Quote from: The Pharmacist on December 14, 2018, 08:39:17 PM

Quote from: BitHodler on December 13, 2018, 12:57:48 PM

It makes no sense to me to use a crypto related debit card to spend fiat the same way I can spend fiat already with my legacy debit card. I rather convert the coins to fiat myself and then spend them whenever I want.

Yup, I've been saying the same thing ever since I discovered bitcoin, which I've always viewed as an investment and not a currency (even though I've used it to buy things from merchants when I'm out of fiat).

On the old JREF forum, they used to say that bitcoin is a solution in search of a problem that doesn't exist. I don't view it in such an extreme way, but the fact is that businesses don't want bitcoin, they want fiat. When you buy something with bitcoin using a payment processor, they're just converting the bitcoin to fiat--and that's what the merchant gets.

I get my paycheck in fiat and tend to always have more fiat than I do crypto, so I would have no use for a crypto debit card, nor would I want to go through a KYC process with a company that I didn't trust. I already let my bank do that, and that's bad enough.

That's good project but it is not yet available globally. Often time people hold on to their token or price coin instead of using it for simple transaction. Availability of your supposed project would be a main problem for all crypto holder. Good luck on your project.