Post
Topic
Board Development & Technical Discussion
Merits 2 from 1 user
Re: Introducing a Revolutionary Idea: Bitcoin-Linked QR Codes on Payment Cards Power
by
satscraper
on 29/08/2024, 05:39:41 UTC
⭐ Merited by pooya87 (2)
Probably if Yubico could go into this business and issued their own cryptocard connected to wallet secured by their HW security key some people would use it.  I don't see any difference between (let's say Wirex) crypto card and the card issued by Yubico. However,  it is inclusively my own assumption.
There are people who store their bitcoins on a centralized exchange account and lose it when it gets hacked. That doesn't make the solution good. If such a service were to be created, it has to offer very competitive rates to not be a service a handful of users use...

The idea not to store but to spend bitcoins using  crypto card via PoS terminals at retail points. I have a few crypto cards (Wirex included) which I top up with bitcoin and use them in my daily routin to cover my various purchases in wide range of shops. Thus, I would not mind if another crypto-linked debit card (let's say under Jubico umbrella)  occurred, Regarding competitive rates, definitely it is up to issuer of crypto card.