https://www.indiegogo.com/projects/bitcoin-credit-cardBitcoin Debit-Credit CardThe world's first widely accepted Bitcoin Credit Card is nearly here. How? Each Bitcoin credit card will be connected to a secure wallet to enable the user to load their Bitcoin credit card to their preference. Based upon market Bitcoin price, any purchase made will be converted, same as any foreign currency. Anywhere credit cards are accepted, so are Bitcoins (plus potentially any crypto-currency) conveniently and smoothly.
Three main components:Physical Bitcoin Debit-Credit Card - used the same as any Visa Credit Card.
Bitcoin Wallet - Credit Card limit determined by Bitcoin market price.
Password protected App - Check exchange rate and account balance.
While the concept is simple, the mechanics are not. The Bitcoin Credit Card will be based on a private label Visa Credit Card. As underwriting for such a venture is non-existent, a track record must be established before unsecured credit is issued. At launch, the Bitcoin Credit Card will operate as a Pre-load Credit Card. Limit is established via Bitcoins loaded to the wallet based upon exchange rate.
What We Need & What You GetFinancial institutions do not like change, even inevitable change. Early adopters will be this change - altering the face of business forever. To issue cards, integrate, and develop software, our financial forecasting calls for $200,000 in funds and support to spearhead success of this venture, which will not go unrewarded.
Depending on contribution;
$25 contributors will be the first in history to receive a physical and Limited Edition Bitcoin Credit Card in the mail.
$50 contributors - In addition to Bitcoin Credit Card; will receive a T-shirt and/or additional alternative useful promotional item(s).
$100 contributors -In addition to Bitcoin Credit Card and Promotional Items; will receive $1 for $1 their contribution in the form of Bitcoins placed in the user's wallet within 30 days of wallet establishment at market price.
Private funds will be sought in the event of contribution shortfall.
The ImpactThe implications of a non-centralized standard currency are limitless. Less reach and control by others upon your finances increases freedom of every nature. Once fully adopted, Bitcoin Credit Card offers solid presence and backing beyond mere "faith" in printable paper currency - yet offers the desired liquidity.
Bitcoin is revolutionary in and of itself, but still have the caveat of liquidity.
Crypto-currency will be as game changing to business as the dawn of the internet.
Amazon, Paypal, NewEgg, OverStock are just a few of the companies that see the writing on the wall and accept Bitcoin. The missing element is wide acceptance and convenience.
Risks & ChallengesBitcoin is disruptive, therefore feared by established financial institutions as it erodes their control and frankly profit. For this reason, BItcoin and especially a widely accepted form of Bitcoin payment is a target.
As successful entrepreneurs with business and finance background, we believe we have the necessary professionals with the proper skill-sets to persevere and overcome outside threats.
With start-up experience and part owner of a 400+ employee company, we have the tools necessary to ensure success. Although the integrated technology will be the first of its kind, our trials show proof of concept.
Other Ways You Can HelpSome people just can't contribute, but that doesn't mean they can't help:
Ask folks to get the word out and make some noise about the first Bitcoin Credit Card.
A simple share with the Indiegogo share tools is a tribute to freedom.
Together we can forever change the face of currency.
https://www.indiegogo.com/projects/bitcoin-credit-card
