasted it would be the consumption rate of fossil fuels. |
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Sorry guys, I already did the deal with Maidak
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Hi there I have a nice amount of bitcoins and am looking for a good place to move where I can live off of selling bitcoins on LocalBitcoins.com
From bitcoins to the local currency.
The criteria is the following:
1) Somewhere im not going to get arrested for not having licenses (like those guys in Florida)
2) Somewhere I may be able to exchange btc for a markup (possibly a country with expensive or unreliable exchanges )
Thanks.
Belize or Panama  |
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Amex is likely trying to hedge itself. Adopting btc in some form may be the only viable way to survive long term.
Watching this space
Yes, eventually this will happen and all this major credit card companies will become history, thanks to bitcoin, but I'm afraid that this will not happen soon. Long way is ahead of us  Share some of that good stuff you're smoking Credit isn't going anywhere especially with a shrinking US middle class |
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Traded 1.2 btc in exchange for Amazon Gift Cards AAA+ Seller   Thanks again Derrik! |
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Willing to exchange 2X 250 Amazon gift cards for 1.35 btc.
bump |
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Has anyone used this exchange?
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Willing to exchange 2X 250 Amazon gift cards for 1.35 btc.
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I can pay via a Debit Card or I can buy any gift cards of your choice for exchange to btc
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theres already many bitcoin credit cards like xapo, bitplastic, etc
smh, those are debit cards not credit cards. |
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Credit has never been an alien phenomenon and it could certainly be done with Bitcoin however as we've seen with exchanges, people who blatantly abuse this kind of system and try to pretend they have more Bitcoin than they actually have etc. will be spotted easily in this kind of market.
I remember some sort of chinese exchange getting set up at one point awhile back and it had somehow gained several hundred in BTC trade volume in just a few days, of course, everyone knew that was a load of crap so they avoided it, you can expect that kind of thing to happen with credit cards.
Fractional reserve lending is very unconvincing when what people are lending out has a fixed supply, that's why all the bankers use paper now and abandoned precious metals.
You made some good points, perhaps it's dangerous to offer credit within a fixed money supply based economy. |
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