Post
Topic
Board Exchanges
Re: Bitcoin credit card?
by
fireball4
on 07/06/2017, 14:36:51 UTC
I remember hearing something about a bitcoin credit card. Like, one that you pay for everything with fiat on credit, and then you pay off your bill in bitcoin. So you never have to hold fiat if you don't want to.

What's the best/most reliable credit card that does this?
Basically I got the credit card from spectrocoin.com like a few weeks back and it is working great. To be honest I expected a cool design though it was just a simple prepaid visa credit card.

What it seems that they do is that they buy prepaid cards for your name and ship them to your address? Then you just deposit your bitcoins to their website and exchange it with the current exchange rate. What they do then is they load your prepaid card with fiat not with the bitcoins (basically you use fiat not bitcoin then) so it can be used in all the shops that accept cards.

To be honest I don't feel like I'm spending my money in a better way than just doing it with fiat. It would be the same thing as just trading my bitcoins on an exchange and loading my regular credit card.