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I couldn't find any mention on the website -- does it support one time numbers for online transactions? If not, I'd be very reluctant to use it. One breach an
by k2enemy 11y ago
I couldn't find any mention on the website -- does it support one time numbers for online transactions? If not, I'd be very reluctant to use it. One breach and your bitcoin account is gone.
- ianhawes 11y agoYou'll have all the rights of a Visa cardholder, such as the ability to file a chargeback.
- noamsml 11y agoAre you sure? This is debit, not credit. I believe your rights with debit a fair bit weaker (might depend on issuer though).
- delinka 11y agoThe "debit" part of the name means that it draws from an account of liquid funds rather than a line of credit. You can still opt to have your purchase transactions run as if they were credit which does indeed give you VISA credit card protection.
- antaviana 11y agoNerver used bitcoin, but cannot you simply create another bitcoin account for petty cash VISA transactions and transfer funds when need be?
- cookiecaper 11y agoYou can, but ironically, transfers are not painless in Bitcoin. It can take over 60 minutes for a transaction to be "confirmed", meaning the network has verified that the coins you spent were rightfully yours to spend, and there needs to be a transaction fee attached so that miners are incentivized to check your transaction. Many bitcoin users prefer to generate a new incoming address for each transaction to improve privacy (Bitcoin is "anonymous" only insofar as your legal name is usually not directly attached to the transaction; in most other ways, it's more traceable than the alternatives).
- mynameisvlad 11y agoIf you have two Coinbase accounts, transfers are immediate (since Coinbase still owns the bitcoins, they just move them internally): https://support.coinbase.com/customer/en/portal/articles/1392055-why-can-t-i-see-my-transaction-in-the-blockchain-?t=531816 https://support.coinbase.com/customer/en/portal/articles/139...