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If you wanted to use a visa card, why would even bother with bitcoin? Or vise-versa

• r-marques 11y ago
  Its just a simple way to spend your bitcoins with merchants that do not accept bitcoins
• bachmeier 11y ago
  Not only that, but there's a $10 issuance fee associated with this, and based on the announcement, there will be usage charges as well in the future. So it's Visa + fees. As opposed to the Visa I pull out of my wallet now and use without paying any fees.
  • JoeAltmaier 11y ago
    Well, except for the 2% merchant fee of course (that's passed along to all of us in the price)
    • vkou 11y ago
      Which you won't get a discount on if you buy with BTC. Meanwhile, I get 1-3% cashback...
      • manymany 11y ago
        merchant fees are significantly lower given that we're talking of a debit card not a credit card
• aianus 11y ago
  You could send your cousin in Somalia $200 in BTC and he could withdraw it in local currency at the ATM down the street from his house. Versus paying Western Union 8% for the same thing. (Probably not with this card specifically, but if there was a Somalian equivalent...)
• s73v3r 11y ago
  Well, I can't think of a better way to buy groceries with bitcoin.