Post
Topic
Board Bitcoin Discussion
Re: I let my last credit/debit card expire this month
by
NUFCrichard
on 08/05/2015, 12:18:50 UTC
My Amex card expired last year, they may have sent a new card but I don't live there anymore. I'll get around to officially turning that one off, I've had an Amex since '97. I called a few months and cut off my Mastercard and verified that my Bank of America card was turned off.

That left me with my bank's debit card. That expired at the end of April.

I still have my bank account, I have a rental with direct deposit into my bank account and I turn around and pay my mortgage from there so I haven't taken that final step to close that account. Plus I figured I can just use my bank account to buy/sell bitcoins until they shut down my account like they do with so many people.

I do have a deutsche bank account card that I use to deposit cash into my account. I tend to get more through localbitcoins than I spend so I just convert the extra cash back to bitcoins so I don't have to turn people away who want to buy bitcoins with cash.
Are you going to try to live off Bitcoin, or is it poor organization from you that has let you have no cards anymore?!

I don't see cards as the problem, I mean there are bitcoin debit/credit cards, I see the fiat system as the problem.  If you have a fiat bank account (pretty much a necessity) then you are still in the system.
If they do shut your account because of your bitcoin trading, what will you do then? Can you get paid in cash or bitcoin? If not then you are going to have some major difficulties!