BitPay, which calls itself the world's largest provider of Bitcoin and cryptocurrency payment services, today announced that its BitPay Prepaid Mastercard is now compatible with Apple Pay for purchases in stores, in apps, and online. BitPay says support for Google Pay and Samsung Pay is planned by the end of the first quarter.
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U.S. cardholders can add the physical or virtual versions of the BitPay Prepaid Mastercard to Apple's Wallet app and start using it immediately.
With the BitPay Prepaid Mastercard, customers can instantly convert cryptocurrency into fiat currency, which is then loaded onto the card and can be spent anywhere Mastercard debit is accepted around the world. Customers can also use the card online for purchases and to withdraw cash from ATMs, according to BitPay.
To add the card to Apple's Wallet app, cardholders need to have the most recent version of the BitPay app, 12.1.0, which should be rolling out on the App Store today.
Top Rated Comments
It's a very volatile investment, and regularly using it as a payment method like this is questionable from a financial perspective; you are better off buying/selling big depending on the market, rather than using it as a regular transaction account.
Also, proving your point is very easy. Simply show a BTC address, followed by a signing key (which you can obfuscate but show just enough to prove you own the wallet). Even better, if you don't want to show any sigining key, simply transfer a trivial amount of BTC from one wallet to another, then show the transaction log. Otherwise, you are simply just making something up on the internet to sound bad ass.
The burden of proof is on the claimant. There are too many people on the internet that say things that aren't true as-is. Also, no need to say things like "I guess you're used to being lied to. You might want to find new friends." when someone is simply trying to fact check. I have plenty of good friends, thank you very much.
I'd just like to point out that everyone that ever bought and held Bitcoin is in profit. Some of those people would like to keep holding, others might like to spend some. It's nice to have options.
I truly do hope that Apple gets involved and integrates secure BTC / ETH / etc. support into their wallet app.
Crypto currency is the future. It's never going away. The critics here just don't understand the potential... and that's fine. They'll eventually end up using it whether they like it or not and maybe without even knowing it.
Those of us that know what's up are enjoying the ride. And those of you that don't will continue to call for its death... and we know how well that'll work out for them in the end.