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Posted on 03/21/2014 1:02:02 PM PDT by Errant
Notoriously tight-lipped bitcoin exchange and CoinDesk Bitcoin Price Index member BTC-e is now allowing customers to withdraw funds to Visa and MasterCard debit and credit cards, with some exceptions.
The company blog post, issued on 21st March, indicated that the new program is now available to customers in any country, using any currency. All customers will pay a 5% fee for the service.
The new functionality is noteworthy as it will allow customers to send money to debit and credit cards issued by two of the largest and most commonly used international card issuers. At present, the transfer of funds is only possible in US dollars.
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Ummm ... talk about “highway robbery” ... good grief!
5% is a pittance for being able to anonymously receive and access cash currency from anywhere in the world.
Pretty steep alright (%5), it’s the convince you’re paying for. Makes Overstock and TigerDirect that more inviting, pricewise.
Bitcoin is not anonymous.
Ummm ... well, come to think about it “money laundering” is pretty expensive ... LOL ...
“Bitcoin is not anonymous.”
Only if the user doesn’t take proper precautions.
It is far more anonymous than any other bank or electronic transfer system.
I wonder if we started a rumor that the Koch brothers were heavily invested in bit coin, if it would crash the system over night.
use a credit card to withdraw your funds... and put a name to every transaction you’ve done thru BTC-e
there should be shops popping up providing exchange services to and from gold and silver
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