Subnostr

Totally, but it doesn't make it any less fiat. What is Fold's business model? Marketing or data collection? You're selling them your data and/or attention in exchange for cash back. That can be ok, I would just expect that for a group of people so interested in reclaiming those things there would be more pushback.

QW 2y ago

I would assume Folds business model is getting % of purchases.

Their instant deposit fees (for those inpatient)

The spin + annual fee of $100.

They are also HQ’d in El Salvador now.

No idea on the data collection but whether I use chase or anything else it’s pretty much the same to me. All fiat.

I’m exiting fiat as fast as I can. 🤣

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QW 2y ago

They also make % on gift card sales I’m sure.

They actually had the best in app Bitcoin purchase spread before they switched custodians. Time will tell if that’s the same.

Regardless, I get what you mean. I just accept the trade off for now.