
Einführung der ersten Kreditkarte Argentiniens mit Bitcoin als Sicherheit
Lemon Exchange launches Argentina’s first credit card backed by Bitcoin

Einführung der ersten Kreditkarte Argentiniens mit Bitcoin als Sicherheit
Lemon Exchange launches Argentina’s first credit card backed by Bitcoin
3 Kommentare
tldr; Lemon, Argentina’s second-largest cryptocurrency exchange, has launched the country’s first credit card backed by Bitcoin. The Visa card allows users to access peso credit without a bank account or credit history, using Bitcoin as collateral without selling it. Users deposit 0.01 BTC as collateral for a credit limit of $1,000,000 pesos. The card supports over 30 cryptocurrencies and offers commission-free purchases. Maintenance fees apply but can be waived with sufficient spending. Lemon aims to make Bitcoin a practical financial tool.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I would never use my BTC for paying honestly, maybe some stablecoins.
But I guess fiat isn’t exactly the best thing in troubled countries like Argentina
Nothing says currency / asset / sov (pick your narrative) of the future like one of the world’s most disastrous economies launching a credit card backed by it.