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0 sats \ 1 reply \ @phygit 22 Sep 2023
Interesting but 8% fees on reload seems a bit high. And not sure about the convenience of the "one-time use" thing.
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0 sats \ 0 replies \ @hello310 OP 22 Sep 2023
You can use it multiple times. It's just that the card can only be topped up once.
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0 sats \ 2 replies \ @DarthCoin 22 Sep 2023
These cards are the most moronic thing ever. Are totally AGAINST Bitcoin adoption and people still do not realize it...
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10 sats \ 1 reply \ @phygit 22 Sep 2023
Not really.
It's typical chicken-egg problem. The problem of adoption can be simplified in 2 issues:
- Not enough merchants accepting BTC
- Not enough people willing to (or able to) spend BTC
We cannot do much on 1/. But Bitcoin-cards can help on 2/.
I agree that cryptocards cannot (or shouldn't) be a long term solution. But I prefer to live in a world with plenty of options to spend bitcoins than in a world with very limited Bitcoin-only solutions. Bitcoin-cards are a way to bootstrap Bitcoin use for common users.
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0 sats \ 0 replies \ @DarthCoin 22 Sep 2023
Takes time until people will realize this.
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