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You get a line of credit from the bank that works with Fold, receiving rewards in Bitcoin for using the cc. At the end of each month, pay off cc balance using Bitcoin. Rinse and repeat.

Thekid.999 11mo ago

So I need to sell the Bitcoin. To pay for the line of credit at the end of the month.

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Discussion

Harvey Two-Face 11mo ago

I’m not sure how Fold will approach this with their new card. May have an auto Bitcoin➡️Fiat conversion for the payment directly from your Fold wallet? Options are endless. This is a path to get on a personal Bitcoin standard.

I typically use Strike but opened a Fold wallet for the rewards. To each is own.

Thekid.999 11mo ago

I'm on a Bitcoin standard, but I buy gift cards. If I need to sell my Bitcoin to use this line of credit it. It's not even worth it, just to get rewards back.

Harvey Two-Face 11mo ago

I have no choice but to sell (only what I absolutely need) to pay bills because I have no cash/fiat. Flat broke and busted in the bank’s eyes. They aren’t wrong though.

Thekid.999 11mo ago

Well I spend because when I get paid, I smash by bitcoin every two weeks like all of it and I hold no cash and I have no credit score

Harvey Two-Face 11mo ago

Dream life