Re: Crypto debit card for FIAT payments - would you use one?
Hi artbart, I will be honest, I would be very interested.
Some replies on here make me laugh. "Bitcoin is not to be spent in fiat currencies" well speak for you, but the big majority of people are like me, they either hold, or cash out their profit in fiat currencies to pay for flight tickets, nice vacations, nice gifts.
Who buys things with Bitcoin?
I will be very interested to use your service if the exchange rate is fair and close to what Bitstamp offers right now. However it looks like a tricky process, both Advcash and Mistertango had their cards disabled last year. Advcash is working hard again to deliver a new one but it is taking forever.
Great, I'll let you know when it is available from us. We'll use a different flow to process these payments, so, I hope we will build a sustainable service for crypto debit card. And again, as I've mentioned before, this card will not be crypto card, it will be a regular FIAT card, but processed, hopefully, in a smarter way, than competition does.Some replies on here make me laugh. "Bitcoin is not to be spent in fiat currencies" well speak for you, but the big majority of people are like me, they either hold, or cash out their profit in fiat currencies to pay for flight tickets, nice vacations, nice gifts.
Who buys things with Bitcoin?
I will be very interested to use your service if the exchange rate is fair and close to what Bitstamp offers right now. However it looks like a tricky process, both Advcash and Mistertango had their cards disabled last year. Advcash is working hard again to deliver a new one but it is taking forever.
I am not sure if you are able to give too many details (could be sensitive info), but how do you explain that some companies lost their contract with their debit card provider? I was getting worried. Even paranoid, I thought it was the end for these types of services (Payeer also lost a contract).Are there many providers on the market?
And one last question, do you think you'll be able to send the card to Asian countries? (usually this kind of service is restricted to Europe). I am actually a citizen of Europe, but spend most of my time in Asia (two residences). Thanks and good luck guys!