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Comment by crypt1d | Hacker News Reader

WaveCrest seems to be the card provider for all major crypto debit card offerings. Its actually so popular among top searches for 'btc debit card' that I'm starting to think they are actually running the show and just have a few different front ends. Initially, they only closed visa cards for holders that were outside of EU, but now it seems to include everyone. The issue seems specific to EU-based Visa issuers. US ones seem unaffected, for now.

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The major exception is Monaco, although this is only hypothetical since they haven't actually issued any cards.

It's also, ahem, a house of cards for its investors, but that's another story told on my blog: https://gyrovague.com/2017/06/16/monaco-doing-the-math-on-an...

I have always classified Monaco as one of those ICO projects where they don't even plan to actually implement the business model. Because why would you when you can just party 10 years in Ibiza with the raised ICO funds?

You just described most iCO really.

I'm going to start one, just going to call it Ibizacoin or something.

Go for it! Honesty seems to have worked out well for the Useless Ethereum Token guy:

https://uetoken.com/

Time to start ScamCoin. Every transaction on the network will be considered a donation of which you may or may not receive some worthless ScamCoins in return.

Welcome to the world of cryptocurrency in general. It's the new dot-com boom. How did that turn out last time?

Very well for scammers and serious businesses, not so good for naive people.

There are more naive people than the other kinds.

Just read a few of your posts - great content and approach :)

Would love to see an analysis on QuantStamp :)

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