Post
Topic
Board Service Discussion
Re: Bitcoin debit card for online payments
by
qwerty555
on 17/10/2014, 08:49:32 UTC
What do you need a debit card for?
Just install a bitcoin client and go to an exchange to buy some bitcoins.
As long as you don't need bitcoin instantly, I wouldn't use anything else than an exchange to buy bitcoins(mostly takes about 2 days to get your bitcoin).

I need it for payments in all eshops which dont accept bitcoin.
Eshop accept just regular credit/debit card.
oh, ok, sorry, I got this wrong.
So, you load a debit card with bitcoins and when you pay with it, a third party converts that into USD?
I still don't get the advantage of that system. Wouldn't the third party still take their cut? Why not just load a debit card with USD?

Hope this explains..the cost advantage is when u use it abroad..and/or in non US$ countries

https://bitcointalk.org/index.php?topic=736643.msg8554196#msg8554196

vs

https://bitcointalk.org/index.php?topic=775185.msg8743918#msg8743918


Thanks.
Are you involved with Vapo?
I was asking about, if you can really save money by using Bitcoins when you are in another country, some time ago in a new thread, but didn't really get an  answer.
Do you maybe know, of some real case studies? The theory always sound nice, but I would be more interested about experiences people really made.
(I am also from an EUR-country so maybe something that involves EUR. )

No I'm not involved with Xapo.

I think its a good idea and have had some feedback of satisfactory use in the Philippines with competitive charges.
Heres a test on a us$ level
http://www.coindesk.com/reviewed-xapos-bitcoin-debit-card/

if their r major problems with charges it will probably be on Reddit. there are mixed reviews but its barely over 2 months old so I expect teething problems will eventually be fixed.

My biggest beef is that the roll out of the cards is Sllllooooooow..so its really  hard to use if you havent got it yet LOL

edit ..and some more beefs with comment for and against

http://www.reddit.com/r/Bitcoin/comments/2cvggs/product_review_xapo_visa_debit_card/