Advantages of using a Bitcoin debit card
The pros are pretty obvious. Now, any place that accepts credit or debit cards will also accept your Bitcoin debit card, which means you can now buy virtually anything with Bitcoin. The debit company charges the merchants in their own currency and the charge will be deducted from your Bitcoin balance, which allows you to live only in Bitcoin.
For example, the Bitcoin debit card is like the travel check of the digital era. I always carry my Bitcoin debit card when I travel abroad, as a backup card in case my money is stolen.
Cons of using a Bitcoin debit card
Centralization is the biggest disadvantage of a Bitcoin debit card. In order to use the card, you must deposit money in your account with the debit card company. This means that you are giving control of your coins to a third party. This risk is reduced by not depositing too many Bitcoins in your balance. Basically, you must deposit only an amount that you can afford to lose in case of a hack. Also, since you are using the service of these companies, it has a price. This means that you can not ignore the fees charged by Bitcoin debit card companies.
