nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle you guys should make a bitcoin backed credit card or debit card .

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The only companies I know are crypto dot com in the USA and shakepay in Canada that have credit card baced Bitcoin, I think Coinbase too but only in the USA.

There's not many

Cards are just Point-of-Sale devices between the issuing bank and the merchant, with a payment gateway facilitated by Visa/MC

Why do you need cards when you have lightning wallets that work at POSs?

So you can pay with bitcoin at stores and stuff day to day

You can do that with lightning 🤔

Nope nowhere accepts bitcoin

So you mean a payment gateway / payment processor that connects #bitcoin to regular merchants?

Yes so you would spend them it would sell that much bitcoin for you, so effectively your money is in Bitcoin up till you spend it

Strike is an exchange, so technically it’s not difficult

Can you buy prepaid Visa cards on Strike?

With Bitrefill yes, but digital only and kinda worthless for most things

Hmm … then you have a good idea of #bitcoin based Debit Cards. Not sure how Credit Cards would work though, because there has to be an issuing bank

Isnt there already such at another company? Such as xapo or somewhere?

This is semantics. Just have fiat in hand. Ask to pay in Bitcoin to get it out of circulation. I don't get it.

He said that’s lower priority on his podcast Monday