[srdev]

It depends on a lot of other factors. Are my bitcoins on the card insured against loss or theft? Can I reverse the transaction if I get stiffed? If the answers are "no" and "no", then I'd probably still prefer my credit card for peace of mind. 3% isn't a huge discount in the grand scheme of things, and I get 1-3% rewards on my credit card for most purchases.

[ycombasks]

> Are my bitcoins on the card insured against loss or theft? Can I reverse the transaction if I get stiffed?

Depends. Are you using a service that provides it, and are you willing to pay for it?

[srdev]

I already pay for it one way or another (credit card fees, bank fees, fractional reserve, etc), so yes, if its affordable. Bitcoin currently has a dearth of such services, but competent companies (I consider literally none of the Bitcoin service companies operating at this time competent, btw) offering them would get me to reconsider using it

[ycombasks]

Cool. Bitcoin is still young, so there's a lot of room for growth. I personally think Coinbase is doing a good job (though having growing pains), and others are quickly coming to join in.

[deegles]

You can't do any of that with cash either...

[patmcc]

Which is one of the good reasons for using credit cards - when my wallet gets stolen, the cash is gone and my credit card liability is $0.

Bitcoin is very similar to cash in a lot of ways. This is both a pro and a con.

[lclarkmichalek]

I don't think the person you are replying to is talking about cash. Goalposts...

[srdev]

What does cash have to do with this discussion?

[baddox]

Cash is still an extremely common and well-accepted method of payment for brick and mortar stores, despite the fact that it (like Bitcoin) doesn't have all the consumer protection features of credit cards.

[srdev]

The context of the discussion was a bitcoin card vs a credit card. Cash has nothing to do with the conversation we're having. Don't move the goalposts.

But I'll play the moving-the-goalpost game. For in-person transactions they have some similarities. They both have no chargeback or consumer protections, but we're receiving goods immediately so thats not a very large issue. Cash is instantaneous, unlike Bitcoin. Cash doesn't have exchange risk. Cash doesn't have transaction fees, while Bitcoin does. So cash is actually superior for an in-person transaction.

If I'm going to do an in-person transaction and am not going to use my card, why would I not use cash? If I don't want to carry cash, why would I not use my card? And if its an online transaction, then chargebacks are definitely something I want, even with a trusted merchant. So whats the use case for bitcoin? The OP proposed one use case; I assume that there are people who find that valid. It is not a case that interests me, personally, and that prompted my response.

[mikeash]

Which is why I almost never make purchases with cash.