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BitCoin debit card to launch within next two months

posted onAugust 21, 2012
by l33tdawg

Those of you who have been around the Bitcoin block a time or two have probably heard of, and even used, BitInstant. BitInstant is a service that provides the ability to transfer funds between Bitcoin and governmental currencies much more quickly than would otherwise be possible.

They're also well known for certain transaction types not offered anywhere else, such as the ability to buy BTC with cash at thousands of locations across the United States, and the similarly unprecedented ability to withdraw bitcoins to scam-laden PayPal.

A few hours ago, Charlie Shrem confirmed in a conversation on IRC that they're 6 to 8 weeks away from launching the biggest Bitcoin breakthrough in recent history: A bitcoin-funded international debit/credit card.

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