When it comes to Bitcoin debit cards, you gotta be very careful. I tried quite a few of these, and, to be very honest, the one that I'm using on a regular basis is the one from Sepectrocoin. I also had - or have, but not use - cards from Wirex (bad customer service experience, but they may have recovered since then) and Bitwala (good marketing, good product, but somehow I don't get to use it that often).

So when Spectrocoin announced they will launch an entire bank on top of their infrastructure, I paid attention. It's a wild time for ICOs these days, so I confess I'm a bit fed up with all this aggressive marketing. If I actually spent some time reading the website and perusing their information, it means there's something going on.

As usual, the blurbs:

• Bankera is a "blockchain bank", or a bank built on top of the blockchain infrastructure
• there will be two ICOs: one pre-ICO, that starts on August 28th and it will last a month, for determining what they call HARDCAP, or the top limit for the actual ICO, which will start mid-october
• the bank will give loans and have investments in crypto portfolios
• they want to create "a different kind of money, "such as gross-domestic-product (GDP) linked currencies and the use of equity traded funds as a substitute for money" (quote from their site)
• the token issued for this ICO is BANKER (BNK)
• they have an aggressive referral program

My opinion, in just a few words:

• a bank on the blockchain is a nice idea, but it all gets down to execution
• being already on the market, Spectrocoin is in a good position to try something like this (there is already a significant user base for their Bitcoin debit card)
• even if the bank is successful, they will still have to solve the centralization part of it - crypto exists specifically because banks are centralized (maybe this info is already in the White Paper, I confess I didn't read the White Paper, just the site)

All in all, I think this is an interesting opportunity. So, if you want to join the platform, you can do it by following this link:

Bankera

Please be aware that if you sign u using the link above, I will get a referral bonus.

Referral Program

Since I'm doing a full disclaimer on this, I thought it would be ok to share the blurbs on their referral program as well.

• 5% of all Bankers (BNK) your referees have purchased. For example, if you referee purchases 1,000,000 BNK, you will receive 50,000 BNK to your SpectroCoin wallet.
• 10% from all the fees your referees will pay at SpectroCoin.
• 5 BNK for each person, who joins Bankera’s Slack channel that you refer.

One more thing: during the pre-ICO, a BNK will be around 1 - 1.7 USD cents. Here's the link to create a free account on their website (and join Bankera if you want):

Bankera

Disclaimer: this is not trading advice. Please make your own due diligences when you trade and don't blindly follow any advice.

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I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.

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If you're new to Steemit, you may find these articles relevant (that's also part of my witness activity to support new members of the platform):

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• Witnesses: What Are They And Why Should You Care?
• How Can I Mine Steem And What CPU / GPU Power Do I Need For That?