Replying to Avatar Guy Swann

That’s why you do it for spending. Is purely using a custodial/fiat service for accessing the payment network. Not for holding/valuing the money. You don’t put your entire savings and income on a prepaid VISA card on TheBitcoinCo, you do like $50 to buy something online for $50. They literally only last for a few months before expiring. Nothing about it is long term or built for large amounts.
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Guy Swann 1y ago

And funny enough you actually have a lot more privacy too. With prepaid cards you can put in any name or address you like. It’s one of the reasons I use them instead of selling to dollars in my bank if I need to spend where I can’t use bitcoin.

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