20 Aug '12, 6am

BitInstant looks to bridge virtual and real world currencies with international Bitcoin credit card

BitInstant looks to bridge virtual and real world currencies with international Bitcoin credit card

Exchange service BitInstant is reportedly planning to bridge the gap between the digital world of Bitcoin virtual currency and the real world of debit/credit card payments. An unconfirmed source from the company has revealed that BitInstant is in the final stages of creating a Bitcoin card that will also function as a standard international MasterCard. Bitcoin has been steadily attracting an active community around it since its arrival in 2009. Though the allure of anonymity and its technical nature made it initially associated with hackers and the online underworld, it is becoming increasingly mainstream. The arrival of the first international Bitcoin-supported debit card could give the service a high-profile boost. Coding in My Sleep posted an IRC chat transcript where BitInstant co-founder Charlie Shrem allegedly claimed that the credit card is in the final stages and m...

Full article: http://thenextweb.com/insider/2012/08/20/bitinstant-may-b...

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