Like many here, I'm very much interested in using Bitcoin (or any derivative thereof), but I'm not having much luck doing it locally. I need a fix to this problem, maybe BitPay Card.
I'm very much interested in Bitcoin as a pseudonymous, peer-to-peer transaction (i.e. cash) but equally important, as a firewall against the Visa/MC increasing power in the economy, regarding both central transaction processing AND the merchant fees. Given that, what is the argument for using BitPay Card? I don't see using it, per se, as consistent with the virtue of bitcoin, but I would be open to it, if it can be a springboard to greater adoption in using bitcoin.
The way I see it:
On one hand, using BitPay Card isn't really using bitcoin. You need to be verified to use it and it seems to be powered by Visa. As far as I can tell, it is no different that using the debit card that is already in my pocket. It's not really an alternative to Visa/MC. There is no real pseudonymity. Most importantly, widespread use of BitPay Card may actually obviate the need to transact directly in bitcoins.
However, a widespread use of BitPay Card gives more volume/heft to the underlying bitcoin infrastructure thereby providing a more solid foundation for the more widespread adoption of bitcoin: stabilizing the value/exchange rate of bitcoin, giving comfort to merchants in using bitcoin directly, giving comfort to employee/employers to pay wages in bitcoin, etc.
Given that, I still don't know whether to sign up or not. Is there consensus understanding among the bitcoin user community (not investor community) on the usage of BitPay Card?