Great Concept. Expensive. Not secure – BitPay - Bitcoin Wallet & Card Review

I signed up for the card and received it in the mail quicker than I expected. I loaded bitcoin and converted to cash rather easily. Had no problems with purchases or at the ATM. The BitPay platform is a little clumsy and I’ve been have trouble correlated the app with the website. The biggest negative is the extraordinarily high fees to transfer money into you bitpay wallet and then you have to pay again to convert to cash on the card. Seems like double dipping. This is clearly early in the life of this technology and currency. Hopefully they clean it up a little and make it cheaper and faster. It’s the only way they will ever get to truly compete with cash. Update: Used it at a couple of different site. Was working fine. Then all my money disappeared and my balance was 0. Not sure where it went. Got an email that the site was hacked and private keys were stolen. Just shredded the card. Useless.
Review by Flyingmd1 on BitPay - Bitcoin Wallet & Card.