Prediction: Fold is going to get passed up by credit card companies accepting #Bitcoin settlement if they don't launch a fiat credit card in the next couple of years.
If I were on the team, I'd be soliciting a partner in the fiat credit card industry, and quick.
Fold doesn’t have lightning withdrawals. What’s the point of accumulating sats on there
I’m thinking if I should continue on with Fold
Feels like it will take me years to cross over aka withdraw unless I use it as my only card and/or pay the monthly fee for boost haha
Couldn’t agree more
Feel like fold, river and strike are all competing to become the company bitcoiners choose to “bank” with
And I have accounts with all three. I can't make up my mind because they all have a killer feature.
Ha! I am in the same boat
Use fold to get bitcoin rewards for paying off mortgage, car payment and fiat credit card (have been getting killed though because I am doing auto conversion on deposits and then selling back to fiat in order to qualify for ACH and the spreads are criminal)
Use strike for daily DCA, lightning/onchain conversions, etc.
Just moved my weekly DCA from swan to river and plan to deposit some fiat so I can get that 3.8% interest paid out in BTC
"bitcoiners choose to bank" 🤣🤣
Not sure what’s so funny about that…
Unless the existing financial system completely collapses (which I am not really rooting for) we are going to need services that allow us to interact with the traditional fiat system
I personally like River
Interesting. Anyone else see that Swan is offering a credit card that has Bitcoin as the rewards? It’s currently wait list for release in Q2.
This is going to happen soon.
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