ATM Maker Diamond Circle to Launch Bitcoin Debit Card

[pdawg]

Bitcoin ATM maker Diamond Circle has announced it will launch a bitcoin debit card this week at the Bitcoin 2014 Conference in Amsterdam, in conjunction with its UK distributor Swiftbitz.  Full article here:

http://www.coindesk.com/atm-maker-diamond-circle-launch-bitcoin-debit-card/

[ChuckBuck]

Was about to praise this until I read it'll only work with Diamond ATMs.

Need BTC Debit Cards to be agnostic and work with any Bitcoin ATM.

[qiwoman]

It will work with full POS wiht retailers worldwide.. I just bought my 6th share in Swiftbitz  AMTs which is europe and middle east distributor for DM

[Houseman]

On face value their product suite looks great, seems like they have a bunch of offerings (available soon) but very little in the crypto press apart from 1 Coindesk article, so wondering how soon is soon?

http://diamondcircle.net/

[doof]

On face value their product suite looks great, seems like they have a bunch of offerings (available soon) but very little in the crypto press apart from 1 Coindesk article, so wondering how soon is soon?

http://diamondcircle.net/

I will share as much as I can, but I am under DNAs with DC, so I hope I'm not out of line here:

Software development has moved out POC and is fast becoming production ready.   There have been some 3rd party hardware delays, which of course have had knock on effects.

The ATM was taken to BTC Amsterdam and its my understanding that it was well received.  Some deals have been forged which I'm sure DC will announce when then can.

The director Steve is returning tomorrow and I will be catching up with him.   Happy to ask and report any questions directly.

[qiwoman2]

Great news as I want to order a ton of cards so we can distribute to our members. Of what I know card is not oly to be used in atms but for the one wallet online correct/ Where you can transfer your btc into other currencies and direct to your bank or debit/credit card. Please correct if I am wrong thanks.

[RedhatCAT]

Great news as I want to order a ton of cards so we can distribute to our members. Of what I know card is not oly to be used in atms but for the one wallet online correct/ Where you can transfer your btc into other currencies and direct to your bank or debit/credit card. Please correct if I am wrong thanks.

I would assume that you would not be able to simply distribute these cards to other people as they are likely intended to be associated with one specific person.

[JypsiCreme]

It's not like it's an entirely new idea. Just look at CoinKite. It's also a good idea because so far my phones battery often dies