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RE: The Old Dog Announces: My New Crypto Debit Card Has Arrived Just in Time For My Steemcation!

in #offramp7 years ago

Nice. I have a Advcash virtual debit card and use it for USD and EUR denominated online purchases.

I also use a CoinJar EFTPOS card for physical purchases in my own local currency (AUD). I am waiting for a crypto card in AUD. So far, most are USD, EUR or GBP and have a 3% foreign exchange fee, which has turned me off.

I presume the 3% goes to Visa/Mastercard, which is all the more reason to try to encourage vendor to directly accept crypto. Would make everything cheaper and easier.

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Sounds great. We need solutions for all countries. For more info on spending directly with crypto check out the Blockpay project updated regularly by @kencode.

I am following Blockpay closely (and hold tokens). I am waiting for it to be ready for me to easily add it as a payment option on my vending machines.

Yes well there has been tons of turmoil lately with the subsequent setbacks. Let's hope that the troubles are behind @kencode now. Are you an original Angelshares BitShares guy?

No, I found out about bitshares through Steem, but looked into it, liked what I read about its potential and invested in it. I averaged down for a bit, but thanks to the altcoin boom, it is now my second largest crypto holding, behind bitcoin. I like the idea of the possibilities of stable crypto and what it could do in enabling more commercial rather than just speculative use.

When it hit about 40 cents I regret not changing at least half into bitusd even during the recent huge correction bitusd held the peg! Now that's amazing!

Hindsight is great, isn't? I too have regrets there. I bought some HERO, but not as many as I should. The thinking goes, why sell at 40 cents if you think it is going to $1. I am now diversifying my portfolio with larger portions of stable crypto as prices increase. Little by little is my strategy for risk management. That way, if I sell a small portion at 15 cents and it goes to 30 cents, I'll still be happy knowing I have locked in some profit, but still have exposure to future price rises.