423 sats \ 3 replies \ @phygit 1 Dec 2022 \ on: Hello Stackers! Bold is a credit card backed by your bitcoin stack. AMA! bitcoin
Interesting product!
Two questions: . In which countries will the card be available? . What kind of KYC (if any)?
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54 sats \ 2 replies \ @Bold_Bitcoin OP 1 Dec 2022
Thanks! We think so ;)
Launch is in the US, no specific timeline yet on other countries.
The Bold Card is built for bitcoiners (and built by bitcoiners). So we understand the need for privacy.
This is a credit card in the fiat world so the typical KYC rules apply. You do get the all the access and benefits of a credit card (fraud protection, chargebacks), so there are tradeoffs.
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0 sats \ 1 reply \ @Kaffi 1 Dec 2022
So there is no capital tax unless we get liquidated?
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0 sats \ 0 replies \ @Bold_Bitcoin OP 2 Dec 2022
that's right, unless you decided to pay off your balance in bitcoin
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