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Author Topic: Shift - Bitcoin Visa Card - now available in the US  (Read 4523 times)
Mickeyb
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November 25, 2015, 09:10:01 AM
 #81

We already have this cards like bit-x in almost one year now. There is nothing new here
Bit-X is a scam with large fees and merely a 'prepaid' card.  You sell your bitcoin to someone who loads your prepaid card with value. it is not a true bitcoin card at all.  Coinbase is a card which has a deposit account backing that is done in bitcoin.  You hold bitcoin all the time.  When a charge comes in, some bitcoin is converted to $$$ to pay the merchant.  Totally different thing.  Bit-x doesn't do US.  Bit-X has shitloads of fees.  Bit-X is a prepaid card.  You could sell coconuts to some lunatic who would put $100 on a prepaid card.  Does that make it a 'coconut Visa'?  no, it just makes it a prepaid card getting charged up by some coconut dealer.  Coinbase has a completely different system. 

It's kinda a harsh calling something a scam when you had all the fees and the way of doing business laid out in front of you before you have subscribed for a service.

I am not saying Bit X cards are perfect but they are definitely not a scam!
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December 06, 2015, 03:28:21 AM
 #82

Well, I got my Shift card today, tied to Coinbase for BTC.  Activated and ready to go. What should I try and buy first? Kind of excited to try it out and see how it works.

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December 06, 2015, 04:13:01 AM
 #83

Should work like any other credit card.
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December 06, 2015, 04:16:23 AM
 #84

Well, I got my Shift card today, tied to Coinbase for BTC.  Activated and ready to go. What should I try and buy first? Kind of excited to try it out and see how it works.
Buy a cup of coffee on Starbucks! Grin

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December 21, 2015, 03:48:24 AM
 #85

Well, I got my Shift card today, tied to Coinbase for BTC.  Activated and ready to go. What should I try and buy first? Kind of excited to try it out and see how it works.
Buy a cup of coffee on Starbucks! Grin

Is that it?  That's the end of this discussion?  No more news about Shift Visa card?  Two weeks passed and no body cares any longer about having a debit card tied to their bitcoin at coinbase.  Wow, I thought this would be more exciting. 

Maybe someone has actually used one and has a story or two to tell?
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December 21, 2015, 04:41:42 AM
 #86

Wow great can i buy
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December 21, 2015, 05:27:14 AM
 #87

wow I would just hold the card until the fees are gone or lowered. I know banks had fees and stuff
also back in the day when atm cards first came out.



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jbreher
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December 21, 2015, 05:37:16 PM
 #88

wow I would just hold the card until the fees are gone or lowered.

Which fees are you concerned about? The $0.00 annual fee? The $0.00 transaction fee?

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

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December 21, 2015, 08:09:38 PM
 #89

wow I would just hold the card until the fees are gone or lowered.

Which fees are you concerned about? The $0.00 annual fee? The $0.00 transaction fee?
I must admit I am pretty upset.  I received my card.  I activated my card (same process as a normal credit/debit card).  Can you imagine my dismay when I went to a local store, charged up some stuff, had the card work perfectly, arrived home and saw the email notification I had set up to alert me a transaction had occurred (for security reasons until I get used to this), and then I logged into my Coinbase account to see exactly how the whole process worked, the money transfer went etc.

And there was Nothing!  No fee whatsoever!  They have the unmitigated gall to create a card that acts seemlessly throughout the entire world's existing Visa network, operates as it should, makes it super easy to keep most of my money in Bitcoin, and spend it directly almost everywhere in the world - and I don't have to pay ANYTHING for that privilege.

What a scam!  Sheeesh!  Dang this system!  I just know they are up to something.  I'll figure it out yet!
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December 21, 2015, 08:27:15 PM
 #90

wow I would just hold the card until the fees are gone or lowered.

Which fees are you concerned about? The $0.00 annual fee? The $0.00 transaction fee?
I must admit I am pretty upset.  I received my card.  I activated my card (same process as a normal credit/debit card).  Can you imagine my dismay when I went to a local store, charged up some stuff, had the card work perfectly, arrived home and saw the email notification I had set up to alert me a transaction had occurred (for security reasons until I get used to this), and then I logged into my Coinbase account to see exactly how the whole process worked, the money transfer went etc.

And there was Nothing!  No fee whatsoever!  They have the unmitigated gall to create a card that acts seemlessly throughout the entire world's existing Visa network, operates as it should, makes it super easy to keep most of my money in Bitcoin, and spend it directly almost everywhere in the world - and I don't have to pay ANYTHING for that privilege.

What a scam!  Sheeesh!  Dang this system!  I just know they are up to something.  I'll figure it out yet!

Yeah, like this guy...
wow I would just hold the card until the fees are gone or lowered.

I am waiting until the fees go 'lower' - lower than zero.  Then I'll get one too.
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December 21, 2015, 08:47:38 PM
 #91

wow I would just hold the card until the fees are gone or lowered.

Which fees are you concerned about? The $0.00 annual fee? The $0.00 transaction fee?
I must admit I am pretty upset.  I received my card.  I activated my card (same process as a normal credit/debit card).  Can you imagine my dismay when I went to a local store, charged up some stuff, had the card work perfectly, arrived home and saw the email notification I had set up to alert me a transaction had occurred (for security reasons until I get used to this), and then I logged into my Coinbase account to see exactly how the whole process worked, the money transfer went etc.

And there was Nothing!  No fee whatsoever!  They have the unmitigated gall to create a card that acts seemlessly throughout the entire world's existing Visa network, operates as it should, makes it super easy to keep most of my money in Bitcoin, and spend it directly almost everywhere in the world - and I don't have to pay ANYTHING for that privilege.

What a scam!  Sheeesh!  Dang this system!  I just know they are up to something.  I'll figure it out yet!

Am I the only one that are a little confused here? ....You are obviously a little bit sarcastic right? You used the card and paid "zero" transaction fees...? Why would you call it a

scam then... or is that part of the sarcasm? Coinbase are using Bitcoin as the back end and that makes these transactions, dirt cheap.  Huh

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December 21, 2015, 10:56:13 PM
 #92

wow I would just hold the card until the fees are gone or lowered.

Which fees are you concerned about? The $0.00 annual fee? The $0.00 transaction fee?
So what is the downside of using this card? I imagine that you have to had bitcoin wallet at CoinBase. And your coins are converted to FIAT at current market rate with no fees etc.
It sound like ideal solution until direct bitcoin adoption happen.

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December 21, 2015, 11:34:42 PM
 #93

Am I the only one that are a little confused here? ....You are obviously a little bit sarcastic right? You used the card and paid "zero" transaction fees...? Why would you call it a scam then... or is that part of the sarcasm? Coinbase are using Bitcoin as the back end and that makes these transactions, dirt cheap.  Huh

Yes, LOTS of sarcasm.  Read below for more explanation.


wow I would just hold the card until the fees are gone or lowered.

Which fees are you concerned about? The $0.00 annual fee? The $0.00 transaction fee?

So what is the downside of using this card? I imagine that you have to had bitcoin wallet at CoinBase. And your coins are converted to FIAT at current market rate with no fees etc.
It sound like ideal solution until direct bitcoin adoption happen.


None.  There are no downsides - unless, you are the average idealistic moronic bitcoin supporter that just likes to b*tch about the banks.  It never ceases to amaze me how absolutely stupid some people are to believe that bitcoin is ever actually going to change anything substantially.  It won't.  It is just money.  It isn't God.  It isn't revolution.  It isn't anything - except the newest pretty sea shell that people use to trade with.  It isn't even anonymous.  I find it hilarious that people still run around spouting about how anonymous bitcoin is.  Sure, if you really really work at it - you can do some anonymous transactions - but if the NSA or any serious entity wants to track someone down over time - they will eventually.  My having a pocket stuffed with dollar bills and handing it to someone is more anonymous than a bitcoin transaction.

The main problem with bitcoin, is that it is just money, THAT ALMOST NO ONE USES OR ACCEPTS!!!  Yet.

What I like about the Debit Card is simple.  I get paid in my little Fiat Dollar world.  It goes into my bank.  I buy bitcoins with that USD Fiat Bank Money almost immediately.  Since bitcoin is pretty much on a slow upward path, most of the time my "money" is increasing, sort of like a really good interest bearing bank account.  Only my current bitcoin account is up about 80% in the past 6 months.  Thats a really nice interest bearing account.  And using my debit card I actually get to buy stuff ANYWHERE in the world.

And that works really really well for me - because I like to be able to SPEND my money.  Actually, that is sort of the purpose of my having money - to spend it.  It is one of the reasons I don't let my customers pay me in Rocks, or chips of wood, or carrots or something.   And up until now I haven't let them pay me in bitcoin either, because I couldn't spend it easily.

Bitcoin = Money (but only when you can spend it)

Get your depit card and start spending your bitcoin, and increasing the flow of bitcoin, and then you will be actually contributing to the growth and infrastructure of the bitcoin monetary ecosystem.  Because if you don't then it will stop being money, and it will eventually die.
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December 21, 2015, 11:48:16 PM
 #94

It never ceases to amaze me how absolutely stupid some people are to believe that bitcoin is ever actually going to change anything substantially.  It won't.  It is just money.  It isn't God.  It isn't revolution.  It isn't anything - except the newest pretty sea shell that people use to trade with.  

Well, to be fair, it *is* the only form of money with which you can safely cross national borders with large quantities in possession. Which admittedly is something very few anticipate a need for. Until, of course, that moment that they do.

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

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December 22, 2015, 12:10:55 AM
 #95

It never ceases to amaze me how absolutely stupid some people are to believe that bitcoin is ever actually going to change anything substantially.  It won't.  It is just money.  It isn't God.  It isn't revolution.  It isn't anything - except the newest pretty sea shell that people use to trade with.  

Well, to be fair, it *is* the only form of money with which you can safely cross national borders with large quantities in possession. Which admittedly is something very few anticipate a need for. Until, of course, that moment that they do.
I stand corrected.  I admit that in my comfy life deep in the mountains in North Georgia,, USA - I am not part of the ongoing global migrations going on.  Come on down! Land of milk and honey here Smiley   Bring your bitcoins!  And some gold, silver, seeds, lots of room, all welcome that aren't idiots or religious nuts, or bankers.  Especially bankers.  And lawyers.  And politicians.  OK.... so it is a long list of people not welcome.... just do good, and you'll be good Smiley

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December 22, 2015, 12:25:12 AM
 #96

I can't test it but I hope this is one of the first steps into making Bitcoin more easily accesible since right now it's still on its infancy. If more people realize that Bitcoin can become a niche for digital payments so you don't have to register a credit card in every site then most of us will have a Bitcoin wallet loaded with some spare money for trivial things like that. Digital goods, gambling, apps, porn (!?) and many others!
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December 22, 2015, 02:01:19 AM
 #97

Am I the only one that are a little confused here? ....You are obviously a little bit sarcastic right? You used the card and paid "zero" transaction fees...? Why would you call it a scam then... or is that part of the sarcasm? Coinbase are using Bitcoin as the back end and that makes these transactions, dirt cheap.  Huh

Yes, LOTS of sarcasm.  Read below for more explanation.


wow I would just hold the card until the fees are gone or lowered.

Which fees are you concerned about? The $0.00 annual fee? The $0.00 transaction fee?

So what is the downside of using this card? I imagine that you have to had bitcoin wallet at CoinBase. And your coins are converted to FIAT at current market rate with no fees etc.
It sound like ideal solution until direct bitcoin adoption happen.


None.  There are no downsides - unless, you are the average idealistic moronic bitcoin supporter that just likes to b*tch about the banks.  It never ceases to amaze me how absolutely stupid some people are to believe that bitcoin is ever actually going to change anything substantially.  It won't.  It is just money.  It isn't God.  It isn't revolution.  It isn't anything - except the newest pretty sea shell that people use to trade with.  It isn't even anonymous.  I find it hilarious that people still run around spouting about how anonymous bitcoin is.  Sure, if you really really work at it - you can do some anonymous transactions - but if the NSA or any serious entity wants to track someone down over time - they will eventually.  My having a pocket stuffed with dollar bills and handing it to someone is more anonymous than a bitcoin transaction.

The main problem with bitcoin, is that it is just money, THAT ALMOST NO ONE USES OR ACCEPTS!!!  Yet.

What I like about the Debit Card is simple.  I get paid in my little Fiat Dollar world.  It goes into my bank.  I buy bitcoins with that USD Fiat Bank Money almost immediately.  Since bitcoin is pretty much on a slow upward path, most of the time my "money" is increasing, sort of like a really good interest bearing bank account.  Only my current bitcoin account is up about 80% in the past 6 months.  Thats a really nice interest bearing account.  And using my debit card I actually get to buy stuff ANYWHERE in the world.

And that works really really well for me - because I like to be able to SPEND my money.  Actually, that is sort of the purpose of my having money - to spend it.  It is one of the reasons I don't let my customers pay me in Rocks, or chips of wood, or carrots or something.   And up until now I haven't let them pay me in bitcoin either, because I couldn't spend it easily.

Bitcoin = Money (but only when you can spend it)

Get your depit card and start spending your bitcoin, and increasing the flow of bitcoin, and then you will be actually contributing to the growth and infrastructure of the bitcoin monetary ecosystem.  Because if you don't then it will stop being money, and it will eventually die.


OK, somebody totally gets it.  You can hold your paycheck in bitcoin to take advantage of increasing price, and use it whenever you want.  Brilliant.  Improving access 'to' and 'from' Fiat/Bitcoin is really important.  At least this makes the Bitcoin exit really painless and inexpensive.  Now, we just need to work on the reverse where we give $1000 and instantly get some BTC.  Better/more ATMs I guess. 
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December 22, 2015, 08:00:56 AM
 #98

so this card isnt eligible outside of US, darn, i'm waiting this card from long time ago,and did someone already make a review about this card(declined,success,or etc)? because im currently using few debit card provider's service and feel dissapointed because they'd mostly declined in few merchant

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Denker
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December 22, 2015, 11:58:14 AM
 #99

Well, I got my Shift card today, tied to Coinbase for BTC.  Activated and ready to go. What should I try and buy first? Kind of excited to try it out and see how it works.
Buy a cup of coffee on Starbucks! Grin

That would be dumb!
You know there exists an app (Fold) with which you can use Bitcoin and save 20% at starbucks?!
I recommend to use this one instead of the shift card.

https://foldapp.com/

https://coffee.foldapp.com/

But pay attention: Fold works at any Starbucks that accepts US gift cards. This includes Canada, Mexico, Australia, Ireland, Hong Kong, UK, Macau, and Spain.

98789
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★Bitvest.io★ Play Plinko or Invest!


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December 22, 2015, 03:29:11 PM
 #100

This is great really, I do not know why do people living in the US complain about their country, here we do not even have credit cards with no fees. Let's see how long Coinbase keeps the zero-fee on this, till then, everyone should get one of these cards, I would do it if I lived in the US.

Coinbase is playing really smart, I just hope they do not suddenly go Mt. Gox.

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