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4 posts

Wannabe Geek


Topic # 223687 12-Oct-2017 18:34
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Hi there,

 

Does anyone here that deals with crypto currencies like BitCoin, Ethereum, LiteCoin etc use one of those Visa cards that are linked to a BitCoin wallet?

 

I've been searching and searching but so far no one seems to send to New Zealand.

 

Is anyone using one now?  Do you have any recommendations?

 

Thanks


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  Reply # 1882604 12-Oct-2017 20:00
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TenX





When you live your life on Twitter and Facebook, and are only friends with like minded people on Twitter and Facebook, you are not living in the real world. You are living in a narcissistic echo chamber.

 


My thoughts are my own and are in no way representative of my employer.




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Wannabe Geek


  Reply # 1882616 12-Oct-2017 20:33
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Thanks for replying but I'm not sure if it's a Visa card or just a debit card.  Hard to find detailed information on their website.  Also, New Zealand isn't in their list of supported countries.

 

Are you in New Zealand and do you have one of these cards?


 
 
 
 


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  Reply # 1882701 13-Oct-2017 01:23
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Im curious what the use case is for a bitcoin denominated credit card. If the merchant accepts bitcoins - just pay them directly. If not - then every transaction would be a foreign currency transaction. Why not just get a normal credit card in whatever currency you make most of your purchases in. And just do a single bitcoin conversion each month to pay off the credit card?

 

Presuming that compliance with the Anti Money laundering Laws in NZ would be a nightmare for a company offering bitcoin payment solutions.

 

What am I missing?






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  Reply # 1882731 13-Oct-2017 05:22
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They are all debit cards as far as I am aware and the current main provider for VISA is unable to provide cards outside of EU and some US states at present - they used to supply NZ and I'm pretty sure some folks around here have them. TenX and a number of others are working with a new provider and should be able to supply NZ early next year I believe.

 

Personally, I have my standard VISA registered with CEX.IO which allows me to convert BTC to USD and withdraw to this card. 





When you live your life on Twitter and Facebook, and are only friends with like minded people on Twitter and Facebook, you are not living in the real world. You are living in a narcissistic echo chamber.

 


My thoughts are my own and are in no way representative of my employer.


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