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Author Topic: Crypto debit card for FIAT payments - would you use one?  (Read 618 times)
iMark
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January 02, 2019, 02:10:30 AM
 #61

It would be good news for the crypto user and also for people who don't know about crypto. And perhaps, the bank can integrate this and explain to their customer, so they will know what benefits of the card is. I think this card would be accepted in the country which approves the crypto so people can pay something with that crypto debit card and besides that, they can also have the investment which could be another benefit of the card. It would help the mass adoption too in many places if this is a success and I am sure that many people will open their eyes about the technology because I believe many people were aware of the new technology that already exist.
Yeah, there are many advantages and positive influences for crypto if a crypto debit card can be made, but the question is who will make crypto debit card platform? bank? or other agencies? while we are still struggling with the legalization and acceptance of the bank
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okala
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January 02, 2019, 07:31:42 AM
 #62

Bitcoin debit card for fiat will be a very nice idea and believe many Cryptocoins enthusiasts are going to buy into the idea. I don't think we have more easy way of using bitcoin and fiat than this.
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January 02, 2019, 12:05:26 PM
 #63

I would gladly have purchased such a card, it will expand the possibilities of using cryptocurrency, because now it is necessary to make many intermediary operations before using cryptocurrency to pay bills or services. And of those projects that are already offering such cards, not one has completed the development and has not presented a truly finished product. We are waiting for geniuses and crypto fiat debit cards!
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January 03, 2019, 07:12:31 AM
 #64

It is not really a promotional thing to show off to people to get others interested in bitcoin. As long as there are huge fee's there will not be enough interest to it at all. I mean debit cards still tied to banks and these new coinbanks and what not type of places just focuses on getting as much customers as they can and just work with a bank in their country.

So, basically you are opening a new account in their country, that's seriously wrong. Considering shady stuff banks do to make a buck you basically give all your info to a bank you have no connection to at all, they can charge you couple hundred bucks yearly forever and you wouldn't know about it until interest rates go so high you will be summoned to court or pay and what not.

Hence, I think until someone does this in a legit manner, all of them are incredibly shady and expensive and will not be used properly.
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January 09, 2019, 10:41:52 AM
 #65

Using debit card is an old feature which is already implement to fiat and i think we should be more inovative to see crypto one step a head against fiat moreover crypto debit cards only will be used for limited access because crypto currently only recognize as digital asset but not as payment tools and for me if this implement to crypto i think it would be lack of interest
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January 09, 2019, 11:09:18 AM
 #66

there are many project/company who are giving crypto cards but we need these project/company as self entity to provide best crypto to fiat conversion rate ,i.e it become self bank rather than other bank partnership.as per now simple debit card are fine and crypto cards can not be affordable by normal traders as it is risky to hold asset if you are not investor.in future we might see major bank going towards crypto to capture share for them and providing crypto to fiat service.
mariah.sadio
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January 09, 2019, 11:14:17 AM
 #67

Using a crypto debit card for fiat payments will really be a good thing for me. I usually hold crypto and always wanted withdraw it to my fiat bank account so that I can use them for electronic payment system. If we will be having cryptocurrency debit card then I do not have to transfer it first to my bank account and exchange it. Hence, it will be used directly if I make transactions.

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