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This is really interesting: “New Generation of Credit Cards Offer Bitcoin in Place of Airline Miles.” I would take the BTC rather than my United miles.

This is really interesting: “New Generation of Credit Cards Offer Bitcoin in Place of Airline Miles.” I would take the BTC rather than my United miles.



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  1. This paragraph does a nice job driving the point:

    “I could earn $25 cash back or I could earn $25 of bitcoin, which 10 years from now could actually pay for that original purchase I made,” said Thomas Harrison, who is developing a credit card with Gemini, a cryptocurrency exchange, that is set to launch this year.

  2. Surprised the article didn’t mention Crypto.Com. They currently have 10mil users and a prepaid visa debit card I’m getting 5% cash back on all purchases. None of those weird cash back lottery thing.

    Anyway, had to shill for a moment cuz the whole article is about the companies trying to setup a Visa card while CDC has been doing it for awhile.

    Edit: might as well add that crypto.com were the ones that helped visa execute an onchain stable coin transaction… excited what this will hold in the future: https://www.reuters.com/article/us-crypto-currency-visa-exclusive-idUSKBN2BL0X9

  3. This is a no brainer. Who wants cash back when you can get an asset back in return, especially one that has been growing in value over its existence.

    I know cash back might be more convenient but if we could earn something of value instead, I would use a credit card more often.

  4. The points about why this may not be the best use of credit card points seems valid, but this is still great for crypto. Tons of new people will still do this because it is cool, thus increasing demand on a limited supply = prices go up. As pointed out, due to high conversion fees this may effectively lock up a fair amount of Bitcoin from being floated.

  5. The problem with this advertorial is that it doesn’t once mention the annual fees associated with these btc cards.

    My citibank double cash card pays 2%, all day everyday, for purchases (1% on charge, 1% when I pay the balance every month). That 2% can be shoveled into btc if so so choose with no annual fee. I no longer keep airline cards beyond their promo periods.

    In comparison, These btc cards all seem to have $100-$250 annual fees. Fuck that.

  6. If the rewards rate they give you is competitive, this would be a game-changer for me. I like to play the CC game, but if I can get 1-2% back in the form of BTC, I’d stop and just use that.

  7. Kinda funny, bitcoin originally sought to dismantle the need for third parties in a financial transaction, but now adding bitcoin as a reward on a credit card, you have everyone lining up for more debt and transactions through visa.

    It’s like, cutting the cord on your TV to stick it to Comcast only to be roped back in by using their internet services.

  8. Nothing juicer than Bitcoin as a reward for credit card purchases.

    Impatiently waiting for my BlockFi credit card, I’m just in 185,965th place, shouldn’t be too long 🥲

  9. I have the Fold Premium debit card which gives me Bitcoin back on all purchases. It is fucking amazing. Bitcoin back on my mortgage payment. Bitcoin back at Target. Bitcoin back when I get gas. Bitcoin back when I go grocery shopping. Bitcoin back when… well, you get the idea.

  10. Cash App’s Cash Card sometimes has a boost where you can earn 3% up to $75 worth of BTC as “cash” back on your purchase. Pretty awesome deal, but now I need something big to buy

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