TBD.. I suspect if you hold your corn with them they will give you a better rate.. which is very suss
Discussion
It's already sus, because nobody can answer this question. 🤷🏽♀️🤣🤣🤣
For now, they are most likely going to run it like a standard credit card, which means 18-21% credit. But if you pay your card off every month like I do, interest isn't an issue. The card would be a benefit to me by allowing me to consolidate purchases into one bitcoin payment (lower block fees) at the end of each month.
If I couple that with spend and replace, there are little to no cgt.
It's hard for me to see the downside.
Yeah, that's not innovation. They didn't create a new product. It's just a regular same old credit card. I tried to do Bitcoin standard as much as I can. I don't hold no fiat. And I have no credit score, because I decided not to use that system anymore. So all my purchases come from gift cards, but it's getting a little hectic.
I don't think I said it was innovation. I said it is was useful. I'm probably older than you and have derived benefits from the old system, which I am perfectly willing to live without. Meanwhile, I have spent my time and resources doing other things to prepare my family for what's coming next.