Using Blocktrades, Bitcoin cash and Bitpay Visa debit card I am able to convert $29.30 worth of SBD (or steem) for just 5 cents! When I was using his same method last week it was down to 1 cent or even 0 cents, which really surprised me, and now that more people are using Bitcoin Cash the rates are going up but it is still just 5 cents so no one minds! This is how Bitcoin used to be, and even thought Bitcoin fees are just under $1 now and are also very cheap, using Bitcoin Cash like this to cash out Steem Backed Dollars or Steem is very convenient for new users who just need to take out small amounts of money from their steem accounts. This makes steem much more"real" and once we have a network of worldwide steem users doing p2p cash outs like with @paywithsteem 's amazon card p2p marketplace by @btcvenom and the Ghana mobile Money exchange @yensesa by @black-man , once these sorts of systems are in place we can actually promise steem users from all over the world the ability to easily cash out without needing a special Debit card or paper work. Eventually people will accept direct steem payments from phone to phone as more preferable to paper fiat cash, the culture is changing and people will one day expect you to pay extra when using Cash, and you will get a discount for using crypto!
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It wont be bad to be having such a technologhy for money withdrawal here in Ghana..Africa must needs a great revolution.thanks for this @ackza. Good to see you here my bro @samest
Thanks bro. Everywhere is our home
One love brother @mcsamm
If steemit can give us that option of withdowing directly to and from steem to avisacard. With out middle man it be the most used in uganda.
Thats so true @battebilly
One day I believe they will think about it!
Yes you need to use the Ugandan Knuckes meme
You need to make @dtube videos like "I am here in Uganda home of the Ugandan Knuckles Meme! Where we KNOW da WAY! Do You know da way?
And do the whole Do you know da Way meme with @steemgh he wil have fun with you making those memes man!
bitpay scrvice really amazing
It only gets better and better as we move forward my Brother @ackza. Always POSITIVE we have no Time for Banksters or Negativity.........
bitcoincash market now totally too much down!
Let's see how much its going on!
The market is expected to be settled within a few days, but if we continue to do so, we will have to stop investing in the stock market.
Sir, I am living in Pakistan and a huge money goes towards the middleman when I have to withdraw money.
Instead of trying to cash out your BTC, you must see it as you yourself selling Bitcoin to someone who NEEDS bitcoin
Don't go to someone ready t take your money, go take your Bitcoin to someone who NEEDS ita nd is ready to PAY you not TAKE yor money :D
Get the SME thing wth cash! When you neeed to BUY bitcoin see yourself as having CASH ready to Cash someone Out who HAS Steem or Bitcoin who needs cash!
THIsis your problem! Make your own Localbitcoin.com account advertise your service don't use the internal wallet with escrow etc unlessu nwant jju do small amounts cash for Steem like just a few hundred rupees worth at atime, justs mall, you will be fine, peer to peer trade, just find people with SBD andbuy up their SBD for like 10% and give them cash you take the BD and collect crypt up cheao when its ow likthis sell it for BTC and sel the Bitcoin for 10% and be Cheapr than all other dealers around you too, advrtise you are service as someone who will send Fiat over Text like you cando in India, like with Xapo, for SBD or Steem... Man you can become you are own dealer
My money is also in bitcoin wallet anf i wanted to cash out but bitcoin rates have really gone down
@ackza i am thinking if this bitpay visacard can work in nigeria. We in nigeria has no atm for bitcoin and this is suck really... It is be cool to see bitpay web transaction fee drop like 10 or 5cents too.
Cool transaction and cheap mehn
Crypto is taking over. The charge is low though but sooner they will all buy the idea of Steem free transfer without having to go through any middle man.
I love the power of cryptocurrenncy. It is becoming cheaper to do transactions day by day. Thanks for sharing @ackza
It will be very nice Ghana can develop such a technology. This help to minimize the cost involve in transactions. Thanks for sharing.
Brilliant post
Please do not leave two word comments, these look like spam, you need to pease make more of an effort! This blockchain is not free! It costs money to make these posts, don't waste the eletcricity they have to pay!!! :D
Nice photo @ackza
Thank you but please dont leave short comments witg two word, you will get swept up with a ll the spam
you must leave at least ones entence of at least a few lines , we can't have the short 2 oe 3 wodomments, theres too many spam bots to flag so its hard for us when you leave shortmesages so if you are a real humab please reposnd with a lonegr coment, becauseotehrwiseurlow repuattion makje me thik your a spam bot? Sorry if you are real but you have to derstad what the metrics say! I spen a lot of time ob steem abd my metrics arent low like yours, never note ven when I joined, so you must have been doing something wrng to get such a low rep! Please don't leave shrt messages! P[eopel will think you are a Bot!
sorry I was recently in steemit so do not understand steemit neighbor