Hi Tok, I didn't see this before my last post.  Yes, the "card denomination" thing confused me too, it's the same with Spectro, you have to choose a "home denomination" for the card.  I'm assuming that this is due to the VISA system itself, not any of these bitcoin card companies.

Also, (and I promise I'm not a shill for Spectro, just very happy with their card!) you can choose how much of your funds are in crypto or in any currency.  They actually provide you with 5 wallets: BTC, Dash, Eur, USD and XAU (gold).

When you send BTC or Dash to the card, it credits to your BTC or Dash card wallet immediately.  If you want to spend cash from the card, you hit a "Sell" button, and the trade is executed, the cash ending up in the wallet of the currency your card is denominated in.  (If you want to, you can do the reverse, and exchange it back to crypto. Those transactions are charged 0.5% + $1.00/€1.00/£1.00.)

I also did some research on the company, which I don't have to hand, but they are FAR from adequately described as "three kids from Lithuania".  Would you describe Bitstamp as "some kids from Slovenia"?  

Here's their blog, if anyone is interested:

https://blog.spectrocoin.com/

I have found some other card providers, but no personal experience :
https://xapo.com/card/
https://cryptopay.me/
and
https://lykke.com/ may release one soon...

Sorry for OT, do not want to derail the thread.

Why is Ether tanking ?

I have cards with wirex (e-coin) and xapo and had no problems with either. wirex has a more lucrative referral program as well. Link in my sig.

Well code is NOT law in ETH so there's that... 

Hey, this is pretty awsome. I hadn't quite realised the gravity of what's going on with these credit card initiatives.

Spectrocoin actually has a native Dash wallet onboard. So you can have a Dash backed debit card and you've got immediate effective adoption at 20 odd million merchants.

IMO this is the coolest stuff I've used since discovering bitcoin. Actually gives you a reason to move money around the blockchain and finally use crypto for living your life. (Like loading up your card with some Dash, walking into an Applestore and walking out with a new MacbookPro or just get a tin of beans in the local supermarket).

I needed to pay them £6.00 for the card. But no need to put any fiat in the loop - just charge the Dash wallet with 1 Dash and it's done !

I think my bank account is about to be toast.



Another thing - the Great british Pound has lost 70% of its value against Bitcoin over the last 18 months. Once that starts to penetrate into people's heads this kind of service is going be massive IMO. It may be the killer product that lights the touchpaper on cryptocurrencies as a mainstream store of value.

BTC has almost been a nice silver lining for me since the referendum result. I have to admit that it was not planned for me to be holding a significant stack at the right time.  Lucky coincidence.

Always good

Let's found a new company

Are you going to make it? I can back that