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RE: Crypto Current Affairs—Bitcoin Payment In 260,000+ Japan Retail Stores Roll-Out Begins + Korean Exchange Bithumb Hacked!

in #bitcoin7 years ago

How would point of sale work using bitcoin...wouldn't it be too slow? Can you imagine going to the check out counter and having to wait 30 minutes for your payment to clear. Unless, they are going to have it work like a debit card?

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TenX already has a proof on concept for a crypto debit card. They work with Visa and Master Card to make the currency conversion in real time. There are a few videos showing it being used but I have yet to try the card myself so I cant say. Still an interesting idea and one that will be very exciting.

Interesting. That would be awesome when it launches.

It's very cool. I tried to get in on the ICO a few weeks ago but it sold out in seconds. I have the app and have ordered the card. Excited to buy coffee with crypto, even if just for the novelty.