Quote from: molivil on July 03, 2019, 08:06:36 PM

Quote from: adaseb on July 02, 2019, 05:57:57 AM

Quote from: ATCkit2 on July 02, 2019, 03:45:00 AM

Interesting article re: an App called Spedn to use crypto at retailers:

https://www.forbes.com/sites/michaeldelcastillo/2019/05/13/starbucks-nordstrom-and-whole-foods-now-accept-bitcoin-just-dont-ask-them/#4003d6362252

EDIT: Spedn site: https://spedn.io/

Yes this was actually introduced during the conference back in May. From what I recall it added fire to the already crazy bull-run we had back in May.

Good that you posted this because at the time, the app was only available to reporters and other testing personnel. But right now it looks like you can actually use it if you got a iPhone.

Reading the reviews on the app store, they are mostly mixed. Basically people either rate it a 5 or a 1. Will download it and see if its any good and hopefully won't be any issues while trying to actually use it to pay.

Wouldn't just using the Coinbase VISA card accomplish the same thing? Maybe fees higher, and you'd need a physical card, but otherwise isn't it essentially the same?

In my opinion the Coinbase VISA card is/was better than the Spedn because you could spend it anywhere that Visa is accepted and its practically almost everywhere in the world.

Since I am not from the USA, I had a Bitpay Visa card for a few months before it was cancelled by Visa for regulations. The card worked in most places however the fees weren't worth it. 1-2% here or there for small purchases is not bad but it would start to add up. So you were better off just withdrawing your fiat from an exchange into your bank account. Just use your regular visa and let the merchant worry about the fees.

The Spedn will probably eliminate those fees and hopefully the middleman (which is Gemini in this case) won't be charging a huge spread. We won't know until we use it. Might be a game changer, might not.