21 Aug '12, 7am

Bitcoin-based credit card reportedly due in two months

A mockup of the Bitcoin-funded card. (Credit: BitInstant ) Bitcoin, the peer-to-peer currency that's been gaining in popularity, appears to be getting ready to take the leap from the digital world to the real world. Exchange service BitInstant is creating a Bitcoin-funded card that would function as a standard debit/credit card and would be honored where ever MasterCard is accepted, according to the transcript of an interview allegedly conducted wth BitInstant co-founder Charlie Shrem. During the interview, published by Coding in My Sleep , Shrem says the card might launch within the next six to eight weeks. The cards would be issued by a "major international bank" with which BitInstant has partnered and funded at a rate of 1 percent, Shrem said. Transactions of less than $1,000 will be funded after the first confirmation. Shrem posted a mockup of the card, which will feat...

Full article: http://news.cnet.com/8301-1023_3-57497014-93/bitcoin-base...

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Bitcoin-based credit card reportedly due in two...

news.cnet.com 21 Aug '12, 7am

A mockup of the Bitcoin-funded card. (Credit: BitInstant ) Bitcoin, the peer-to-peer currency that's been gaining in popul...

Bitcoin-based credit card reportedly due in two months

Bitcoin-based credit card reportedly due in two...

news.cnet.com 21 Aug '12, 7am

A mockup of the Bitcoin-funded card. (Credit: BitInstant ) Bitcoin, the peer-to-peer currency that's been gaining in popul...

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