According to Polygon co-founder Mihailo Bjelic, a novel scaling technique called zkEVM Rollups would enable Ethereum to outperform Visa in terms of transaction throughput.
Visa and cryptocurrency financial tech company BlockFi have partnered to release the Bitcoin Rewards Credit Card to U.S. residents in all states except for New York (due to regulatory restrictions) in spring 2021. The card will be issued by Evolve Bank & Trust, and Deserve will be a technology and program management partner for the card.
It’s about to get a lot easier to earn bitcoin thanks to a first-of-its-kind credit card: the BlockFi Rewards Visa® Signature Credit Card. While there are debit cards by Coinbase and Fold that offer bitcoin rewards, this is the first credit card that rewards you with the cryptocurrency, instead of points or miles.
Instead of earning traditional rewards with a cash back credit card, this card gives you 1.5% back in Bitcoin as you make monthly payments. That’s not the highest return on your spending available, but flat rewards can help you maximize every dollar.
There are several drawbacks to consider with the Upgrade Bitcoin Rewards Card, including the fact that 1. 5% back is a less than optimal rewards rate. There are quite a few rewards credit cards that dole out 2% back on everything you buy.
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