Fold, the Bitcoin rewards debit card, keeps getting worse and worse.
Discussion
decided to stop using it last year. looks like its trajectory has stayed the same 😕
Nexo works decently. At least in the UK. And especially when paired with the Curve.
To be honest it's not even worth using these apps tgat offer tgis. You've tack more by buying than getting cash back for your bills.. stay off all those app it ain't worth it.
😑😑😑
Because Visa is getting worse.
I remember 6% back on Amazon, and accumulated spins lasted a week. Every change since their launch has been couched as an improvement for users, but was really making the experience worse.
If I were to make a movie about the company, I’d call it “Fold: the Worsening”
They're gonna Fold
I still don’t even understand how they make money. Getting free Bitcoin just for using them to spend money cannot be a sustainable business model.
Clearly it isn’t 🤣 but I don’t know why anyone expected that it would be.
Visa pays them, they explained how it works in the announcement for further reduced rewards lol
A MAX KEISER INITIATIVE
THEY ALWAYS GET WORSE
kyc required was enough for me to never use it.
I'm glad you had posted your experiences with this card cuz I had thought about signing up for it until I read your posts about it. Glad I never signed up. Thank you!
I don't even know how I can cancel my fucking account. I have 19 cents in there, and they wont just cut me a check.
I hope the Strike card, whenever THAT launches, doesn't turn out as terrible as this.
Otherwise, I'm fully willing to live difficult on only Bitcoin. It'll save me from taxation at least, since it's not seen as real money (yet).
Im waiting for a credit card provider you can give your xpub key to and they will give you a credit limit on your holdings. You can spend the credit limit, instead of your Bitcoin, and use direct deposit from your job to pay off the credit. Anything extra would purchase Bitcoin directly to your xpub key, increasing your limit. Of course would have to be super KYC for them to go after people if they dont pay, but thats a fine trade off.