Ethereum: Are there still real credit/debt cards?

The panorama of cryptocurrency is full of numerous credit/debt card promises and other innovative payment solutions. However, as we deepen the world of digital payments, it is clear that many statements are nothing more than hype or blows absolutely. In this article, we will explore if there is a credit/debt card bitcoin and why some promising alternatives may not be what they seem.

The promise of credit/debt Bitcoin cards

In 2013, Bitcoindiner launched a Bitcoin credit/debt card that promised users to receive part of their cash earnings. The card has been announced as a convenient way for people to spend their bitcoins in real life. However, the company behind the card later admitted that it has no real plans to launch the product.

Advancing by 2020, we see similar promises that spring up on social media and on -line forums. Some companies claim to offer credit/debt card bitcoin, but it is essential to face these statements with a healthy dose of skepticism.

Why are credit/debt cards a blow?

Bitcoin credit/debt cards are usually victims of several scams, including:

• False company sites : Many scammers create fake sites that promise interesting awards or services, but provide nothing.

• No real product launch

  : companies may not even plan to launch their products, not to mention offering them for purchase by the public.

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The reality of credit cards/Bitcoin debt

Give these red flags, it is clear that Bitcoin’s credit/debt cards are not as right or legitimate as they seem. While some companies offer alternative solutions, such as PayPal -style services that allow users to remove their bitcoins from traditional payment methods such as bank accounts, a credit/real debt debt available for purchase is not available.

Alternative solutions

If you are looking for a way to spend your bitcoins on real life, consider the following alternatives:

• Paypal : Paypal allows users to transfer Bitcoin to banks and other financial institutions.

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• Transferwise : Transferwise is a point -to -point payment platform that allows users to send bitcoins to people or companies worldwide.

Conclusion

In conclusion, although there are some innovative solutions to shop in Bitcoin in real life, the promise of Bitcoin credit/debt cards is widely unfounded and usually blows. Be cautious by investing time and money in these promises and instead explore alternative options such as payment processors or transfer services that offer more legitimate and safe ways to use your bitcoins.

Sources:

• Bitcoindiner (now deceased)

• Other sites with similar Bitcoin credit card promotions

• Online Forum and Social Media Groups that discuss credit cards/Bitcoin debt

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