The Arcane Bear
Part of our adventure here is sharing with the community what its like to actually find active ways to live with these new technologies. Its part of our mission statement. Share information. We recently signed up for the Wire X Mastercard. Which allow you to load a card with Bitcoin. Well I know it says Steemit, stay with me. What I did today was trade 15SBD through bittrex.com into BTC than onto my Wire X Credit card. Simple process, all in all took about an hour with the Bitcoin verification. We lined up payed and once the transaction was sent through Wire X sent me a verification of the spend in the local currency than its conversion to my card. They have three options of EURO GBP and USD Plastic and Virtual Cards!
** We dont suggest spending your bitcoin or steem, but we are earning it regularly enough we figured its worth the experimentations! We hope you think so too. Please upvote and Re steem
**Here we are though, picture this, in the jungle, a local health food store buying groceries for the evening with the help of Josue and our recently earned Steem Dollars. AMAZING , GENIUS!
This Was just a test, I wanted to prove that this worked, that it easily worked! I have all my paper work in check and clean cables, so perhaps I am being biased. I can already verify my accounts ect. I have that documentation. For those that don't, its a different story. These companies have to react to KYC and anti money laundering regulations.
Arcane Conclusion
We entered a breif conversation with the folks at the grocery store to share with them what We were doing there. They we excited to be a part. On their way homes later to sign up I am sure! The difficulty will still lie in regulations for those who cannot enter the market. But, they can trade and at least earn themselves a space in the new community forming for the future of money! We are so excited to check out all the new ways we can build community and business with these new Fintech treasure troves!
The Mastercard Low Down... Wire X~
If you are interested in the Mastercard we used, please refer to our review and sign up links. Get 25% off the purchase of your first plastic card when you sign up thorugh our links! Virtual cards are free and work with paypal!
Wire X Mastercard: http://arcanebear.com/our-first-bitcoin-steem-ether-and-every-other-cryptocurrencies-mastercard-pt-1/
