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A comment on Tesla buys $1.5B in Bitcoin, may accept it as payment in the future. Parent comment

Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by andreygrehov on Monday February 08, 2021 @10:43AM (#26065981)
Coinbase is about to release a debit card [1] that you'll be able to use everywhere.

[1] https://www.coinbase.com/card

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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by ac29 on Monday February 08, 2021 @03:06PM (#26069423)
"Coinbase will automatically convert all cryptocurrency to US Dollars for use in purchases and ATM withdrawals".

This removes a little friction, but the vendors are not taking crypto. Its not really any different than using a US credit card in a foreign country - the vendor isn't taking USD, even if thats what I end up being billed in (along with the associated fees).

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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by learc83 on Monday February 08, 2021 @10:51AM (#26066100)
If they do that, they’ll need to follow the same regulations any other bank does.
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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by FabHK on Monday February 08, 2021 @11:25AM (#26066556)
At least it'll be able to scale... because it uses the VISA network :-)
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