libert19 (OP)
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December 29, 2022, 03:48:16 AM Last edit: December 30, 2022, 01:26:02 AM by libert19 |
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I read this post yesterday, it might be helpful to somebody here. https://hive.blog/hive-167922/@l337m45732/how-to-buy-gift-cards-with-hive-and-earn-btc-cashbackI haven't tried it, yet. https://thebitcoincompany.com/If you gonna try, do post your experience.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Edwardard
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December 29, 2022, 04:47:06 AM |
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If you gonna try, do post your experience.
Havent heard about the aforementioned website by you before. Is that company safe? I just went through their app on the playstore through the official link provided on their own site, and guess what? No reviews. I wouldn't trust such apps. If anyone even wants to try it out make sure you dont do it on your personal device, your privacy and security might be at risk.
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mk4
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As far as I know the days of no-KYC bitcoin debit cards are over. Regulations are simply far more stricter today than years ago. Back then we had decently reputable ones like Wirex and Xapo, but today? I'd be highly skeptical of such services that doesn't require KYC.
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Rikafip
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December 29, 2022, 08:49:19 AM |
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I think that the title of your post is misleading because from what I could understand they don't offer debit cards but instead prepaid/gift cards and there's a difference between those. As far as I know the days of no-KYC bitcoin debit cards are over.
There are still some attempts, but even if they are legit, I don't expect them to keep working in the long run.
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livingfree
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December 29, 2022, 10:25:53 AM |
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As far as I know the days of no-KYC bitcoin debit cards are over. Regulations are simply far more stricter today than years ago. Back then we had decently reputable ones like Wirex and Xapo, but today? I'd be highly skeptical of such services that doesn't require KYC.
I agree. I think if we're back to 2016-2018 or even earlier, this is still applicable but these days, it's very unlikely. Just the perfect example are those centralized exchanges that don't bother asking KYC before but now, they do. And the same goes to the casinos that don't mind asking kyc before but many of them have become compliant. So, just as the bitcoin debit cards, if it's non-kyc required today. Then, expect that someday it will as they update their terms and agreement/usage.
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Ryker1
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December 29, 2022, 12:31:29 PM |
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[snip] If you gonna try, do post your experience.
I have not yet but there are too many questions raised in my mind. Is this safe? Recently I commented on a thread asking for a decentralized crypto wallet app that supports debit cards or alternatives on Liberty Reserve I think if this is safe, it could be recommended on that thread but unfortunately --I did not experience using this first. However, it seems this company was years in service, based on who.is it was registered on 2016-04-23 and I think that long enough prove its legitimacy.
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DaveF
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December 29, 2022, 01:35:42 PM |
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These are NOT debit cards they are Visa GIFT cards. You can get them from a lot of places. Take a look at egifter.com coinsbee.com and many others. This thread with the list of gift card provides can help: https://bitcointalk.org/index.php?topic=5208530.0 Other then the 2 above I do not remember which ones have the cards. Be away of country / region restrictions. You may not even be able to get to the card redemption site from foreign IPs. -Dave
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stompix
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December 29, 2022, 02:05:21 PM |
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Going through that medium article it seems like it has almost nothing to do with bitcoin, you end up with so many intermediaries that probably in case something happens you won't know who to call. With the @v4vapp, we can use HIVE or HBD to pay Bitcoin Lightning invoices, which is what The Bitcoin Company generates for payments. Thus, we are able to spend HIVE or HBD on gift cards through the website. So that article is more about how you want to spend some shitcoin than anything else. Havent heard about the aforementioned website by you before. Is that company safe? I just went through their app on the playstore through the official link provided on their own site, and guess what? No reviews. I wouldn't trust such apps. If anyone even wants to try it out make sure you dont do it on your personal device, your privacy and security might be at risk.
They barely launched their business at the start of the year and didn't get any traction as it seems from the number of downloads, the apple store page has a few more reviews but I have the feeling those are written by the members of the team themselves, too many at the launch in late March early April and a huge pause after that. Even if it's a good product and not a scam if it has no usage you won't see any real feedback on it, and since they don't really offer anything new as the others mentioned, probably you won't see that many people using it from now on either.
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libert19 (OP)
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December 29, 2022, 04:20:04 PM |
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With the @v4vapp, we can use HIVE or HBD to pay Bitcoin Lightning invoices, which is what The Bitcoin Company generates for payments. Thus, we are able to spend HIVE or HBD on gift cards through the website. So that article is more about how you want to spend some shitcoin than anything else. Re-read the statement you are quoting, why would you bother with hive if you have lightning Bitcoin in first place? you can pay it directly via your lightning wallet.
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The Cryptovator
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December 29, 2022, 07:36:32 PM |
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Where we are unable to use centralized exchange without KYC, using a debit card without KYC is a nightmare. I looked everywhere but couldn't find a reliable source. I'm not familiar with this site, which appears to be fairly new. I'm not going to risk it.
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NotATether
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December 30, 2022, 07:46:54 AM Last edit: December 30, 2022, 11:44:41 AM by NotATether |
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I'll download the app on iOS and play with it a little to see how that goes, considering I have a use for both gift cards and prepaid cards. I hope I won't have to interface with Yet Another Wallet Software such as metamask.
Update: It looks like I can buy phone topup and some gift cards I don't need with it, but there are no prepaid cards, and there are no iTunes gift cards for sale either (hammer blow).
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bbc.reporter
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December 31, 2022, 04:16:31 AM |
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As far as I know the days of no-KYC bitcoin debit cards are over. Regulations are simply far more stricter today than years ago. Back then we had decently reputable ones like Wirex and Xapo, but today? I'd be highly skeptical of such services that doesn't require KYC.
Agreed and if @libert19's suggestion is also really a reputable debit card, how long can they stay no KYC before taking action and ask for their users for KYC to go through the compliance nightmare imposed by the regulators? My suggestion would be to use the debit card for small amount of coins only. If you need to store them to a centralized service, send only an amount you are willing to lose.
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mk4
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January 02, 2023, 10:15:06 AM |
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Agreed and if @libert19's suggestion is also really a reputable debit card, how long can they stay no KYC before taking action and ask for their users for KYC to go through the compliance nightmare imposed by the regulators?
That's definitely inevitably going to happen once the service gets big enough. I'm pretty sure other platforms that are far less monitored by regulators in the past have been forced to require AML/KYC even if they don't want to (e.g. LocalBitcoins, ShapeShift, etc).
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YOSHIE
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January 03, 2023, 02:02:04 PM |
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If you gonna try, do post your experience.
just to remember, because we are fellow communities in this forum, from the data I see very few visitors or users of thebitcoincompany.com site, after all I see there are two of them that they operate the same company logo. But both reviews are not good. For example: thebitcoincompany.com Negative highlights • The registrar has a high % of spammers and fraud sites • This website may offer high-risk cryptocurrency services • This webshop offers anonymous payment methods.
merch.thebitcoincompany.com Negative highlights • An iframe has been detected within the website • The server of the site has several low reviewed other websites • Cryptocurrency services detected, these can be high risk • Payment methods support anonymous transactions were found • This company is offering products which are also offered often by scammers
I think if you want to make a Visa Card, the suggestion from @mk4, might be appropriate.
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Merit: 6544
Leading Crypto Sports Betting & Casino Platform
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January 03, 2023, 02:22:32 PM |
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With the @v4vapp, we can use HIVE or HBD to pay Bitcoin Lightning invoices, which is what The Bitcoin Company generates for payments. Thus, we are able to spend HIVE or HBD on gift cards through the website. So that article is more about how you want to spend some shitcoin than anything else. Re-read the statement you are quoting, why would you bother with hive if you have lightning Bitcoin in first place? you can pay it directly via your lightning wallet. Exactly my point! Why bother with the hive, then why bother making an article about it, then why bother posting this article as it's basically an ordered article for shilling a dead shitcoin? When the article mentions hive 17 times and bitcoin 5, it's clear what it is and that was exactly my point, so at this moment, I'm quite puzzled what's your point here and why are you asking me to reread when you're basically saying the same? after all I see there are two of them that they operate the same company logo.
thebitcoincompany.com merch.thebitcoincompany.com
You do know what subdomains are, right? apps.apple.com is not different from apple.com! Also, according to you, this is are negative highlights? • This webshop offers anonymous payment methods. • Cryptocurrency services detected, these can be high risk • Payment methods support anonymous transactions were found
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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libert19 (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 03, 2023, 02:51:20 PM |
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With the @v4vapp, we can use HIVE or HBD to pay Bitcoin Lightning invoices, which is what The Bitcoin Company generates for payments. Thus, we are able to spend HIVE or HBD on gift cards through the website. So that article is more about how you want to spend some shitcoin than anything else. Re-read the statement you are quoting, why would you bother with hive if you have lightning Bitcoin in first place? you can pay it directly via your lightning wallet. Exactly my point! Why bother with the hive, then why bother making an article about it, then why bother posting this article as it's basically an ordered article for shilling a dead shitcoin? When the article mentions hive 17 times and bitcoin 5, it's clear what it is and that was exactly my point, so at this moment, I'm quite puzzled what's your point here and why are you asking me to reread when you're basically saying the same? I came across it on hive, felt it could be useful so I posted it here. Bitcoincompany has got nothing to do with hive. I think you still need to re-read.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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joniboini
Legendary
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Activity: 2296
Merit: 1802
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January 04, 2023, 01:51:42 PM |
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I've checked the Whois and since there's not much feedback about this platform I expect the project to be a year older but to my surprise, they are already in their 6th year of operation and they are extending their domain to 2031.
Is it possible that they simply bought the domain from somebody else? From the Crunchbase link, it is stated that they were founded in 2021, so the year does not check out (CMIIW, I'm not familiar with how DNS registration work). Their Twitter was also registered in 2021, so that's that. They lacked proper marketing to get maximum exposure for their project they only have a few followers on their social media account. Just look at their FB account https://www.facebook.com/thebtcco only 11 followers They have a decent amount of followers on Twitter though, but it is hard to tell whether they bought it or not. But anyway the app itself has been downloaded at least a thousand times. If they started in 2016 and just managed to get at least 1k users, that's not really successful IMO. I'd definitely check them out if there is no need to download an app to buy a gift card, just like how most of their competitor works.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Rikafip
Legendary
Offline
Activity: 1862
Merit: 6279
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January 04, 2023, 05:37:47 PM |
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Is it possible that they simply bought the domain from somebody else? From the Crunchbase link, it is stated that they were founded in 2021, so the year does not check out (CMIIW, I'm not familiar with how DNS registration work). Their Twitter was also registered in 2021, so that's that.
I just checked Wayback Machine and the first snapshot of the page goes all the way back to Augsut 2018 when there was some kind of bitcoin equipment store on that domain, meaning they obviously bought it later on (the first working snapshot with them goes back to April 2022). Not that all of this is very important anyway as they didn't claim to be operating more than they can prove, which would be a red flag.
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coin-investor
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January 04, 2023, 10:58:08 PM |
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Things are looking good for this project they started on the right foot by having a good domain name and they are funded by companies on their homepage We've raised ~2.1M with about 21% coming from awesome members of the Bitcoin Community. The only thing missing is marketing and reaching out to the Cryptocurrency community I expect them go full blast when the market is steady, unlike those ICO we are seeing in the altcoin section their team is transparent on who they are and they have the expertise behind them.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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