Post
Topic
Board Economics
Re: Using credit cards to buy bitcoin in the bull run
by
fullhdpixel
on 08/07/2019, 07:49:41 UTC
If you were going to do this, what card would you use?

Do any credit card companies have restrictions on bitcoin purchases?

Which cards offer incentives and bonus dollars for purchases?

why would any credit card offer incentive for purchase?
I clearly do not get that aspect too, because any credit card issuer also do so to make profit from its operation, and any credit card who would even take the risk of allowing payment of cryptocurrency would slam high charge on user for doing so against the government permission, and moreover, I am not sure any financial institution offering credit card services under government would ever allow cryptocurrency payment.

Most of the ones we can use are third party related companies with high fees, and if we consider the fee and lots of fees we will still have to pay for cryptocurrency usage, we will see that it is really not worth it to engage credit card services in our little purchase, otherwise, we might have useless the value of what we are purchasing.