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Author Topic: Credit card for bitcoin users  (Read 707 times)
jaaeeeyyyy
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November 24, 2017, 11:18:13 AM
 #41

It wont work in the future , crediting is a debt so if we borrow money on it and paid in bitcoin basis it would be a lot more predictable because of bitcoins volatility. example todays bitcoin value is $7000 dollars and credited it to your atm then tomorrow bitcoin increases to $7500 , it would be a lot to paid than you borrowed.
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ogini
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November 24, 2017, 11:22:32 AM
 #42

Giving credit card will involve the banks and involving the bank will also involve fees,It is not a good idea it should be lift the way it is.
Shendy23
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November 24, 2017, 11:26:40 AM
 #43

I think that would be great for those someone who has high salary a month or a rich person because imagine how credit cards make you non stop buying things and after that you pay so many debt on the bank so credit card is nice but i think not all will apply to that.

BTCeminjas
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November 24, 2017, 11:31:04 AM
 #44

Would you agree if they will release a credit cards for all btc users . I think it can help alot to make transaction fast and also btc will be famous if that happens

Surely that idea won't work, bitcoin is decentralized no one behind in this crypto currency and also the price it is not stable of being volatility. Debit card it means you spend you own money while credit card something to borrow just to spend. Then who was managed on this it needs more stuff to work. But we can't predict if there's some one company to manage this kind of proposal.. Maybe!
Alexoxyevwii
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November 24, 2017, 11:32:12 AM
 #45

If the card was debited, it would be good) But it is a credit card. How will you control costs when the course is constantly changing.
weston4mills
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February 27, 2018, 10:57:31 AM
 #46

With a card transactions could be easier for some people. You don't need your PC for that so yes, it is a good idea

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jona
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February 27, 2018, 11:10:51 AM
 #47

Pretty good if it will be made available,because this will make transactions easier and comfortable,no stress of finding away to convert your bitcoin to local fiat currency.
Boximuss
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February 27, 2018, 12:27:39 PM
 #48

I think, for the majority of people, credit cards loan is an evil. Undecided
nagobinga
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February 27, 2018, 12:35:50 PM
 #49

it's good if there are credit cards for bitcoin players but where the manufacture may have to go to neighboring countries first to make it or in indonesia there is a place, please let me know.
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February 27, 2018, 02:12:37 PM
 #50

Would you agree if they will release a credit cards for all btc users . I think it can help alot to make transaction fast and also btc will be famous if that happens

And who will release a credit card for bitcoin users? Banks? Lol. Not gonna happen dude. And its not wise to use money you don't have for something as unstable as btc. It's not even for consideration dude. Logic says invest only what you can afford to lose. Using credit cards doesn't only violate that, you're spending money that's not yours

 
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klavyemaus52
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February 27, 2018, 02:16:25 PM
 #51

Its would be cool its would be to easy to transfer and easy to gain if its will be i will get this card
VanKleiss
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February 27, 2018, 05:42:35 PM
 #52

Would you agree if they will release a credit cards for all btc users . I think it can help alot to make transaction fast and also btc will be famous if that happens
Debit card is the most suitable for bitcoin  adoption. There are already a token like Monaco and TENX that would provide this kind of service where you can use their card and convert your cryptocurrency into fiat to make a purchase.
mekie
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February 27, 2018, 05:55:29 PM
 #53

A credit card would not work as others have said, the risks would be to great for any institution to handle-due to the fluctuations in BTC value, debit cards exist that allow you to spend in fiat currency and pay the card in crypto.

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coinbitw
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February 27, 2018, 06:01:06 PM
 #54

Would you agree if they will release a credit cards for all btc users . I think it can help alot to make transaction fast and also btc will be famous if that happens

Yes, definetely for easier and quick transactions but somehow it will take risks (many possible situations - fraud, hacking, scam and many more) and can affect the whole Bitcoin community/users. We can notice that even though it is not yet established, Bitcoin its name is famous and a huge name for everyone notice it Smiley
Tonestra
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March 04, 2018, 10:17:25 AM
 #55

Many functional credit cards have evolved over time. In the future bitcoin credit cards will become the prevailing payments instruments in the world
datodota002
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March 04, 2018, 10:27:39 AM
 #56

why we should use credit card for bitcoin?? while we have wallet to make instant payment, credit card is very vulnerable of carding and stolen information, it will be very dangerous to transaction with that card especially if you have a lot of bitcoin on that credit card.
goku21
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March 04, 2018, 11:11:25 AM
 #57

bitcoin is a good credit card for a single withdrawal to do abroad there is a bitcoin machine there that bitcoin and legit may be withdrawn from the bitcoin there because the government approves the bitcoin in their country so It's a good idea to have a bitcoin credit card but should be 100% secure bitcoin
Vinodam
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March 30, 2018, 08:23:33 PM
 #58

The invent of Credit card for local currency makes financial transaction easy and reduced risk of loss of local currency. also make purchases online and in business places handy and seemly. So having a credit card for btcoin user is applauable.  making transactions with bitcoin anywhere with  credit card as an equivalent of the local currency you're purchsing something with. Its a very robust idea.
Vannie12
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March 30, 2018, 09:19:05 PM
 #59

The concept is good I guess. But dream big. I would like a universal credit card that can be accepted by any banks. There can be a system where in you are the one who manually transfer the amount from your crypto wallet to the card, the amount would be in fiat or USD for it is quite the medium being used. So that it will be easier to withdraw wherever you are.
On the other hand, I guess fees will be huge  Grin
PuertoLibre
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March 30, 2018, 09:27:32 PM
 #60

Visa already blocked all crypto related cards on my country. Mastercard works well but there are delays on payment system. If you cant beat it join before losing the game. Visa should do something about it before it is too late.
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