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densuj
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May 05, 2017, 08:38:29 AM
 #21

I remember hearing something about a bitcoin credit card. Like, one that you pay for everything with fiat on credit, and then you pay off your bill in bitcoin. So you never have to hold fiat if you don't want to.

What's the best/most reliable credit card that does this?
Until today still there are not bitcoin credit card avaliable out there, at least what I know.
For right now just there are bitcoin debit card avaliable only,
because bitcoin is decentralized i am not sure in the future there are service bitcoin credit card
to payment something, but actually that is good chance business.
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May 05, 2017, 12:25:36 PM
 #22

I remember hearing something about a bitcoin credit card. Like, one that you pay for everything with fiat on credit, and then you pay off your bill in bitcoin. So you never have to hold fiat if you don't want to.

What's the best/most reliable credit card that does this?
Until today still there are not bitcoin credit card avaliable out there, at least what I know.
For right now just there are bitcoin debit card avaliable only,
because bitcoin is decentralized i am not sure in the future there are service bitcoin credit card
to payment something, but actually that is good chance business.

Bitcoin credit card is just like giving loan for that we need lot of security measures if not the users will not pay back, and that is why i think no one have started the Bitcoin credit card system.
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May 05, 2017, 03:16:56 PM
 #23

There are no trusted bitcoin credit cards as of now as the merchants may risk their money is the user does not pays back the bitcoins.
Maybe till such a service is available you may stick to using debit cards that need to load up the balance before hand.
btw, I use spectrocoin debit card.

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May 05, 2017, 03:25:30 PM
 #24

spectrocoin is the best i am using their services for almost one year and half , trusted with quick awesome support ,they have both virtual \plastic cards registered with my-choice co in London.

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May 05, 2017, 03:42:41 PM
 #25

Maybe you heard about the project calledTokencard? It is a debit card. (http://tokencard.io)
The team is developing a card which enables online payments, PoS transactions and ATM withdrawals. The Bitcoin is automatically transferred into dollars, on the value of the actual Bitcoin price. I believe they had their ICO a few days ago.

Whatever; I don't believe that there is a change that we will see a big player on the financial market introducing a creditcard of Bitcoin in the near future. I don't think Financial institutions are dying to create a creditcard like that- at least, for the time being.  Roll Eyes For the past years banks are getting more and more familiar with Bitcoin. Furthermore, I question the expectation that risk of people not paying back with bitcoin credit is higher than people with regular VISA/Mastercards. The blockchain improves this transparency. Hope we will see something like this in the future, because it is quiet interesting....  Grin
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May 05, 2017, 03:53:19 PM
 #26

I heard about that, bitcoin Debit card that can allow you to pay your bills with it. But unfortunately, I can't use it in my country. I hope one day, It will be reachable here.
By the way, there is no problem, i can convert my bitcoin to real money and use it to pay my bills or anything else.

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May 05, 2017, 04:30:33 PM
 #27

Do you guys have any idea what the OP is talking about? A credit card, not a debit card! You must be under 18 as you don't know the difference.
There is no bitcoin debit card because those wallets are what they are, a bitcoin wallet/exchange, not a bank, or something else with the ability to deliver credits.

You must be under twelve years old if you didn't comprehend my comment as stating exactly that.

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May 05, 2017, 04:34:54 PM
 #28

I have not seen a bitcoin credit card yet. It would be amazing if there is a such service but I don't think it would be practical as for credit card the company usually need some proof of source of income, but with bitcoin it's not easy to give that.
I agree with what you have said. I will be really glad if there will be a bitcoin credit card available for us to use. It will be surely convenient and less hassle for people. But I guess it will be hard to process this kind of ideas nowadays. Companies need to be secured about peoples background informations if we're wanted and going to push this.
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May 05, 2017, 06:01:57 PM
 #29

I know some companies that provide this service, but as prepaid cards (you have to keep a balance there). In two of them (Wirex and Xapo) you can keep your balance in BTC and spend it on the go. On Advcash, you can deposit your BTC, but need to exchange it for fiat before you can use it.

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May 07, 2017, 04:48:02 AM
 #30

I can see problems with this. Bitcoin is unregulated and therefore there could be issues when someone refuses to pay his bill.

I heard that too, from my friend in the Philippines, they offer virtual card where you can use to pay bills online using the bitcoin you have in the net. I guess it is good because he is using it even in some online shops and they accept it.
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May 07, 2017, 05:16:40 AM
 #31

it's different price in different country?what should we choose a fixed price?
davis196
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May 07, 2017, 05:21:19 AM
 #32

I remember hearing something about a bitcoin credit card. Like, one that you pay for everything with fiat on credit, and then you pay off your bill in bitcoin. So you never have to hold fiat if you don't want to.

What's the best/most reliable credit card that does this?

This is like thread  number 1000 asking the same question over and over again.
If there really was a bitcoin credit card,where should we use it?
I feel that bitcoin is an "anti-credit/debit card" currency.


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May 07, 2017, 06:22:25 AM
 #33

There are no trusted bitcoin credit cards as of now as the merchants may risk their money is the user does not pays back the bitcoins.
Maybe till such a service is available you may stick to using debit cards that need to load up the balance before hand.
btw, I use spectrocoin debit card.
Actually, when someone uses their credit card to buy stuff and make a payment for the merchant, the merchant itself will receive full payment because all is already paid by the bank and the credit card owner will be charged in form of credit periodically. Therefore, the merchants are risk-free, the one which will burden the risk of the uncomplete bill is the bank.

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May 07, 2017, 12:43:04 PM
 #34

The existence of a wide range of services will make the existence of the bitcoin bitcoin keeps getting better, various ideas have been submitted and I think making the position of the bitcoin keeps getting better. the idea of bitcoin credit card is good.
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May 07, 2017, 03:33:36 PM
 #35

Yea I came by these card recently I got an account at coinizy and get my self a credit card,
it was fun using bitcoins adding funds to the credit card. Smiley I used the card purchase stuff on amazon it was so
kool. after amazon was start asking question about the card details so I cleared it up and stop using the credit card.

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May 07, 2017, 03:44:25 PM
 #36

I remember hearing something about a bitcoin credit card. Like, one that you pay for everything with fiat on credit, and then you pay off your bill in bitcoin. So you never have to hold fiat if you don't want to.

What's the best/most reliable credit card that does this?

they don't do this anymore, last time i heard about this was some signature campaign that was releasing credit card for bitcoin, maybe was bit-x or something? but it was very expensive and not convenient to use for bitcoin, debit card are much better and you have more choice with them, xapo one is very good for example
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May 07, 2017, 03:53:41 PM
 #37

Yea I came by these card recently I got an account at coinizy and get my self a credit card,
it was fun using bitcoins adding funds to the credit card. Smiley I used the card purchase stuff on amazon it was so
kool. after amazon was start asking question about the card details so I cleared it up and stop using the credit card.
This is one feature that makes bitcoin better. It will likely take a long time to apply it in various aspects of life.
We are still waiting for the right time. There will be a big shift if all this happens.
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May 07, 2017, 04:16:12 PM
 #38

I heard about that, bitcoin Debit card that can allow you to pay your bills with it. But unfortunately, I can't use it in my country. I hope one day, It will be reachable here.
By the way, there is no problem, i can convert my bitcoin to real money and use it to pay my bills or anything else.

I also do not have any such cards available for bitcoins but the OP question of credit card is really a good idea. Credit card means you can get bitcoins on credit and they you pay after a month. This will be really helpful for those who need bitcoins urgently or you can get advance bitcoins and get them increase by trading etc.
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May 08, 2017, 08:29:27 AM
 #39

I guess a credit card is not a good idea in bitcoin and im pretty sure a physical debit card would work than a credit card but still a good idea if we can credit a bitcoin transaction but no good this time not many stores accepting bitcoin i guess no store will accept no credit a bitcoin.
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May 08, 2017, 08:38:25 AM
 #40

I can't be done as there's strict regulation overbitcoin right now and not every country will allow that.

Do you guys have any idea what the OP is talking about? A credit card, not a debit card! You must be under 18 as you don't know the difference.
There is no bitcoin debit card because those wallets are what they are, a bitcoin wallet/exchange, not a bank, or something else with the ability to deliver credits.

Well, there is bitcoin debit card. uquid is one thing that come into my mind when talking about bitcoin debit card. If it's credit card, then i don't know any.

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