Bitcoins has been making huge strides in the news lately, with more stores and customers using it every day. The latest development in the Bitcoin world is a new prepaid debit card available in the United Kingdom. This card can be purchased with and funded by Bitcoins, and it can be used in stores like any other prepaid card.
Surprisingly, the Bitcoins you put into the card do not come out as Bitcoins. They come out as Euros, British pounds and other forms of currency. This means that you do not have to only use it at stores that accept Bitcoins. You can use it anywhere MasterCards are accepted.
The card offers a unique SMS loading option where you can deposit money onto the card through text messaging. There is a fee associated with this option, but it gives users another way to get money onto their cards. Users may also do this online or in select retail stores.