Crypto Cards Are Giving Bitcoin Purchase Power

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Spending your cryptocurrency was once a headache-inducing endeavour. Payment giants Visa and Mastercard have rolled out support for cryptocurrencies on their vast networks, giving users the ability to quickly and cheaply convert them into traditional currencies for spending purposes.

to its partners throughout Europe. There clearly are many different entities responsible for giving crypto more purchase power.

boasts over 40 million monthly active users and digital wallets like Venmo, Revolut, and Wirex have also built large international user bases.Many alternative payment platforms continue to allow users to fund their accounts through connecting their bank accounts. Crypto-friendly debit cards, for example, often display a fiat balancecrypto balance with account-holders able to shift funds accordingly and spend either fiat or crypto at the point of sale.

 

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It doesn’t give BTC purchasing power. C/C pays and collects from crypto broker in $USD. Normal: Client $USD C/C $USD Merchant $USD Crypto: Client $USD Broker BTC Broker $USD C/C $USD Merchant $USD Because it’s so smart to keep stacking Middlemen to the currency.🤣

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