FYI - Load Up Your Crypto Debit Cards Now Before BTC Hardfork
With the coming Bitcoin Fork the crypto Visa and Mastercard will be freezing the Bitcoin wallets until things smooth out.
I got an email today from Cryptopay.me which is the Visa debit card I use Bitcoin with. I am not sure how the others work but I would guess it's similar.
Here is what they told me
"Hi,
The SegWit/Soft Fork countdown has begun and the whole Bitcoin community is preparing for the ensuing protocol update on August 1st.
What does this mean?
The Bitcoin community (miners, main holders etc.) has developed two possible scenarios to increase the network efficiency. All of them assume that Segregated Witness will be adapted. You can read more technical details about the possible outcomes of both scenarios in our recent article.
As usual, we take the safety of your funds as our top priority. Therefore to protect them, we're going to suspend all bitcoin deposits and withdrawals on 31 July 2017 at 23:00 hrs UTC.
Cryptopay will become fully functional when we deem it completely safe."
-Cryptopay.me Management
With Cryptopay.me I send BTC to my account wallet there. Then I convert it to to the type of currency I need to use. Pounds, US dollars or Euros. I convert it using their exchange which seems pretty fair. Once it is converted in US Dollars I need to transfer it to my card. It is no longer BTC it is cash money!This is all done with just a few clicks and in no time at all.
If you you didn't get the message please load up now or you might be shift out of luck in a few days until who knows when. Probably not long as I hear many expect but still could be a rough few days if your card is empty.
So this message was just a heads up.