The problem is that most people who find themselves in need of Bitcoins for the first time need them immediately. Having to wait several days is a deal killer for many people in this position. That puts a huge damper on new adoption.
Lucky for coinbase is now prepaid credit cards you buy in stores have an activation delay for unknown reasons, here it is a 3hr delay and they don't bother telling you except for tiny fine print, and everytime you try to use it before delay is up, it resets all over so seems like your card never works.
So if people are still buying PPD cornerstore visas then they'll wait for bitcoins, especially since bitcoins are used for niche items like drugs (lol), VPNs/hosting, speculation or cheap remittance
Comments
Isn't that like most credit cards, bank accounts with online banks and creating a 'link' between bank accounts you own already at this point?
The problem is that most people who find themselves in need of Bitcoins for the first time need them immediately. Having to wait several days is a deal killer for many people in this position. That puts a huge damper on new adoption.
Lucky for coinbase is now prepaid credit cards you buy in stores have an activation delay for unknown reasons, here it is a 3hr delay and they don't bother telling you except for tiny fine print, and everytime you try to use it before delay is up, it resets all over so seems like your card never works.
So if people are still buying PPD cornerstore visas then they'll wait for bitcoins, especially since bitcoins are used for niche items like drugs (lol), VPNs/hosting, speculation or cheap remittance