You are the yield. Or, in the case of Fold, you are the spins.
Discussion
Elaborate please . I feel like Fold has gone down hill significantly over the past year
I’ve never used it, but it always boggles my mind to see otherwise anti-shitcoiner bitcoiners embrace Fold.
Based on my limited understanding, It’s a cash back credit card bolted onto a casino that acts as a honeypot for bitcoiner KYC/spending data.
I’ve never understood why it gets a pass from normally skeptical people.
I like it cause it’s Sats back on debit purchases that I normally would get nothing back for . I been using it for like 9 month and gotten back a little over 1m Sats on spending I would have been doing even if I didn’t have fold . It used to be a lot better though . Every quarter or so the rewards get smaller and smaller