Automatic payment logic for Bitcoin and Euro balances (NFC/debit card)
complete
M
Marc
Short version:
The card automatically selects the payment method based on the current Bitcoin exchange rate: Below your cost-average price, you pay in euros, above that with Bitcoin — this is how you avoid losses and realize profits.
How it works:
The card automatically downloads payments depending on the current Bitcoin rate compared to your personal cost-average price (average purchase price of your bitcoins):
If the Bitcoin price is below your cost-average price:
Payment is made from your euro balance.
(This is how you avoid losses as you don't spend Bitcoins below their purchase price.)
If the Bitcoin rate is equal to or higher than your cost-average price:
Payment is made in Bitcoin.
(This is where you make a profit because you use bitcoins at a higher value than your purchase price.)
Michael Koslowski
marked this post as
complete
Michael Koslowski
Hi Marc,
Thank you so much for your detailed feedback!
We can understand that, of course, but no cards (digital/physical) with such functions are currently planned.
We want to be the platform for our customers to invest and build wealth with and through Bitcoin, less to introduce further payment options.
However, we would be very happy if you continue to use our service to invest in Bitcoin.
Thank you and feel free to get in touch with any further feedback!
M
Marc
Additional savings plan protection, which blocks a self-defined BTCStack, is necessary.
M
Marc
I think that would be an amazing opportunity for people like me, who are already all in anyway, to use Bitcoin in a simple and controlled way