This is exactly what I’ve been thinking. Most of the momentum seems to have dried up, and they’re sort of just…existing now. Once people stop paying their card renewal fees, it will get worse. Using Fold now seems like too much effort for too little reward. They’re one of the first bitcoin-only companies I remember from years ago, and yet they still don’t have Lightning withdrawals, and it takes a week to get an on-chain payout from them. I have trouble seeing how they will survive.