Iqra.s
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April 16, 2019, 01:28:43 PM |
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Do you think that bitcoin debit card link to our bitcoin online wallet will be implemented or is it possible to happen in the future? After all, we still want some improvement and some option for us to pay in some grocery stores or department stores that accepting cards right? And do you think this is helpful?
I actually sure that it will be happening in future soon & yes it also will be very helpful from my knowledge
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erikalui
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April 16, 2019, 01:32:41 PM |
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Do you think that bitcoin debit card link to our bitcoin online wallet will be implemented or is it possible to happen in the future? After all, we still want some improvement and some option for us to pay in some grocery stores or department stores that accepting cards right? And do you think this is helpful?
I haven't seen any bitcoin debit card worth using as unlike our own Debit/Credit cards, these bitcoin debit cards have a high issuance, maintenance fee as well as we have to pay per transaction and conversion fee. This doesn't make it reasonable and makes the transaction too expensive.
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D3m1r4wanti
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April 16, 2019, 01:48:28 PM |
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if indeed that could be true, I am very happy with the Bitcoin debit card, therefore we must equally support the progress and development of bitcoin, so that everything can be achieved and bitcoin can become a globally recognized cryptocurrency.
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fast2fix
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April 16, 2019, 02:18:06 PM |
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Do you think that bitcoin debit card link to our bitcoin online wallet will be implemented or is it possible to happen in the future? After all, we still want some improvement and some option for us to pay in some grocery stores or department stores that accepting cards right? And do you think this is helpful?
of course it's possible and it will be implemented, when crypto is finally adopted we won't need debit or credit card to shop, our mobile phone with bitcoin or altcoin wallet will be enough. for now we have to use intermediaries like wirex, coinbase[offers card in UK] etc..
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eternalgloom
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April 16, 2019, 03:23:05 PM |
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No idea, I'm currently pretty happy with using a Bitcoin debit card where I can just deposit Bitcoin to my card balance. I'm using a physical Mastercard from Neteller at the moment and have been pretty happy with that.
They do charge a 2.5% fee on each deposit, but that's a price I'm willing to pay for their service.
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worle1bm
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April 16, 2019, 03:33:01 PM |
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Do you think that bitcoin debit card link to our bitcoin online wallet will be implemented or is it possible to happen in the future? After all, we still want some improvement and some option for us to pay in some grocery stores or department stores that accepting cards right? And do you think this is helpful?
I think this is already happening and its not a dream for crypto lovers anymore.I read a article few days back where it was mentioned that coinbase is collaborating with a company to make crypto cards which can be used for btc,XRP,ETH linked to your wallet and get fiat for them.This will soon be implemented all over world and users will get anything at ease of hand using cards on crypto related atms.Hope for the best
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okala
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April 16, 2019, 03:38:14 PM |
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Bitcoin debit card I think I have hard of bitcoin cards before and it operational but what I can't say is if it can be use for payment in store but if it an online stores that can be easily possible, but on offline stores around our communities it will really take some time before that can happen because most of the stores lack the relevant devices/technology that can handle such transactions in bitcoin something like a POS machine.
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robbyfox
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April 16, 2019, 03:59:44 PM |
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Sounds good ,But i think need some central regulation .
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ethereumhunter
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April 16, 2019, 04:16:35 PM |
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Do you think that bitcoin debit card link to our bitcoin online wallet will be implemented or is it possible to happen in the future? After all, we still want some improvement and some option for us to pay in some grocery stores or department stores that accepting cards right? And do you think this is helpful?
I haven't seen any bitcoin debit card worth using as unlike our own Debit/Credit cards, these bitcoin debit cards have a high issuance, maintenance fee as well as we have to pay per transaction and conversion fee. This doesn't make it reasonable and makes the transaction too expensive. You are right. And if we should pay a high fee to use that debit card, I don't want to use that debit card, and it's better to scan the Barcode that available on every store so we can directly to pay from our wallet. But that will be exciting to try to use the bitcoin debit card as it will so simple like what we did in real life and, I think that will be a new solution for people to load their bitcoin to the card so they can use it for buying something. Besides that, new people will realize and see that bitcoin have a debit card which they can use to buy in the store.
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Netnox
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April 16, 2019, 04:48:18 PM |
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There are a number of different pre-paid Bitcoin debit cards available. You can check a few of them here: https://coindiligent.com/bitcoin-debit-cardsThey may not be available in all the countries and territories, and you need to check the availability before you order a card.
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BeGoods
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April 17, 2019, 02:18:57 AM |
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Do you think that bitcoin debit card link to our bitcoin online wallet will be implemented or is it possible to happen in the future? After all, we still want some improvement and some option for us to pay in some grocery stores or department stores that accepting cards right? And do you think this is helpful?
I actually sure that it will be happening in future soon & yes it also will be very helpful from my knowledge Maybe, just need a third party to create a platform for bitcoin debit cards, and good marketing. then bitcoin can be used anywhere for payment, I'm sure this will happen in the future, innovations like this will definitely be made to complement the development of bitcoin
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eann014 (OP)
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April 17, 2019, 03:12:44 AM |
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It's not long now. Currently there are services that has mastercard or visa debit that you can link your wallets on and then transfer immediately. Though these converts bitcoin to fiat first. But i don't think it'll be long before crypto wallets themselves partner with either visa or mastercard. I think coinbase is in the process already of doing such.
It is better if we have a bitcoin debit card that is automatically linked to our online wallet which is not hassled for us to transfer and we can have a less transaction charge.
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maldini
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April 17, 2019, 03:29:51 AM |
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Obviously it will be in the future, now bitcoin is still in the process of developing and growing. When the price of bitcoin rises again, there will be many new regulations about bitcoin such as the Bitcoin Debit Card
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samcrypto
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April 17, 2019, 03:41:59 AM |
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Do you think that bitcoin debit card link to our bitcoin online wallet will be implemented or is it possible to happen in the future? After all, we still want some improvement and some option for us to pay in some grocery stores or department stores that accepting cards right? And do you think this is helpful?
Regulations should happen first before we finally enjoy bitcoin debit card. So far you can use your bitcoin into grocery stores using your phone where you just need to scan the QR Code wallet of the grocery stores, but its still not available around the world. There will be more development in the future, all the government will regulate cryptocurrency I believe on this. Sounds good ,But i think need some central regulation .
Don't need for central regulation, we just need every country to support this development.
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TheCoinGrabber
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April 17, 2019, 03:55:23 AM |
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I personally wouldn't use such a debit card yet due to the high volatility of BTC, but I would surely be interested in it once the value of BTC stabilizes and the volatility lowers.
There are several Bitcoin ATMs available already which is why Bitcoin related debit cards might come out in the near future.
I understand the concern with the fluctuating price. It would be better if the debit card have multiple "wallets" attached to it that we can "top-up" when the exchange rate is favorable. Though if my bank don't have fees for cashing out I'd probably just send the converted fiat there.
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Dingdongjl
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April 17, 2019, 04:04:50 AM |
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Why bother with a card, when you could use your phone as such?
Same on my thoughts, there is no need for a card for bitcoin it will just increase your transaction fees. But like what most of reply here said it is going to happen, people just want new things in their lives but I dont think it will be used by everyone.
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De4ted
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April 17, 2019, 04:07:43 AM |
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What is the purpose of cards?
-To be more safety and you will not carry huge amount of cash in your pocket.
So what will be the purpose of bitcoin card when it is already in your phone and it is more secure than using cards? Plus it has lower transaction fees?
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shesheboy
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April 17, 2019, 05:13:43 AM |
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What is the purpose of cards?
-To be more safety and you will not carry huge amount of cash in your pocket.
So what will be the purpose of bitcoin card when it is already in your phone and it is more secure than using cards? Plus it has lower transaction fees?
with a card , you dont need to execute anything other than swiping the card on the machine while on cryptos on the phone , you still need to unlock your phone and your wallet , then you need to make a transaction before you can pay someone . its also risky to carry around your phone because if a theft stole it , you can also lost your wallet and other important infos while if ever you lost your credit/debit cards you can still get a new one and its cheap .
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Sithara007
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April 17, 2019, 05:42:56 AM |
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The problem is that many of these providers are suddenly forced to shut down their operations, due to pressure from the law enforcement agencies. The collaboration between various national agencies is growing and the details of the debit card users in most cases are not anonymous anymore.
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jakelyson
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April 17, 2019, 07:23:01 AM |
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Why bother with a card, when you could use your phone as such?
Same on my thoughts, there is no need for a card for bitcoin it will just increase your transaction fees. But like what most of reply here said it is going to happen, people just want new things in their lives but I dont think it will be used by everyone. It will happen because people want it to be simple. Give the card, swipe it and done. The fees and everything, those will be solved by technology. Bitcoin is still too young, and there are rooms for development. Maybe someday, we will find a way to dramatically decrease the fees and bitcoin cards feasible.
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