We should create steemit debit cards for incoming users, or offer to refill prepaid visas they can buy, when they send us steem or SBD! There are so many ways to convert steem to Cash orDebit Card, even Prepaid!
using bitcoin is scarey to many people! There are going to be new steemit users who only use steem as their ONLY cryptocurrency Many users here can confirm that they still have nevee used bitcoin or ethereum and only use steem!
For many of us who already have a BitPay debit card, we are ahead of the curve! We should still remind beginners here that they need to order a bitpay debit card ASAP from http://www.bitpay.com/card and to just spend the $10 one time fee to get a card with their name made and sent to them in the mail! Once you have this card, everything else is extremely easy AND only takes minutes to convert Steem or SBD to BTC to then convert to USD and then cash!
(if you are not in the US you can try toe Monaco Card or just Google a Bitcoin Debit card that works in your country! )
And now it should be more obvious, once you understand BitPay debit cards, how easy it really get a debit card, and load it with cash (or bitcoin! and when u see how easy u can convert steem/SBD to bitcoin, it all makes sense!) You just need someone who can buy those prepaid debit card reloads or access to a 7/11 or CVS or liquor store that sells them OR their own debit card and bank account with debit card to buy a reload online!! It took ME a while to realize all of this too! And of course people just let each other take the more expensive route and get jobs taking tolls! (ok metaphor? ) Remember those American Express Serv Cards that offer free serv card to serv card transfer of money? That could come in handy!
So don't be ashamed of not understanding something as popular and well known as a debit card, but the debit card and prepaid system has been around longer than bitcoin and is well established, but bitcoin will replace it and one day we wont need any plastic card but until then we should be as integrated as we can with the current system that allows money to change hands digitally! honestly its just a matter of having cash to reload prepaid debit cards and Bitcoin is cash!
And so loading a debit card with cash should be simple and easy! Anyone can do it at any 711 or CVS an it seems every corner store now sells prepaid debit cards! And now with this new Shapeshift API to reload debit cards its now possible to Load a debit card with altcoins! the shapeshift APi sells the altcoins for bitcoins and then sells the bitcoins for dollars, giving you digital dollars, hehehe ironic, but still useful! Funny how many scams there are with prepaid cards! And we all are aware that credit card numbers are stolen and used everyday! Identity thieves literally look for people who spend so much money on so many small purchases that they wont notice a few dollars here or there, and they steal a few dollars a day from thousands of people! Funnel the money from prepaid to prepaid!
(Notice that this is just a blank card probably has no magnetic strip, but its the future! Just has your deposit address on it! Anyone can make this if you just have a bitcoin wallet! But This should be combined WITh the real working debit card LIKE a bitpay debit card! Your bitpay bitcoin deposit address should be printed on the bitpay card with the QR code on the card too so even if your phone is out of batteries you could always receive payments or let someone scan your address etc!
People even launder money this way even! But just because you CAN use this for bad doesn't mean we should just ban it all outright! You cant ban prepaid debit cards! You just cant! Not everyone has a bank account! Steemit replaces even bitcoins power and with this possible new service I have proposed to have Localaltcoins.co and have a localaltcoin website to allow people to buy and sell Ethereum! Ethereum will overtake bitcoin soon and we should get read with ethereum to steem markets like poloniex already has!
And EOS will allow steemit to do things ethereum can do, right? Possibly? Or at least we all can hope for EOS steemit integration as I feel theres alot of EOS people here?
We should all be thinking of ways to mix ethereum and steemit!
(I am sure most LocalBitcoin Dealers who are SMART will just sell ethereum and litecoin and steem and offer to buy and sell all altcoins if they are going to buy and sell bitcoin! Why not do them all? I just met a new local bitcoin dealer who gives e bitcoins at FIVE percent! Thats it! any amount! and when its under five hundred dollars its a flat $25 rate! and converting bitcoin to altcoins or altcoins to bitcoin is a usually just simple .15% to .25% fee on bittrex or poloniex! But now with shapeshift is even better and cheaper and faster and we can build a whole steemit debit card program!
We could even make our own blank prepaid debit cards and get a letter imprinter an imprint someones name onthe cards and everything! OR just have someone buy a prepaid GreenDot type card that gets sent to the for five bucks an we just load up their greendot or ANY prepaid debit card they already have!
We can reload ANY debit card with this program! So we can build a private system to make it even MORE user friendly and just allow people to send steem and type in their card number and it will reload it for them when they send us steem or SBD!
Its all here on the shapeshift blog! i just google searched "Load debit cards bitcoin" and BOOm found this!
https://info.shapeshift.io/blog/2015/11/25/load-prepaid-debit-card-or-bank-card-35-cryptocurrencies
Just look at this amazing service!
"Just another happy ShapeShift API integrator! Load Debit Card is a debit card loading platform that allows users to load any prepaid debit card or bank card in the world using 35+ cryptocurrencies. Not a bad way to use your altcoins to load debit cards that can be given as gifts to friends and family this holiday season!
Load Debit Card boasts as the first and only debit card loading platform in the world to implement fully API system integration with the ShapeShift API. The website can load just about any Visa or Mastercard on the planet (THE PLANET). The Company can load:
Cards issued from your local bank, we can load Visa logo cards, Mastercard logo cards, reloadable prepaid debit cards, mango money reloadable prepaid debit cards, and just about any other prepaid reloadable debit card that has a Visa or Mastercard logo worldwide.
We are pretty excited to see this integration in action! Learn more about how you can load your cards on their site with any of the altcoins ShapeShift supports HERE."
WOW I was thinking it, and I searched it, an I found that it already haopeninG!
Now that shapeshift has steem u can load any debit card with altcoins! EVen your bank ATm card! Any visa or mastercard!
Steem is almost inthe toop 10! Its under bytecoin at #13!!! Look at our marketcap for crypto currency!
Its 111 Billion now! five days later! At this rate we will be in the trillions by next year, and steem over half a billion! steem marketcap will be in the hundreds of billions as will ethereum because guess what? Facebook and AMazon are 200 and 400 BILLION dollar companies! You really think these crypto currencie and their infrastructures arent as valuable if not MORE? money is VERY valuable oon its own as a tool! It has power and a mystique!! And you can use large amounts of money to motivate humans to do all sorts of amazing things! yes the Money itself is valuable, not just a store of value, and bitcoinand steem change ALL of that!
and yes financial markets HAVE values themselves! Total Business Wealth is estimateed inthe 200 to 300 TRILLION dollar range for the whole earth, and then QUADRILLONS its the deriavtives markets! But those will default and deflate, and people will get screwed, real estate large amounts of assets will change ownership but wars will be started to get shit back when people get screwed over at very high levels! Gold will be seized, we will have another big financial collapse like in 2008 but it wont be that bad for us!
COULD YOU IMAGINE IF BITCOIN HAS BEEN AROUND DURING THE 2008 2008 FINANCIAL CRISIS!?!
Is Bitcoin a RESPONSE to that Crisis???
Imagine during the last minutes of the fiat paper dollar empire, its a few years from now and people are converting the last of their fiat money into crypto, the crypto markets are in the trillions of dollars! Noone has ever seenthis much wealth concentrated into one handful of assets like this, especially because its all public, and fully auditable, people can see how many bitcoins or ethereums there are in existence unlike with paper dollars theres no way to know! Or Gold! Just estimates!
But with crypto you know exactly how much there is an that is a HUGE benefit! It brings alot of stability more than youd think! What cryptocurrency STABLE? haha YES the price HAS gone UP overall so look bitcoin may seem volatile but who cares if it goes up or down in the 100 to 1000 range if you bought it at $10! as long as that bitcoin is worth more than$10 US paper dollars, then you accomplished your goal of RETAINING the value of those 10 dollars! Those same ten dollars will be worth alot less due to inflation! And bitcoin beats inflation AND it beats the stock markets! Its increase is just a bonus!
The whole point of using bitcoin is just too use it like a bank account, an just have your money in ANOTHER form! its notr investing i tell people its not like buying stocks because you cant use stocks as money, its like BUYING a NEW better form of money! its like buying money with old money! Almost like trading dollars for yen or dollars for euros but there is no risk with buying bitcoin or etherum or steem now! They will retain their value!! How could they go DOWN in value after all of this work and effort and PEOPLE being invested in it just for the POLITICAL reasons!
hahah our little measly purchases for drones and drugs and whatever other crap we all order off amazon, well our transactions with bitcoin and ethereum and Steem SBD all showed the business world what we were made of, an dont be surprised when a company just joins steem for the EASE OF USE of steemit and the steem blockchain!! Because getting a business setup with bitcoin is super difficult! And its actually IMPOSSIBLE at the moment to run an online store with a cart that uses just bitcoin!
The transaction fees are just too high and slow thanks to greedy assholes over at Bitmain so lets exploit this crisitunity and promote steem and steemit as a way for a business to connect with users AND sell to them AND to promote products and have an online store using posts and comments as listings that they can even make extra money off!!! Imagine if an Ebay listing could make money just from the post itself and ths comments people left to ask questions about the product etc!
(Here is an example from @msutyler 's Post on SteemMarket but this is just through sharetribe and soon we will have a real steem market system thats actually on the steem blockchain and actually just use steemit posts as listing and conduct sales just right over steemit! People might need a steem wallet to send you steem which is why we need to encourage the links that allow anyone to use a debt or credit card to buy steem! Which we do have!)
https://steemit.com/marketplace/@msutyler/announcement-steemmarket-introducing-a-marketplace-to-buy-sell-and-rent-goods-and-services-with-steem
I can see a massive future for steemit and online retailers especially when we have a built in steemit store that showed up in your profile or maybe we can just link to a special separate steemit store someone can build to be a sort of add on ChainBB or steepshot, we desperately need a sort of online retail marketplace withinsteemit so any account can list stuff for sale as a post but keep the posts listings organized in their "store" section
And ethereum is even more intimidating as just the word smart contract confuses people and even the ethereum addresses SCARE people! And sure ethereums many applications will become very user friendly and so far myetherwalllet is very nice and being able to store EC20 tokens in any ethereum wallet is an incredible advantage for ethereum based statups which use the EC20 tokens! People are much more likely to buy if they can use their existing ether wallet!
EVen BitWala offers a ebit card service with an easy to use steem reload but now here is another way you can do it!
https://steemit.com/steemit/@teambitwala/bitwala-is-now-accepting-steem
And here is a great article from @dvaryani that deserves alot more attention where he proposed a steemit labeled debit card and app which we can now create using the shapeshift API, we could package it all into an app that lets you send it steem or SBD, auto converts the steem or sbd to bitcoin using the shapeshift API which ALSO reloads ANy debit card even prepaid debit cards!
https://steemit.com/steemit/@dvaryani/steemit-debit-card-please-suggest
So just make sure any newcomers know that if they needed to they could both pay for steem with debt card, or they can sell their steem, and have money go onto a debit card! We should all be doing bitcoin for cash or prepaid debit cards and AVOIDING coinbase and bank accounts to AVOID the IRS!
(Begin my passionate angry IRS rant)
Avoid IRS by avoiding Coinbase & Bank accounts! Whats the POINT of us using our OWN system if we just beg for the criminals who owned the LAST system to steal from us?!?! taxation is theft period. Schools and Bridges can be built and are built from government loans and tarrifs, we need to conduct civil disobedience by just making sure there is nothing to report! Its our bitcoin its our cash its not theirs to tax!
You can totally avoid taxes, dont you know that darknet drug dealers dont ever pay thee IRS? haha I use that example and its almost as good as my answer to fools who try and tell me bitcoin is what drug dealers child pornographers and criminals use, and I tell them they also use the US dollar, terrorists use US dollars, should we not use money because bad people use money? Its basically the same argument with gun control, but now we can build our own guns with Polymer80 Jigs or order guns n the darknet with Monero! Sorry for getting political here I dont want anyone getting in trouble for not paying taxes but hey when I even make enough to pay I will explain how If I dont Cash Out and keeep all my money in steempower there is nothing TO py, what are you saying I will have to power down very year and pay the IRS like 30 percent of the money in my steemit account? and then what do I have to send the IRS steem?
Or are they forcing me to sell it on the open market at an exchange now?!?! hat happens if the exchange rips me off? Do I still have to pay? What if i get a bad price while I exchange the steem? is it still capital gains See how ridiculous this can become? Crypto profit is still crypto 1 bitcoin is still 1 bitcoin just because the US dollar is collapsing in value an all fiat paper is less and less valuable every year doesn't mean I have to pay the IRS hah AND this is our chance for mass civil disobedience!We should ALl refuse to pay! they can NEVER take down the steem blockchain! ChainBB just added ability to claim rewards! Sending and receiving steem even if steemit.com is down is totally possible even right no without any changes! WE WIN!
(End IRS rant)
This is what I tought today when ordering my BTC debit card. It's going to kill me in fees but that is the cheapest way. Resteemed and Followed!
you ought to make that IRS rant a post of it's own ;> I'd vote for it
I just posted about using the BitPay card to cash out my ill-gotten Steem, but I am liking this concept of ShapeShift API, and I'll have to look into it.
I think whoever gets in on the ground floor of issing a Steem/fiat debit card is going to be very rich in the future.
Good article!
I agree with you
i was scared to even post it...i dont want to ruin this party by eiing the guy who draws irs atention....because why get mad about the irs auditing steemit when they havent ve asked us to pay yet But its only amatter of time!
But see when you start making millions u really dont mind paying some taxes, but wen u find out how much they want you to pay, its ike you think to yourself, What was the whole fucking point of even saving up all that money if i have to pay the irs HALF?
And honestly if you hold Monero XMR or Bytecoin or PIVX you can be safe with the fact that noone can see how much you have!
and if you just claim to donate all your steem to charity, and just send it to some fake charity that you own, i meanyou could even do that LEGALLY if u just set up a bad charity like SO many do to avoid taxes!
i mean honestly the rich find ways to avodi taxes legally anyway so we should be no different,
AND heres ANOTHER thing to think about! If you won a bunch of money at a casino but then immiiedtaly lost it all at the roullete wheel betting all of it, you dont have to pay any taxes, because 1. how would you even pay taxes if you lost all the money and 2. it counts as a loss, and people count their gambling losses to balace out any new gains! many do this! and they lie!
imagine u setup your own bitcoin casiino, and u loose mony to YOURSELF but report it on your taxes! HAH
or OR IMAGINE if you do THIS u make millions in bitcoin but u simply give it away OR u DESTROythe bitcoins by destroying your private key walet or send it to one of the any Known DESTROY bitcon addresses which re known to have no private key! some generated without ever having a private ey so u knwo for sure noone can ver get them! so u can basically make it so your bitcoins can never be spent again! thus destroing the bitcoins AND making alll the rest of the bitcoins that much more expensive especialy if you report that you did this!
So if you just FAKED a bitcoin destroy , and said to the irs oh yeeah I fet immoral and guilty about my use of bitcoin, say u didnt believe in bitcoinand so u destroyed the bitcoins, that is a loss, but u secrety sent the bitcoins to your OWN address, see, they cant really audit this, even if they did theres ways you could do this to trick them and make it so theyd nver know
do u really think the IRS will audiit the entire blockchain even if they do they can never match btcoin addresses to any names for most of them ! Anyone who never makes a conection or association with their bitcoin address wil end up never beiing associated iwith it! and with Monero PIVX bytecooin its a whole different story, theres NO way the IRS could EVER find out ANYTHING about Monero or Pivx or Bytecointransactions unless they rented out the entire ethereum network and powerful AI to anaylyze the Monero or pivx or bytecoin blockchain for years just to find out about ONE transaction!
But I dont want to make the whales mad, the whales dont want to get their ases inANY sort of legal trouble!
I will be writing some going Galt posts in the future ;>
exactly. I don't post any illegal stuff myself
I wouldn't worry about making anti-government comments, but then again, if they havent already arrested me, Im on somebdoy's list already LOL
This post is great for a noob like myself. I am still trying to hit my butt with both hands. Thank you for taking your time. I made a bitcoin account and I am going to get one of those bitcoin debit cards. I am looking forward to making the video where I pull out my steem card and get some US dollars to buy my kids some ice-cream when we walk down the boardwalk.
Are there bitcoin debit cards around
BitPay
https://steemit.com/steemit/@stevescoins/steemit-bitpay-and-my-happy-dance
yes listen to steve! and iff IF you alreayd hapen to have a coinbase account u might as well get their official Shift Payments BT ddebit card that can just take money right out of your coinbae bitcoin wallet but i hate coinbase and hve only heard about people having TONS of problems with shift payments card by coinbase so GO with bItpay i have one and never had a problem, it lets me use bitcoin to buy anything ibuy groceries and foood with it all the time at places t hat ont have any idea about bitcoin! u just "top off" from ur bitpay bitcoin alllet to your ddebit card account alll using bitpay app its reallly cool and Trace Mayer is somewhere behind it he is inveestor inthem and bitcoinamrory and Kraken hes a bitcoin master u should listento @tracemayer hes also on steemit! and is a whale
ya im glad i reposted some of this info and posts i found about this because they were old and not everyone knows about the oler steemit posts unless theyre using the new beta.chainbb.com anthats only for the new subforums they added for steemit posts there (u login with username and ur POSTING key which isjust one of ur four passwors used for just makin posts not for sending money, so u het that i ur wallet> permissions page
And i guess i could have mad eit more clear to noobs that there already is a bitpay debit card already working just order one its $10 in bitcoin! and then it arrives at ur address and u can activate it and load it with bitcoin! just use the bitpay bitcin allet for whatevr bitcoin u wana use n the card and in bitpay appp u can just senmoney from the bitpay bitcoin wallet right to ur card as USD at a VERY low fee!
anyway ya u will REALy enjoy knowing how FAST u canconvert steem to BTC and then send the BTC to ur bitpay debit card......
Also need to push more places to hold and exchange Steem.. especially specialty foreign exchanges... and Shapeshift does not directly support Steem... we should push for them to support it.
well I do believe shapeshift did support steem at one point but took it out cuz it was so rarely used? but they DO have sbd and steem somewhere because of this APi and teh article i coul have sworn i sa something HERE look https://steemit.com/steemit/@shapeshiftio/official-announcement-shapeshift-has-added-steem-to-the-exchange
Did they go back onthis ? I think they did right they adde it but then took it off cu of inactivity?
Maybe so ... its in the API but flagged as unavailable
![](https://steemitimages.com/640x0/https://shapeshift.io/images/coins/steem.png","imageSmall":"https://shapeshift.io/images/coins-sm/steem.png)
at...
https://shapeshift.io/getcoins
However the rate call in the API gives a close to current market price... I might try to place an API order later and see if it rejects it.
Last several times over the previous month I tried the regular webpage a search for Steem returned nothing.
I thoroughly enjoyed your rant and couldn't agree more. Way to do a lot of work and research on how this can truly give economic emancipation to every person.
Great post, nice analysis of the current situation, Upvoted.
omg finding s canadian exchange is hard this is something i would sign up for in a second !!!!!
What an excellent post, thank you for taking the time to write such a detailed post.
Thanks so much for this... so many possibilities lie ahead as cryptocurrency becomes more mainstream. I'm still learning and you've really showed me some powerful possibilities that the probable near future holds. Totally agree with you about the money laundering or dirty money deals aspect of things. Bad people do bad things with all kinds of currency! Interesting how some people try to label things. Upvoted and following you, appreciate this!