Every time a new crypto card gets announced it's the same playbook: convert your crypto to fiat, load it onto a prepaid card, complete KYC, wait for approval, then spend like a normal debit card.
Its like you're not spending crypto. You're pre converting it, locking it in a custodial card account, and hoping the company doesn't freeze your funds or add random fees later
The whole pitch is 'spend your crypto anywhere' but really it's different
This is literally the opposite of what crypto payments should be. Am I missing something or are these just banks with crypto branding? Feels like we're adding complexity instead of removing it
Most crypto cards are just glorified prepaid cards but worse
byu/Dry-Saalamander inCryptoTechnology
Posted by Dry-Saalamander