There are a lot of questions waiting to be answered regarding how businesses and enthusiasts intend to take Bitcoin to the mainstream. Issuing Bitcoin debit cards seem a step in the right direction, although it is doubtful this will be the best – and final – iteration of merging traditional finance with cryptocurrency.
Bitcoin and Plastic Cards Remain An Odd Couple
Despite the growing number of Bitcoin debit card providers in the world, there are some concerns regarding using a plastic card to spend cryptocurrency. While this brings a lot of convenience to the table, it is not the same as spending Bitcoin the way it was meant to. But it sure makes it a lot easier, that much is certain.
The biggest gripe people have is that any debit card in the world is issued by a bank. Regardless of which company provides this Bitcoin debit card service to its customers, the bank is responsible for ensuring transactions can go through and payments are made in the right national currency.
However, if the issuing bank suddenly decides to halt their debit card service, the plastic cards become