Replying to Avatar William ₿ Travis

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.
Avatar
Thekid.999 10mo ago

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.

Reply to this note

Please Login to reply.

Discussion

Avatar
William ₿ Travis 10mo ago

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.