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The Chinese have outlawed Bitcoin mining farms, ConsenSys is on the look out for some more funding, Crypto.com makes 100,000 reservations for new cryptocurrency debit cards in EU and USA
Cryptocurrency news: The Chinese have outlawed Bitcoin mining farms, ConsenSys is on the look out for some more funding, Crypto.com makes 100,000 reservations for new cryptocurrency debit cards in EU and USA, North Korea has bitcoin stolen to the tune of $700 million plus, and Cryptocurrency exchange Binance has delisted Bitcoin SV on it’s platform, enjoy the show! https://www.youtube.com/watch?v=cCMmjwfycEM
The way that I understand this (very basic understanding) is that when you convert your Bitcoins to USD, this is technically income and taxes may need to get paid. I'm not really focused on that though, my questions is more along the lines of using a Bitcoin Debit Card to spend bitcoin directly with vendors. Example: I have a Shift Card that connects to a Coinbase account (I know, I know, I need to get away from Coinbase). When I swipe my card, am I converting the bitcoin to USD and thus need to pay income tax on this purchase? Or are they? Or am I spending Bitcoin directly and don't really need to worry about it as much? The laws on things like this seem to be very cloudy and I'm interested if anyone has any experience with this.
Recommend me a site where I can buy bitcoins via Debit card in the USA.
I was just finally verified through Bitstamp only to find out they don't allow purchasing of bitcoins via credit/debit in the US. Great. Coinbase is no longer available to me. Does anything else exist for this purpose? I'm beginning to think not because this isn't the first time I've run into this issue of not being able to buy in the US or my state.
Where can I buy bitcoin in the USA with debit card?
Hi there, I am trying purchase bitcoin with my debit card as my bank has ridiculous fees for transfers. I tried coinbase, but it seems to have been denied. I am assuming they don't allow USA debit cards, can anyone help me out?
There are a bunch of bitcoin debit cards out there, but the only two cards I'm aware of that can be used by USA residents/citizens are: 1.) Shift Card. Looks good, low fees, but I was banned from Coinbase so won't work for me. 2.) BitPay card. I have tried to order three times and they say it was mailed, but I never receive the darned thing. I don't plan on using it regularly, but I figure it would just be cool to have one. Any others I'm missing?
[uncensored-r/CryptoCurrency] Any credit/debit cards that can be used with bitcoin or other cryptos? I want one for the USA, I’...
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Top 5 Crypto Debit Cards in 2020 #debitcard #bitcoin #visa #mastercard
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