Post
Topic
Board Bitcoin Discussion
Re: What are your thoughts on the Bitcoin Debit Card?
by
hua_hui
on 22/11/2014, 04:48:12 UTC

It might be a step back but businesses aren't going to implement a whole new payment system for just one currency when swiping a Card is 10 times easier and currently implemented.


Exactly right Smiley

We are talking about those small sized shops that won't update their systems because they cannot afford them. A plastic bitcoin card would be way to bring bitcoin to them.

I think the bitcoin debit card is fully loaded with bitcoin. When going to stores who are not implementing bitcoin payment terminals, you swipe the bitcoin debt card and the card issuers immediately convert the bitcoin from the balance of the card to fiat then debt to the merchants' account. It may be tipping point to get bitcoin adopted by masses.