Our CEO and Founder Zac Prince sat down with Cheddar to talk about our Bitcoin Rewards Credit Card that will be launching in 2020. In the conversation, he touches upon functionality, availability, and why he’s excited about the card’s launch.
- First of its kind. There are debit cards in the space, but no bitcoin rewards cards.
- With the credit card you spend in dollars and receive bitcoin as a reward (similar to cash-back and credit card points).
- You don’t spend your bitcoin. (You won’t be the bitcoin pizza guy.)
- The bitcoin ‘cash-back’ rate will be competitive with the rates of prime cards in the market.
- We’re excited to be a market leader with this credit card in a similar way to what we’ve done with our whole suite of products.
- Products like this stand to drive the price of bitcoin higher over time.
- We look forward to rolling out this credit card in the back-half of this year.
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– The BlockFi Team