Quote:
Originally Posted by Manic!
Has anyone heard of the Monaco card? It's a Visa that you you can pre load with crypto from what I understand and is accepted anywhere Visa is. You also get 2% crypto back on all purchases.
https://mona.co/ |
Yes, there was some controversy regarding Monaco in the past. The team hyped up their project as a VISA partnership, but it turned out to be a pre-paid card and the price tanked. IIRC, shortly after that, the CEO was on the verge of quitting or something like that.
But anyways, I think the card is still in testing. Not sure how the entire process of applying for the card works nor how conversion works. I'd assume you load up MCO onto it and charges are converted from the local fiat to MCO at the time of transaction.