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Anonymous Mon Apr 13 02:31:55 2020 No.18434459 [Reply] [Original]

There are bitcoin debit cards?
How does that work precisely?

>>	Anonymous Mon Apr 13 03:32:21 2020 No.18434982 you promise a btc debit card raise 100million in eth mastercard cancels your cards pocket 99million worth of eth people forget and move on to the next coin

>>	Anonymous Mon Apr 13 03:34:36 2020 No.18434998 >>18434459 >bitcoin debit cards Oh god that sounds awful >in 20 years you lay awake at night, remembering that time you bought McDonalds for an amount of BTC that will buy you a house today.

>>	Anonymous Mon Apr 13 03:37:07 2020 No.18435022 You convert crypto to fiat in an app and the card stores fiat not crypto. Meaning if you can liquify elsewhere e.g. shakepay in canada, then theres no use for a crypto debit card at all.

>>	Anonymous Mon Apr 13 04:10:10 2020 No.18435254 >>18435022 So basically i give my bitcoin to someone, and said someone store the ammount of Bitcoin, and when i use the card the entity sells bitcoin for fiat and pays immediately?

>>	Anonymous Mon Apr 13 04:11:06 2020 No.18435263 >>18434982 T. Tenex

>>	Anonymous Mon Apr 13 04:13:30 2020 No.18435283 >>18435254 yes

Anonymous Mon Apr 13 04:40:32 2020 No.18435477

>>18434459
>A certain company has a certain amount of dollars or euros.
>They make a debit card.
>When the user of the card swipes it at a store, the store gets cash from the debit company, and in exchange they deduct an equivalent amount from the user's bitcoin stash.
The store doesn't get bitcoin, they get cash. There ARE stores who get bitcoin but they are so rare that it doesn't matter for our discussion.

>>	Anonymous Mon Apr 13 04:42:02 2020 No.18435490 >>18434459 meh I had this years ago and would just withdraw into cash and buy cocaine and pay women to sleep with me it got shut down tho

>>	Anonymous Mon Apr 13 04:50:53 2020 No.18435560 >>18434982 Polis Pay

>>	Anonymous Mon Apr 13 05:17:36 2020 No.18435743 its time to learn about DEFI there can serious use case of crypt although defi such as lending and the likes, theres a project building similar products called Finnexus

>>	Anonymous Mon Apr 13 05:41:59 2020 No.18435911 i have been using crypto debit cards for years

>>	Anonymous Mon Apr 13 05:49:34 2020 No.18435970 >>18435743 Thank you sir , i m looking into Finnexus and seems like very good project ,

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