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💳Charlie Shrem Proposes Dash MasterCard:
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It would be super convenient to have a card that directly allows you to spend your crypto without a 3rd party really being involved. I'm fairly new to some aspects of crypto, so forgive me if I'm wrong in saying shapeshift would be considered a 3rd party, and the dash MasterCard would be more direct? Unless we consider MasterCard to be the third party. I guess that's dependent on their involvement. How much are shapeshift fees Vs this MasterCard, and what percentage goes to shapeshift, what % fee goes back into the particular crypto used, and what percentage would go to MasterCard? Those are all dependent on how healthy the relationship would be for the cryprocurrency and the means of conversion. You also mentioned in your video another card that directly converts bitcoin into immediately spendable money, but I'm not sure how effective that would be at this point with the block chain being so backed up, unless you did send large fees along with the transaction. I suppose the higher fees are technically good for the miners and for the network, but it's bad for the consumer. At least with current debit cards, the stores where they are used are paid for by the business where they are spent, whereas I'm assuming with the card you're talking about, the fee is likely charged to the customer.