Bitcoin mastercard

[InformerKin]

If this ever happens, then Bitcoin should not be the only one crypto being adopted by this. People should have a variety of choices, what to spend on their expenses.

[drm]

IS this possible to make bitcoin mastercard.
Mastercard is very helpfull for giving payment.
We can carry it in anywhere.
Is this possible world wide it will show his power.

ITS JUST MY OPINION.

It's one of the main reasons we want to use bitcoin, to get rid of these centralized scammers.

[pebakova]

I think it would be superfluous for us but fuck master card it will be profitable at the expense of the Commission ! We do not need it because we can withdraw money to a payment system that works with master cards.

[DimBug]

It is easy to say it but very difficult to understand the process. If a mastercard is allowed for you to spend your Bitcoin, then a central authority will issue the card who will also have the authority to track your usage and all the details about your coins. This will not only invade your privacy but also make the decentralized feature of BTC useless.

[StormHunter]

People are already concerned about their Bitcoins even if they are kept secure in their hardware or cold wallet and if a mastercard like card is issued for Bitcoin it will just only increase the risk of losing your Bitcoin easily if somehow you managed to lose your card. I don't think this could be a good idea.

[BlackFly]

One reason Bitcoin appeared was to wrest the control of cash far from a focal specialist. For what reason would you energetically give it back?! This is nonsensical. I know it's tough to get your payment done smoothly with cryptocurruency but you have to understand that it makes them be differentiated from the fiat.

[HiddenPrincess]

While using bitcoin or any other crypto currency you want to have decentralized currency market where no one is regulating you for your transactions or expenses. If you merge bitcoin with master card then government will have the authority to look over your coins.

[BabyBoar]

Whatever you are thinking right now is coming from the inner expectation you strive for, but I believe it will take time to get in that position. Because bitcoin is gradually getting acceptance from so many countries. One day it will surely gain the smoothness of transaction anywhere in this world. We all need to stay hopeful for that.

[Patriode]

It will not be reliable for the users. They want their bitcoins to be private and no one can look over them by any means. If bitcoin associate with master card then it will lose its decentralize form and government will regulate the coins.

[AngryPanther]

Whatever you are thinking right currently is originating from the inward desire you make progress toward, however, I trust it will require investment to get in that position. Since bitcoin is steadily getting acknowledgment from such a large number of nations. One day it will most likely gain the smoothness of exchange anyplace in this world. We as a whole need to remain cheerful for that.

[BattleHippo]

I don’t think it is relevant to the purpose of the bitcoin or crypto currency. The purpose of using crypto currency is to reduce the government influence from the currency usage. If bitcoin gets associated with master card then government will have the chance to regulate your crypto coins.

[LimePleasant]

The purpose of BTC was to make the lives of the people easier. If a BTC master card gets emerged, then the rich will again get the power which is the complete opposte of the purpose of the coin.

Well if mastercard will just be a bridge for us Bitcoin users to be able to make purchases with BTC using standard terminals in stores, it won't give them power over BTC, they will earn some provision from it and that's all.

[bravehearth0319]

I think better to call this card as Bitcoin Debit Card where it is loaded with bitcoins and can be use in payment or withdraw fiat money from your bitcoin in an ATM. There are some bitcoin debit cards already out in the cryptocurrency industry. Although there are difficulties in the process since bitcoin usage is not yet mainstream. Limitation in its transactions. Another difficulty is that third parties issuing the debit cards. These process put your bitcoins vulnerable to theft. Total security haven't set yet.

[exchangegif]

Bitcoin master card is not good because bitcoin is decentralized currency and peoples love this because no one can track their bitcoin transaction now some financial services providing bitcoin master and visa card  but this is not official authority so no one can say how long time this services run. if authorized banks are providing these type of cards and peoples spend their bitcoins than their transaction will be traceable, now no one can trace any small and bulk bitcoin transaction on blockchain network and peoples love it.

[GazorpPozorpec]

I think it's possible, but it doesn't make sense now. The prices in the stores are expressed in dollars and then this card will just convert bitcoins to dollars. This makes no sense until there are no shops with prices in bitcoin.

[iAleff]

Today nothing is impossible,  I USE to say that we are living in the future , every single day comes a new and amazing technology that surprise the world and make our life better

[bitbunnny]

I think it's possible, but it doesn't make sense now. The prices in the stores are expressed in dollars and then this card will just convert bitcoins to dollars. This makes no sense until there are no shops with prices in bitcoin.

How come it doesn't make sense?
There are not a lot of merchants who accept Bitcoin so Bitcoin debit cards make spending Bitcoin much more easier. Yes, Bitcoin is converted to fiat currency you desire but that it's inevitable and I don't see problem in that.
People, like you have never heard of Bitcoin debit cards? There already exist Bitcoin Master cards, like Mistertango, but they are only debit not credit.

[lamcouz]

From a utility standpoint, bitcoin is one of the most usable currency. It is a new form of economy linked with the modern technology and its net work systems are very strong..Bitcoin can be used as an investment tool, for the day trading,for the local and international shopping,and for utility bill payment etc...

[Juggy777]

IS this possible to make bitcoin mastercard.
Mastercard is very helpfull for giving payment.
We can carry it in anywhere.
Is this possible world wide it will show his power.

ITS JUST MY OPINION.

Well it can be done, but you should not do it, as this will defy bitcoins main purpose of existence i.e. freedom from centralised organisations. If you were to make a Visa card, you would basically hand over the control of bitcoins over a centralised organisation what good would that do to you, well it's true you can carry your card anywhere, but same is true in the case of bitcoins.

Also there were some people who have tried it, but they have spectacularly failed, and those who brought it were scammed too, think twice before you ever buy or consider this.

[Ghosty100201]

I guess a company named Graft did something very similar to this MasterCard/visa thing for paying money and similar stuff. Graft also had a signature campaign running here. But I would really prefer such ICOs than Mastercard and all because it is again like giving authority to banks or any central authority.

https://www.graft.network/