JUST IN: FOLD is launching a #Bitcoin rewards credit card and just opened the waitlist where they’re giving out $200,000 in prizes 👀

Sign up here: https://foldapp.com/credit-card?r=UZoiP

I’m talking with Fold’s CEO Will Reeves today on nostr:npub10qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezspkxqj8 — let me know if you have any questions for Will 👇

(Conversation will be live streamed on zap.stream at 4PM US CST)

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Discussion

Woah that’s rad! Ask him if we can get our cards with memes printed on them

Honestly very good question

My question;

Is fold a bitcoin business, and if so, why do they KYC users and collect data for the government?

Anything that touches fiat, needs to KYC, with jurisdiction-specific details.

Fold provides a spending card, they are required to KYC.

Not a bitcoin business then.

Government data collection business.

Bitcoin-related business.

When EU? 🤙

I want a secured credit on Bitcoin collat

No credit score

what's their btc withdrawal fees?

Please ask if their can be authorized users for the credit card!

Thanks!

nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u please ask if they are considering a secured line of credit product, with Bitcoin as the deposit collateral

Great question 🫡

We already know the answer, and the rationale, right?

No ? Secured line would be very helpful to me if deposit is Bitcoin, maybe even a multisig

Credit limit variable according to Bitcoin price

What’s the answer..?

"no"

Can credit limits be determined based on how much corn you have on the Fold app? So it isn’t just tied to your credit score. (i.e. if you have 20k in USD or BTC on Fold, you have a 10k credit limit/spending amount.)

How about lightning withdrawals?

Waiting over five years. Using lightning for deposits, but not withdrawals should not be acceptable.

Let’s be honest with each other. A 50k sat threshold for on chain withdrawal as the only option blows.

So I can finally throw my old BlockFi card in the trash??

I thought Fold was supposed to becoming available to UK customers?? I remember seeing a post what seems like a year ago or so on X but every time I try applying for a fold card it still says US only 😒🤷🏻‍♂️ does anyone have any more info that I may have missed?

Wish I could help ( from another frustrated Britcoiner)

Holding my inner bull for when the card actually ships… Robinhood Gold credit card launched six months ago, still hasn’t shipped lol

I’m on the list. Preferred list mothafuckas. You heard that right.

Outside US?

When EU?

And the response can not be 2 weeks!

consider asking him when you will be able to pay off the credit card with bitcoin. let's get away from USD.

So it's a dollar credit card but gives btc rewards? 🤔

I'll have to watch the episode to use derstand better! Looking forward to it.

When Brazil? 🇧🇷🇧🇷

Fucking Canada.

NOTE: not available in so called Canada

OK I'm on the waitlist. What is this about..?

Not available in south africa. Will it ever be?

Wow, so much KYC shilling including a referral link.

Not available in the UK as far as I can tell.