Coinbase Debit Card

Re:Coinbase Debit Card by hellllllllooo on Friday April 12, 2019 @03:06AM (#19642658)

Bitcoin at this point is purely speculative and this is almost like hooking up a debit card to my Robinhood account and selling stock to pay for it every time I buy something.

Seems to completely work around the reasons why Bitcoin etc. were interesting in the first place as a technology.

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Re:Coinbase Debit Card by djpilot on Friday April 12, 2019 @03:14AM (#19642701)

"Seems to completely work around the reasons why Bitcoin etc. were interesting in the first place as a technology."

I respectfully disagree. The original goal of Bitcoin was to create a new financial system and instrument which ultimately enables people to pay for things.

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Re:Coinbase Debit Card by point78 on Friday April 12, 2019 @03:23AM (#19642740)

*anonymously

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Re:Coinbase Debit Card by djpilot on Friday April 12, 2019 @03:25AM (#19642751)

Pseudo-anonymous. Research it a bit if you aren't aware of the implications.

https://www.buybitcoinworldwide.com/anonymity/

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Re:Coinbase Debit Card by xlc0212 on Friday April 12, 2019 @03:27AM (#19642769)

What is the reason why Bitcoin? It is digital currency and able to use it to buy daily groceries is the whole point of a currency. It become store of value not only because it can be store of value, but more of you can’t use it for daily spendings and people needs another reason to justify exists of Bitcoin.

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Re:Coinbase Debit Card by Sahhaese on Friday April 12, 2019 @03:40AM (#19642833)

This is the opposite of using it to buy groceries. This is selling it to coinbase and using the fiat to buy groceries.

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