Post
Topic
Board Bitcoin Discussion
Re: Credit card for bitcoin users
by
AVAMONEY
on 24/11/2017, 09:42:36 UTC
Would you agree if they will release a credit cards for all btc users . I think it can help alot to make transaction fast and also btc will be famous if that happens

I personally agree if the credit card is for btc. maybe it will be easier for transactions or cash withdrawals. but the problem is, is there any developers who can do that with the vulnerable that in fact the bitcoin fluctuates

Well, I don't agree with this but it might be possible but not everyone agrees that idea, credit card means for those who want to borrow some amount to spend while debit cards are spending your own money. Many tokens, altcoins have this features already from depositing any cryptocurrency to your account and can be spent on your master card.
Yes creditcard is borrowed and then paid after spending with time period. If then the calculation of each transaction using bitcoins value.
I am not agree with this system, because it can take the value as example that i use this creditcard for amount transaction 0.1 BTC on 24th, Nov with the assumption current price 1 BTC at that time ($ 8,000). Later, coming this invoice bill at 24th, Dec, the price of bitcoins has increased by 1 BTC ($ 9,000), then the charge will swell.