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Introducing the Shift Card: Use Bitcoin where Visa is accepted

blog.coinbase.com

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Re: Introducing the Shift Card: Use Bitcoin where Visa is accepted

#52

Post by eric_h »

cbisnett wrote: post #37

According to the Shift Payments FAQ you must reside in one of the following states to spend bitcoin via Coinbase: AL, AZ, CA, DE, DC, GA, ID, IA, KS, ME, MS, NE, NV, NJ, NC, ND, OK, PA, PR, SD, TX, VT, WA, WV [1] https://www.shiftpayments.com/faq

Can't help but notice that NY is not in that list. Oh well.

Re: Introducing the Shift Card: Use Bitcoin where Visa is accepted

#53

Post by wdewind »

trevelyan wrote: post #40
kobayashi wrote: post #32

Earlier quoted context omitted.

Almost equally bad.

Perhaps we can quash the notion that financial privacy is "bad". Anyone who deals with international finance knows that KYC compliance is a joke and the required submission of sensitive personal documents to third-party companies is a major contributor to identity theft and fraud. Indeed, identity fraud is in many ways a product of policies that force companies to collect this data. Nor is there any sensible moral ar…

I don't deal with international finance but I do deal with payments within the US and I have to say I really disagree with you on KYC. Our KYC process absolutely prevents fraud from happening, and because we are liable for any transactions we process I can't imagine operating without it.

Re: Introducing the Shift Card: Use Bitcoin where Visa is accepted

#54

Post by eric_h »

celticninja wrote: post #30
ShiftPayments wrote: post #23

Earlier quoted context omitted.

The card works both in the US and at merchants that accept Visa abroad!

but is only available to US residents, of whom less than half own a passport, so the worldwide merchant aspect is applicable to the subset of the US population that hold bitcoin and a passport.

> but is only available to US residents

Who live in one of 24 states. New Yorkers need not apply.

Re: Introducing the Shift Card: Use Bitcoin where Visa is accepted

#57

Post by celticninja »

eric_h wrote: post #54
celticninja wrote: post #30

Earlier quoted context omitted.

but is only available to US residents, of whom less than half own a passport, so the worldwide merchant aspect is applicable to the subset of the US population that hold bitcoin and a passport.

> but is only available to US residents Who live in one of 24 states. New Yorkers need not apply.

Even smaller, I commend their ability to offer new services but it should make it clear that this is a very limited offer.

Re: Introducing the Shift Card: Use Bitcoin where Visa is accepted

#60

Post by AYBABTME »

I'm curious what the exchange rate looks like when purchasing stuff that's not in USD. If the conversion is the same as that of BitcoinUSD, then it would make this card super useful for people who travel a lot.

What I mean is, it'd be cool if the card would do:

    - BitcoinCAD
    - BitcoinEUR
    - BitcoinBHT
    - BitcoinHKD
    - BitcoinAUD
So that we wouldn't need to do:

    - BitcoinUSDCAD
    - BitcoinUSDEUR
    - BitcoinUSDBHT
    - BitcoinUSDHKD
    - BitcoinUSDAUD
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