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Author Topic: Bitcoin-Credit Card  (Read 3035 times)
bitbunnny
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March 25, 2016, 06:52:03 AM
 #61

That would be a good idea. So far only debt Bitocin cards are avilable but maybe with time some credit cards issuers will make this step too. But what could be the problem for them is Bitcoin price fluctuation, because with credit card you buy now but pay later so it's hard to determine what the real expenses are.

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March 25, 2016, 07:08:44 AM
 #62

CreditCards are based on the current economical system, Simply it subtracts from the balance and connect to the bank, it's relatively a form of electronic non-paper money but no more similarities to bitcoin which is a new currency.

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March 25, 2016, 07:16:36 AM
 #63

The problem with a bitcoin credit card would be that if bitcoin falls, and becomes dust, how would users pay their credit card bills? If only there was a debit card that charged a flat fee instead of per-transaction...



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March 25, 2016, 07:18:58 AM
 #64

bitcoin is similar to credit card but bitcoin is not controlled by any company . also it is anonymous , so if you want to make transaction you don't need show your information

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March 25, 2016, 07:29:16 AM
 #65

Bitcoin credit card is a really bad idea if Bitcoin is still not regulated by a government agency. Because there is no way for the lender to get something back if they don't get in physical contact with the borrower and as we know banks don't accept any collaterals but real estates.

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