Max Levchin, CEO of Affirm, discusses Affirm's new payment card, which acts as both a debit card and a loan for customers who buy now and pay later. Levchin emphasizes that the Affirm card is not a complement to the credit card, but rather a replacement, without the pitfalls associated with traditional credit cards. He believes the Affirm card offers greater control and a simpler debt structure for consumers.

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