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Author Topic: Bitcoin Cash Visa Debit Card announced  (Read 370 times)
Rick Nolan (OP)
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December 12, 2017, 02:22:16 PM
 #1

Yesterday Rojer Ver, a well-known supporter of Bitcoin Cash, published an announcement in his twitter account, stating that Bitcoin.com is going to issue Visa debit cards that will support BCH.

Read more: https://hype.codes/bitcoin-cash-visa-debit-card-announced

Do you want to have one?
alyssa85
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December 12, 2017, 02:25:58 PM
 #2

Roger Ver managed to get onto CNBC as well, to promote bitcoin cash.

You can watch the interview on the following video:

https://www.youtube.com/watch?v=nihzliIDWpY

It's not easy for mainstream buyers to purchase bitcoincash though, as it is still not on coinbase.

 
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bathrobehero
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December 12, 2017, 02:27:19 PM
 #3

No, why would I?

Visa and Crypto are on the opposite ends of multiple spectrums.

Visa would remove anonimity, introduce centralization and it give control over your funds in the hands of the Visa issuer. Once you put coins on your Visa debit card, they're not really yours anymore, the card issuer (bank) does and you're trusting them. Then the government can swoop in and take them from you.

It's just dumb.


I always disliked bcash but now it sould be clear for everyone the direction they're taking.

Not your keys, not your coins!
PMmesexycoins
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December 12, 2017, 06:55:05 PM
 #4

Roger Ver managed to get onto CNBC as well, to promote bitcoin cash.

You can watch the interview on the following video:

https://www.youtube.com/watch?v=nihzliIDWpY

It's not easy for mainstream buyers to purchase bitcoincash though, as it is still not on coinbase.

And I think it's a bit confusing that exchanges use different symbols for it. No idea why it's not rectified, consistency would be good.
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December 12, 2017, 07:22:09 PM
 #5

I wonder if this kind of cards would be available worldwide or only at EU and US region? I suppose there is no sense to make another very local debit card.

yourboss
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December 12, 2017, 07:24:03 PM
 #6

Sooner or later it must have happened! After such announcement governments just cannot ignore bitcoin anymore
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December 12, 2017, 07:26:36 PM
Last edit: December 13, 2017, 05:35:48 PM by cdb1690
 #7

No, why would I?

Visa and Crypto are on the opposite ends of multiple spectrums.

Visa would remove anonimity, introduce centralization and it give control over your funds in the hands of the Visa issuer. Once you put coins on your Visa debit card, they're not really yours anymore, the card issuer (bank) does and you're trusting them. Then the government can swoop in and take them from you.

It's just dumb.


I always disliked bcash but now it sould be clear for everyone the direction they're taking.

This. The raison d'etre of decentralized currency is that no central trusted third party such as government can freeze, seize or otherwise control you blockchain assets. The moment you transfer your assets to the accounts belonging to some legal entity regulated in some legal jurisdiction, you lose this important property. At that point, you're better off using Visa with fiat currencies, it's faster.

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December 12, 2017, 07:40:36 PM
 #8

They should be promoting BTC if anything, not all these clone crap forks that are here and all the ones that are coming.  It's getting silly.

wapperjaw
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December 12, 2017, 08:04:08 PM
 #9

They should be promoting BTC if anything, not all these clone crap forks that are here and all the ones that are coming.  It's getting silly.

honest question. Why do you think they should be promoting BTC over BCH? Especially in a DEBIT CARD scenario which is used for FAST/CHEAP micro transactions......
bathrobehero
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December 12, 2017, 10:31:58 PM
 #10

Sooner or later it must have happened! After such announcement governments just cannot ignore bitcoin anymore

"governments just cannot ignore it anymore"... no but with debit cards they can control it. They not just could track people who use Bitcoin or Bcash debit cards but also seize their funds...


Not your keys, not your coins!
Sjonnebonbon01
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December 13, 2017, 09:34:02 AM
 #11

Hi Guys,

It looks like Bitcoin Cash broke a little resistance line on this news, but it needs volume to push itself of this line. Here is my chart:

https://www.tradingview.com/x/DqC0bMog/

PS I am new to TA so any advice/suggestions are welcome!
Freddoe
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December 13, 2017, 11:19:37 AM
 #12

This is awsome! Been waiting for a card that will work and I have belife in BCH....

Rick Nolan (OP)
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December 13, 2017, 02:18:27 PM
 #13

Upd
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