Now got a Bitcoin Hardware Wallet (Electrum + Trezor), a Lightning Wallet (Spark-wallet) and a new Visa Debit Card with conversion at time of purchase (Coinbase Card). The Bitcoin Ecosystem is evolving slowly but gradually!

Now got a Bitcoin Hardware Wallet (Electrum + Trezor), a Lightning Wallet (Spark-wallet) and a new Visa Debit Card with conversion at time of purchase (Coinbase Card). The Bitcoin Ecosystem is evolving slowly but gradually! submitted by /u/sumBTC
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Source: BTC
Now got a Bitcoin Hardware Wallet (Electrum + Trezor), a Lightning Wallet (Spark-wallet) and a new Visa Debit Card with conversion at time of purchase (Coinbase Card). The Bitcoin Ecosystem is evolving slowly but gradually!

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Is the Apple Card Even Worth Getting Over Other Credit Cards?

TheMerkle_Apple

As if there weren’t enough reasons not to get an , the latest batch of information might people think twice. This particular financial tool has some unwanted strings attached to it. Forced arbitration is never a good thing, as it immediately pushes customers in the wrong direction. Entering the financial market is not easy, not for a tech giant like Apple. 

Forced Apple Card Arbitration

For those unfamiliar with arbitration, an explanation is in order. This version, known as forced arbitration is present in most card terms and services. It means customers cannot file lawsuits against Apple or Goldman Sachs In the case of the apple Card, it is issued by Goldman Sachs on behalf of the technology giant. This force arbitration applies to both individual and class action lawsuits.

That doesn’t mean customers have no recourse if an issue arises. It does mean they will automatically adhere to binding arbitrations. This approach tends to favor companies over consumers, thus everyone knows who gets the short end of the stick. While customers can win an arbitration, their odds are severely limited. It is not the kind of mess one wants to get caught up in. Even so, it is not unique to the Apple Card, yet still worth taking into consideration. 

Limited Benefits Aren’t Appealing

Other reasons to obtain this credit card are hard to find. While it integrates well with the Apple ecosystem, that in itself should not be considered to be a selling point. The actual benefits provided by this card over others are virtually non-existent, which is only to be expected. Apple isn’t entering this space to compete with banks or other card issuers. Instead, it aims to retain its current customers as long as possible. 

The one advantage this card may have comes in the security department. It appears the Apple Card will use tokenized at point-of-sale terminals. This should expose less card information and result in safer transactions overall. While a positive point it is something other card issuers could easily mimic. For now, one has to wait and see if tokenized are the future for credit cards. Nothing has been proven to make it seem so. 

Payment Apply

About a week ago, it became clear Apple Card holders can’t buy everything. Some very strict limits and restrictions are put in place. While understandable, it further confirms users will not be in control of their finances. That situation applies to other credit cards as well. However, Apple is intent on taking this concept one step further. This only tilts the balance more toward the “don’t get it” side of things for a lot of consumers.

Image(s): Shutterstock.com

Korea Prepaid Card Invests in Blockchain-as-a-Service Company Bezant

is the second largest investor in BaaS firm Bezant.
Source: worldnewsoffice
Korea Prepaid Card Invests in Blockchain-as-a-Service Company Bezant

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Korea Prepaid Card Invests in Blockchain Startup Bezant

is the second largest investor in BaaS firm Bezant.
Source: coindesk
Korea Prepaid Card Invests in Blockchain Startup Bezant

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Cardstack – Developers, follow along with our movie list tutorial to enable editing mode for your card types! This editing tool, aka the Right Edge, is a feature of the Card SDK that allows end users to edit Cards from the browser/UI

Cardstack - Developers, follow along with our movie list tutorial to enable editing mode for your card types! This editing tool, aka the Right Edge, is a feature of the Card SDK that allows end users to edit Cards from the browser/UI submitted by /u/vandanman1
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Source: CryptoCurrency
Cardstack – Developers, follow along with our movie list tutorial to enable editing mode for your card types! This editing tool, aka the Right Edge, is a feature of the Card SDK that allows end users to edit Cards from the browser/UI

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Nexo Debit Card Allows You To Use Your Crypto (Without Spending It)

nexo debit card


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Innovation is a common thing in the crypto industry. If you are following the latest cryptocurrency news, you probably know that – just like you know that unique ideas pop up each and every day in this world. However, some ideas stand out – or are backed by big players in the industry such as Ripple. A perfect example for that is the which is a first foray in the crypto world for the startup.

Popping out of Ripple’s stable where the XRP backed crypto startup Nexo launched, the new Nexo debit card basically allows users to make via cryptocurrencies without actually spending it.

‘How does it work?’ – you are asking yourself.

Well, the altcoin news show that the Nexo debit card is actually a MasterCard debit card which helps users get real-time crypto loans by putting the tokens as collaterals. The concept is unique and extremely usable at face.

In an official statement shared on many best cryptocurrency news sites, the Ripple-backed startup said:

“When using the Nexo Card to purchase goods and services, you actually pay using your Nexo flexible open-ended revolving line that is backed with your crypto holdings and thus not selling any of them, which is giving you the freedom to spend today and sell your holdings whenever you want in the future to pay back the loan.”

What’s interesting is that crypto debit cards are growing in terms of popularity – especially in the last few months. They are known for helping users actually make use of their assets which remains more rigid than liquid. Unlike the Nexo debit card, other debit cards convert crypto to fiat and allow for making payments at merchant stores.

On the other hand, the Nexo debit card also takes the game a step ahead and collateralizes the amount of crypto swiped for purchase which allows users to keep their tokens while paying the loan later.

The loan gives a unique capability to the Nexo debit card – making it more of a credit card than a debit card. It is also first in the world of crypto and as a crypto finance startup, is a proud product by Nexo which is expected to be utilized by a lot of crypto holders.

The post Nexo Debit Card Allows You To Use Your Crypto (Without Spending It) appeared first on DC Forecasts – Leading Digital Currencies.


Source: dcforecasts
Nexo Debit Card Allows You To Use Your Crypto (Without Spending It)

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Apple Card restrictions include no jailbreaking or cryptocurrency purchases

Apple Card restrictions include no jailbreaking or cryptocurrency purchases submitted by /u/Skaligulavi
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Source: BTC
Apple Card restrictions include no jailbreaking or cryptocurrency purchases

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Apple credit card will not allow purchase of cryptocurrency

Apple credit card will not allow purchase of cryptocurrency submitted by /u/snuggie_
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Source: CryptoCurrency
Apple credit card will not allow purchase of cryptocurrency

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Apple credit card will not allow purchase of bitcoin

Apple credit card will not allow purchase of bitcoin submitted by /u/snuggie_
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Source: BTC
Apple credit card will not allow purchase of bitcoin

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Credit Card payments are now available for Opacity! (OPQ)

Credit Card payments are now available for Opacity! (OPQ) submitted by /u/71vivek
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Source: CryptoCurrency
Credit Card payments are now available for Opacity! (OPQ)

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