I just learned that Peter Schiff is trying to make a debit card using Visa or Mastercard which interfaces with the gold backed bank he is forming (outside US due to legal reasons). That would be awesome and I hope the same happens with bitcoin. Purchasing anything with bitcoin using a debit card; it would be perfect. It would need yo interface with an existing technology such as Visa so it is pre-compatible.
That sounds really neat. Can he guarantee 100% backing? Isn't that kinda like GoldMoney? Or an EFT? Has Peter Schiff ever mentioned bitcoins before? Visa/MC might be a mainstream bootstrap, but it'd be better eventually transmitted via bitcoin.