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My bank had blocked the card after the initial purchase. Apparently, I wasn't the only one who was wary about going into all this. 1 /.

But now this means I could sit on my hypothetical tiny pile of cryptocurrency and hope it amasses value. Chris Weller 15/ To sell the bitcoin, Coinbase only allows users to pair their bank account with the app; a credit or debit card won't suffice.

A brief warning: If you're going to do this, tell your bank you're about to buy bitcoin. More on that later. And to read more about blockchain, the technology powering bitcoin, click here. 1 /. This is what the Coinbase app looks like on an.

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But as a method of payment there's no comparison between credit cards and Bitcoin: Lose your credit card and you get a replacement. In November, a man in Wales accidentally threw out a hard drive on which he kept the digital wallet containing his Bitcoin.

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Posted: 14.08.2018, 17:26