Introducing the Shift Card: Use Bitcoin where Visa is accepted

Re:Introducing the Shift Card: Use Bitcoin where Visa is acc... by ck2 on Friday November 20, 2015 @10:18AM (#10601551)

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

Or vise-versa

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Re:Introducing the Shift Card: Use Bitcoin where Visa is acc... by r-marques on Friday November 20, 2015 @10:28AM (#10601623)

Its just a simple way to spend your bitcoins with merchants that do not accept bitcoins

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Re:Introducing the Shift Card: Use Bitcoin where Visa is acc... by bachmeier on Friday November 20, 2015 @11:08AM (#10601892)

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.

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Re:Introducing the Shift Card: Use Bitcoin where Visa is acc... by JoeAltmaier on Friday November 20, 2015 @11:09AM (#10601901)

Well, except for the 2% merchant fee of course (that's passed along to all of us in the price)

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Re:Introducing the Shift Card: Use Bitcoin where Visa is acc... by vkou on Friday November 20, 2015 @12:00PM (#10602246)

Which you won't get a discount on if you buy with BTC.

Meanwhile, I get 1-3% cashback...

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Re:Introducing the Shift Card: Use Bitcoin where Visa is acc... by manymany on Friday November 20, 2015 @05:30PM (#10604319)

merchant fees are significantly lower given that we're talking of a debit card not a credit card

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Re:Introducing the Shift Card: Use Bitcoin where Visa is acc... by aianus on Friday November 20, 2015 @01:20PM (#10602821)

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...)

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Re:Introducing the Shift Card: Use Bitcoin where Visa is acc... by s73v3r on Friday November 20, 2015 @01:50PM (#10603030)

Well, I can't think of a better way to buy groceries with bitcoin.

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