Re:Bitcoin: A Peer-to-Peer Electronic Cash System (2008) [pdf]
by FabHK on Saturday December 09, 2017 @04:50AM
(#15885073)
Are there standard mag stripe/chip cards that draw from a BTC account and exchange into fiat at the time of purchase of a good?
All the cards I've seen when I looked into it a bit ago converted into fiat at the time of charging the card with BTC (ie, you send BTC, that got converted into fiat immediately (at pretty mediocre rates), and then you could use that fiat to purchase stuff or withdraw cash (at pretty mediocre rates, again)).
All the cards I've seen when I looked into it a bit ago converted into fiat at the time of charging the card with BTC (ie, you send BTC, that got converted into fiat immediately (at pretty mediocre rates), and then you could use that fiat to purchase stuff or withdraw cash (at pretty mediocre rates, again)).