#CryptoCurrency / BlockFi opens waiting list for bitcoin rewards credit card

Cryptocurrency startup BlockFi is to release a credit card that rewards users for shopping by paying a bitcoin cashback bonus.

Card users will receive a 1.5% cashback for every transaction made through the card, which will then be converted to bitcoin and placed into a BlockFi account in a regular monthly cycle.

For status-seeking crypto-geeks, the metal card features the bitcoin symbol printed prominently on the surface.