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I just discovered an incredible feature from Aqua Wallets that's a game-changer for anyone looking to spend their Bitcoin seamlessly. Aqua now offers a Visa debit card that's topped up directly with ₿! This is a huge step forward in making ₿ more accessible and usable in everyday life.
Here's what makes it stand out:
No KYC Required: That's right! All you need is an email address to get started. No lengthy verification processes or personal information required.
Anonymous Spending: The debit card doesn't even have a name attached to it. This level of privacy is unheard of in traditional banking.
Intermediate Step to L2 Adoption: While I'm a big advocate for Lightning or Liquid as Layer 2 solutions, this debit card serves as an excellent intermediate step. It bridges the gap between holding ₿ and using it in the real world, making it easier for more people to adopt and understand the benefits of Bitcoin. This is a fantastic option for those who want to dip their toes into spending crypto without the hassle of traditional banking requirements.
Don't get me wrong, they have a lot of UI improvements to make. The UI currently is extremely rudimentary, but I'll give it a pass as it's still in the preview stage.
PS: I am in no way affiliated with Aqua.
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😱
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Hahahahah they gotta make money some how. It should be 0.1% fee
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And that ain't all, it's a dollar minimum. An espresso here costs less than a euro.
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Wow, good catch! That is a sneaky fee limiting use cases to $100+ spends only ((
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Yeah that is true. I didn’t even think of that. This is a terrible fee
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Well, there is cost to load because BTC/USDT conversion is done at shit instant swap rate...
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93 sats \ 2 replies \ @OT 15h
Have you used it yet? Some friends of mine that use Aqua wallet have been waiting for this.
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Yeah, I used it and it was a smooth transaction experience! I just realized the name in a credit card doesn’t matter, haha
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0 sats \ 0 replies \ @OT 14h
Interesting, I'm going to take another look and see if its available in my region.
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I've signed up and have been waiting. Is there any way to speed up the wait?
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Not sure, they open up tranches for preview invites on X. Keep an eye out there and DM the Aqua profile to get yours included
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Great, I'm on the waiting list.
Couple of questions: Does the balance in your Aqua wallet is the total amount you could spend with the card? Or do you need to move SATs to another place (custodial) in order to be able to spend from the card? Where does the card take the BTC price from?
Thanks
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You have to manually top up from either your onchain wallet or L2 wallet. You then have a visa debit card filled with that amount of money(minus fees and swap charges, not sure what they do in the backend). I'm not sure where they take the ₿ price from. How’s that relevant?
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Just to be sure how expensive is to use it. Maybe there is a small spread...
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Been on the beta waiting list for quite some time, but still did not get mine. What region are you in?
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stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.