Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][ICO] 🔥🔥🔥 BITBLISSCOIN - World's 1st E-Commerce, Lending + More 🔥🔥🔥
by
celestio
on 08/02/2018, 19:17:27 UTC
Quote from: bitblisscoin on February 07, 2018, 10:16:13 PM
Quote from: celestio on February 07, 2018, 05:26:43 PM
Quote from: bitblisscoin on February 06, 2018, 09:16:37 PM
Quote from: celestio on February 06, 2018, 07:20:47 PM
Interesting project. I'm trying to understand all of the aspects of it. Currently I'm wondering about the debit card. How will it be decentralized with a debit card? What are the fees and advantages?

The BitBlissCoin (BIBC) debit card will be loadable with bitcoin, where you can easily load your bitcoin or convert your BIBCs earned from our other services into Bitcoin using both our internal and other exchanges.

Our modus operandi for it is it would be decentralised for users who want to transact for $2500 and below.

Generally if you want to use the card for more than $2500 you will have to register your identity with in the form of a passport, identity card and utility bill.

Regarding the charges, we have not yet finalised with our provider but the card would cost less than $21 for both the plastic and virtual cards.


Here are some of the advantages of the BIBC Crypto Debit Card:

1. Available worldwide to users

2. Has both plastic and virtual cards type

3. Can be used for shopping anywhere Visa or MasterCards are accepted making it easy to spend bitcoins

4. The card would be denominated in USD, GBP and EUR. Users would choose one.

5. Decentralised with no verification unless users want to increase spend limits

6. Very cheap for less than $21

7. Card shipping would be free unless for superfast deliveries using DHL

We envisage our users would enjoy using the BitBlissCoin Debit card once launched.

Any new developments on this would be displayed on our website at https://bitblisscoin.com/

Thank you
The BitBlissCoin Team


What a quick and detailed response. Thank you!

I think that is a very fair idea to have it the BitBlissCoin debit card decentralized under a certain threshold. You can't really beat a $21 for a crypto debit card either. Definitely something I plan to get. You get the anonymity of BTC but the convenience of a debit card. That's just cool. What made you guys think to do that? Clearly there is a need. Why do you think others haven't thought of this or implemented it yet? Are there any challenges that you foresee that you will need to overcome with this feature? As a pretty tech minded person who is not very creative, I am always astounded at ideas such as this.  Grin

Thanks for your question.

Yes definitely, there is a need. And this is the second reason why we thought of having it.
But we are not the first to think of this crypto-Debit card.

The first and most important reason is we wanted to develop an altcoin which can be easily adopted.
A coin with actual everyday usage, having the BIBC Debit card will help drive the BitBlissCoin adoption.

Well, we can't speak for others, maybe they don't see the need.

Yes of course, every project with solutions come with challenges. One of such challenges would be BIBC users
who love the Debit card, want to spend more than the $2,500 limit but don't want to do the KYC.
We guess they'd just have to stick within the limit. As new challenges arise, we'd find workable solutions.

Its brilliant chatting with a tech minded person like you.

Thank you
The BitBlissCoin Team



Thanks again for the detailed reply. I think that is a very smart idea to use the Debit card to drive the adoption of BIBC.  Due to its convenience, people are going to be very excited about it even with the limit. Also, I think the referral program is going to be extremely helpful in that so I'm very glad to see that.

Do you plan to have a feedback feature in the marketplace?