Ethereum: Are there any real Bitcoin credit/debit cards already exist?
The Cryptocurrency landscape is full of numerous promises of Bitcoin credit/payment cards and other innovative payment solutions. However, as we deepen the world of digital payments, it becomes clear that many claims are nothing more than hype or direct scams. In this article, we will examine whether there are real Bitcoin credit/payment cards and why some promising options may not be what they look like.
Bitcoin Credit/Debit Card Promise
In 2013, Bitcoininder released a Bitcoin credit/debit card that users promised to get some of their Bitcoin revenue in cash. The card was mentioned as a convenient way for individuals to spend their bitcoins in real life. However, the company behind the card later admitted that they had no real plans to launch the product.
By 2020, we will see similar promises in social media and online forums. Some companies claim to offer Bitcoin credit/debit cards, but it is necessary to approach these claims at a healthy dose of skepticism.
Why are Bitcoin credit/debit cards a scam?
Bitcoin credit/debit cards often get to a variety of scams, including:
- Standard Businesses Effects : Many cheaters create false websites that promise attractive rewards or services, but offer anything.
- No real product launch : Companies may not even be publishing their products, not to mention buying the audience.
- Payment processing fees : Scammers often charge unreasonable charges for payment processing that can eat your wallet on the balance.
Bitcoin Credit/Debit Card Reality
Because of these red tickets, it is clear that Bitcoin credit/payment cards are not as safe or legal as it looks. While some companies provide alternative solutions, such as PayPal-style services, which allow users to raise their bitcoin’s traditional payment methods, such as bank accounts, there is no Bitcoin/Bebit card that can be purchased.
Alternative Solutions
If you are looking for a way to spend your bitcoins in real life, consider the following options:
- PayPal : PayPal gives users the opportunity to transfer bitcoins to banks and other financial institutions.
- Bitpay : Bitpay provides a service that allows users to pay merchants directly with their Bitcoin balances.
- Transferwise
: Transferwise is a peer -to -peer payment platform that allows users to send bitcoins to individuals or companies around the world.
conclusion
In summary, although there are some innovative solutions in real life to use bitcoins, the promise of Bitcoin credit/debit cards is largely unjustified and often a scam. Be careful when investing time and money in these promises, and instead explores alternative options, such as payment processors or transfer services that provide more legal and safer ways to use your bitcoins.
Sources:
- Bitcoindiner (now expired)
- Other websites with similar Bitcoin credit/debit card-
- Online Forums and Social Media Groups discuss Bitcoin credit/payment cards