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Crypto Debit Cards - A Bridge to the Future? TenX, Monaco, Comit

Matt & Nick debate whether crypto debit cards make our life easier and if there is a possibility to bypass centralized payment networks like Visa and Mastercard.

Hosts
Matt Aaron & Nick Cuttonaro

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About the Episode

On today’s episode we’ll be talking about crypto debit cards.

You may be wondering why we chose this industry.

Many crypto debit card startups are emerging, and some with their own token and blockchain including TenX and Monaco.

The ability to spend cryptocurrency via a debit card helps with user adoption.

The Comit network is on its way. Comit is a revolutionary instant payment processing network attempting to replace Visa and Mastercard.

Centralized payment processing networks work fairly well in the United States. Most cards are accepted globally and offer low or predictable merchant processing fees.

But it’s a different story in developing countries.

Photo courtesy of Shutterstock.

Update from TenX team: “To date, PAY token holders have not received any reward of any kind and at the moment TenX legal team is reviewing the PAY token structure to ensure it is compliant with the latest regulations.”

About the Hosts

Matt Aaron

Matt Aaron has been podcasting since 2013, when he launched the Food Startups Podcast.

He recently found a second love in cryptocurrency and blockchain and hasn't looked back.

His first major investment into cryptocurrency was the money he made betting on (but not voting for) that Donald Trump would win the 2016 election.

Matt believes that public blockchains and cryptocurrencies are the solution to the many problems exposed of the current banking system in the 2008 financial crisis.

Nick Cuttonaro

Nick Cuttonaro is the Founder & President of The Link Builders, one the of the top Online Reputation Management agencies in the world. Mr. Cuttonaro specializes in creating, protecting, and promoting leading direct-response marketing and financial services brands with an interest in promoting blockchain-based tech startups on his website CoinReviews.io.

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