Post
Topic
Board Bitcoin Discussion
Re: I am selling some bitcoins on eBay and accepting PayPal...
by
Fakeman
on 18/09/2011, 04:24:38 UTC
These guys: http://globalstandardbank.com/  look mighty suspicious to me.

These so-called bitcards can supposedly be 'converted back into digital form', but I suspect that the private key is not actually in the card and it relies on their database and website to convert.  That's if it's not an outright scam.  I haven't seen a presence from 'global standard bank' in the forums.
They have been around since at least July and a lot of people thought it seemed 'off' back then, the cards are a newer development though. If only their 'buy' price of $10.XX applied to regular garden variety bitcoins and not just to their fancy cards you could make a killing buying them off other exchanges to sell to them.