Using Bitcoin vs. credit cards

[Amelial]

If I use credit card it's meant I borrow bank's money but use btc, we use ourselve money.

[AriannaSantosUU]

Bitcoin and credit card are two different things. There is something that cannot be applied to both. But yes, I agree that there should be some kind of reward. They can apply it when you are consistenly investing in btc, that is just my idea.

[sfdseew]

This is in two different categories, but Bitcoin transactions do trade better than credit cards and banks, which is why many like bitcoin.

[Df9898]

using bitcoin is better than using a credit card because of the bitcoin has value it is high and its not the debt to any party because of the bitcoin as cash transaction and direct their money there or who have bitcoin can directly pay for and can be exchanged for cash the bitcoin.

[noictib]

Many credit cards have 1% to 2% cash back on all purchases plus a $100 - $300 credit to your account after a minimum purchase amount in the first couple of months.  These are great incentives for people to get and use more creditcards.  Most Americans will have several credit cards in their pockets for different reasons, business, personal, gasoline, shopping, travel etc etc. 

What are the incentives for bitcoin.  When you purchase bitcoin on exchanges you get charged fees.  When you spend bitcoin on products and services you get charged a fee where as the bit credit card companies eat those costs in order to suck in more customers, community, network of users. 

I believe we need such incentives in the bitcoin world in order to accumulate more community and users.  I have no immediate ideas of how this will get done but I believe it is something to look into.

What do you think? Agree? Disagree? Why?

You are right at your point that bitcoin payment credit card system is not much better than what the normal credit card have and also giving free cash back of 100-300$ for use in 2-3 months that is the truth but here you should not forget about the bitcoin positivity to use for the payment and also here more chances for you is that you can double your Money by doing nothing , if the price of the bitcoin get rise then surely your worth for the bitcoin credit card will increase and in that case you will be able to make buy more and more things than what you were able to buy with Simple credit card and also with the bitcoin Debit card everything remains open and transparent to see .
So here a type of things I seen that in both of these two have ease to access our money and both of them are advantageous at Thier place to use according to conditions .

[galkina]

What do you think? Agree? Disagree? Why?

Here is why I prefer bitcoins over credit cards:

1) You are right that as a payment medium there are rewards in case of credit cards while with bitcoins one has to incur a lot of fees. But you are forgetting that the value of bitcoins that you are holding in your wallet is increasing with time. Sometimes it becomes 3-4 times in a year which is impossible for money kept in banks.

2) Another benefit is that with credit cards, you are spending money that you do not have. In case of bitcoins, you are spending only what you have in your wallet.

[zaytsevsasha654]

We at Visa will not process transactions related to crypto-currencies, "said Visa President Alfred Kelly in an interview with CNBC on January 17, 2018