Can someone explain the added value of Xapo over typical fiat currency denoted debit cards?
The number of currency conversions is the same or even higher. Is there a difference in conversions fees between let´s say BTC--> EUR or USD --> EUR ?
The only advantage I see is for people without a bank account.
Thanks
Well, I just got schooled by caribbeanbitcoiner here haha
So it doesn't have an added value I believe compared to using fiat cards. What it does, it opens up the possibility of using your bitcoin anywhere.
If they take debit cards, now they take bitcoin thanks to Xapo.
My initial concern was over making bitcoin more acceptable. The above does not open bitcoin to the merchant as the merchant will not even know bitcoin was used as payment.
Basically the merchant charges Xapo, Xapo charges you and takes form your Bitcoin stash. Simple as that.
Check their website regarding conversion and fees.