
“Bitcoin, the peer-to-peer currency that’s been gaining in popularity, appears to be getting ready to take the leap from the digital world to the real world. Exchange service BitInstant is creating a Bitcoin-funded card that would function as a standard debit/credit card and would be honored where ever MasterCard is accepted. The card might launch within the next six to eight weeks. The cards would be issued by a ‘major international bank’ with which BitInstant has partnered and funded at a rate of 1 percent, Shrem said. Transactions of less than $1,000 will be funded after the first confirmation.”
http://news.cnet.com/8301-1023_3-57497014-93/bitcoin-based-credit-card-reportedly-due-in-two-months/
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