Published on November 20th, 2015 | by bitcoin0
The debut of a new way of banking using ingrained technology begun within Coinbase
Today Coinbase announced a new Bitcoin debit card that will allow U.S. users to pay with Bitcoin anywhere Visa is accepted.
The new Bitcoin card is the result of a partnership with Shift Payments, a Y Combinator-backed startup that has been working on a cryptocurrency credit card for well over a year.
Shift teamed up with Visa on this new card, giving card users the ability to pay with Bitcoin at 38 million merchant locations.
For the Bitcoin ecosystem, the Shift Card marks a major step forward, giving Bitcoin owners more opportunity to spend their Bitcoin easily.
But these systems haven’t really encouraged Bitcoin owners to pay with Bitcoin at stores.