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Author Topic: Bitcoin-Credit Card  (Read 3453 times)
Ammajan
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February 20, 2018, 01:04:19 PM
 #81

if we used bitcoin credit card so we can it use forever every place.come changed bitcoin payment system .it was very good for bitcoin user but for credit card need every user identity and details.
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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kalawang
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February 20, 2018, 01:05:44 PM
 #82

People are becoming increasingly accustomed to using bank cards. Now, with the increasing penetration of mobile and P2P payment systems, the necessity to use cash is quickly becoming obsolete. 
Which do you think is the relation between bitcoin and credit card? Don't you think the use of credit card works as the same way as bitcoin does?
It is easier when you used it as a credit card. Since lots of your earnings in bitcoin are save in yoir online wallets.It is widely similar from old credit card who usually used. And  they need to talk about how it is when paying annual.
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February 20, 2018, 01:09:47 PM
 #83

In my country i have not seen people using bitcoin credit cards,so i will not say much of it,if i got the privilege to use such i will accept and prefer it.
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February 20, 2018, 01:12:08 PM
 #84

It does, and there's already hybrid Bitcoin and credit card thing, it's called Bitpay. Personally I don't have a Bitpay card but I've only heard good things about it. You load it up with Bitcoin and then you can go anywhere and spend it like a debit/credit and the company behind it figures out the fair USD/BTC market value of the transaction and properly charges it.

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February 20, 2018, 02:24:37 PM
 #85

I have participated in so many campaign that intend to work on debit card for cryptocurrencies. So the possibility of debit card adoption is sure not credit card.
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February 20, 2018, 02:26:38 PM
 #86

You load it up with Bitcoin...

This is the exact opposite of credit - what you're talking about is debit. Very different things, so it's better not to keep confusing them all the time like people tend to do. Credit and debit work entirely differently and have entirely different requirements.

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February 25, 2018, 10:27:03 AM
 #87

Now banks govt planning to stop credit card purchase of Bitcoin . Mostly many country are banning credit card because of Bitcoin voality
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February 25, 2018, 01:03:53 PM
 #88

People are becoming increasingly accustomed to using bank cards. Now, with the increasing penetration of mobile and P2P payment systems, the necessity to use cash is quickly becoming obsolete. 
Which do you think is the relation between bitcoin and credit card? Don't you think the use of credit card works as the same way as bitcoin does?
  Bitcoin and Credit cards are both can be used as payment , but they have different in process , in Bitcoin , if you want to buy something you must have a btc in your wallet while in credit card ,the bank will be  the one to pay thing you buy and you pay it later with the terms condition of payment.
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February 25, 2018, 02:19:08 PM
 #89

credit cards are a great option for use in electronic IMO payment processing, this is much faster and easy to use but the cost is too high too the risk of using a credit card when you put it into every site and should be careful not to use it in every way. Cool
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February 28, 2018, 04:38:28 AM
 #90

I am a newbie and so unable to work it out sorry
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February 28, 2018, 08:16:30 PM
 #91

One thing to remember that btcs work in a common platform and has no branches like fiats so are more vulnerable to mass corruption
Doge dealer
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February 28, 2018, 08:27:35 PM
 #92

the rules that govern credit cards are the exact opposite of bitcoins,
1. no decentralization credit cards are tied to a bank or financial institution whist bitcoins uses no intermediary at all
2. bitcoins are anonymous whist credit cards transactions are completely traceable.
3. international payments are subject to approval by these banks and financial institutions whilst those done with bitcoin are not
these are just a few of those features that make bitcoins and credit cards vastly different, its clear however that bitcoins would be the winner or will be the winner when the playing field becomes level.

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February 28, 2018, 08:41:35 PM
 #93

2. bitcoins are anonymous whist credit cards transactions are completely traceable.
You are wrong over here. Bitcoin is not completely anonymous. You and your transactions can still be traced, once you have been linked to your wallet. For this reason bitcoin is known to be pseudonymous rather than anonymous.
its clear however that bitcoins would be the winner or will be the winner when the playing field becomes level.
Based on the current situation, do you really think bitcoin is the currently the winner on financial situation?

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De Suga09
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February 28, 2018, 08:55:38 PM
 #94

People are becoming increasingly accustomed to using bank cards. Now, with the increasing penetration of mobile and P2P payment systems, the necessity to use cash is quickly becoming obsolete. 
Which do you think is the relation between bitcoin and credit card? Don't you think the use of credit card works as the same way as bitcoin does?

You cannot directly relate a credit card from bitcoin because the two have diiferent concept. In terms of credit card, it is getting an item but you actually dont pay it yet and you have a credit out of it. While in bitcoins, you must have it first before you can purchase online. So you cannot directly relate bitcoin from credit card.
pawel7777
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February 28, 2018, 09:18:42 PM
 #95

...

You cannot directly relate a credit card from bitcoin because the two have diiferent concept. In terms of credit card, it is getting an item but you actually dont pay it yet and you have a credit out of it. While in bitcoins, you must have it first before you can purchase online. So you cannot directly relate bitcoin from credit card.

1- You're replying to post from 2015, the guy you're talking to is inactive for over 1.5 year.
2- people tend to use term 'credit card' when referring to any payment cards, including debit cards.


the rules that govern credit cards are the exact opposite of bitcoins,
1. no decentralization credit cards are tied to a bank or financial institution whist bitcoins uses no intermediary at all
2. bitcoins are anonymous whist credit cards transactions are completely traceable.
3. international payments are subject to approval by these banks and financial institutions whilst those done with bitcoin are not
these are just a few of those features that make bitcoins and credit cards vastly different, its clear however that bitcoins would be the winner or will be the winner when the playing field becomes level.

You shouldn't really be comparing credit/debit cards with Bitcoin. Correct comparison is fiat money Vs Bitcoin. Cards are just tools, another method of making payment. They can be "powered" by USD, but also by BTC (see bitcoin debit cards).


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February 28, 2018, 09:35:38 PM
 #96

People are becoming increasingly accustomed to using bank cards. Now, with the increasing penetration of mobile and P2P payment systems, the necessity to use cash is quickly becoming obsolete. 
Which do you think is the relation between bitcoin and credit card? Don't you think the use of credit card works as the same way as bitcoin does?

There are plenty of ICOs that are suggesting and introducing a Credit Card. But, overall, I think having such a card from Bitcoin itself would be the biggest thing it could happen and the market would simply spike like never before.
Too bad there hasn't been any thought on this from the devs.
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March 01, 2018, 10:45:16 AM
 #97

Everyone is going crazy over this card. Of course this is a good step that you have your own card, in a way it makes bitcoin and cryptocurrency more developed and more desirable for investors.
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March 02, 2018, 06:26:53 AM
 #98

Without the introduction of Lightning Network fast transactions, bitcoin can not compete with cards and money from money. because this will cause big problems in the calculations. when sending bitcoin it happens to wait for a confirmation of the network, you have to wait more than a day in some cases.
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March 02, 2018, 06:44:42 AM
 #99

seems to be about bitcoin credit cards, it depends on the policy of each government will be,
because as we know, currently there are still many issues surrounding the number of countries that reject bitcoin

]
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March 02, 2018, 06:46:40 AM
 #100

The bitcoin business are profit to another one of crdit card process.the fast transaction digital currencies involved to credit card process in the business cryptocurrency purchases on credit, and Capital One and Discover had already enacted their own bans. That means all of the top five credit card issuers have announced or implemented bans.the sources of crdit card used to online market
place.will refered should be bitcoin used to credit card manully working in system of maketting process.

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