Bitcoin company says debit cards coming in two months
BitInstant hopes to expand cryptocurrency's reach beyond sketchy characters.
Cyrus Farivar
2012-08-21
http://arstechnica.com/business/2012/08/bitcoin-company-says-debit-cards-coming-in-two-months/...
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The card would work similarly to a prepaid debit card, where a fixed value can be held on the card. Shrem declined to say which banks would be issuing the cards, but he did say that one would be in the United States and another would be outside the country.
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Skepticism abounds
Nicolas Christin, the associate director of the Information Networking Institute at Carnegie Mellon University, has done extensive economic research on the use and scope of Bitcoin. He remains a bit skeptical that this debit card will make a big impact among the general public.
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