Does FOLD think to themselves after every update “how can I make this app worse?” #[0]
WTF are these news spins. They are junk
Discussion
If #nostr was around in the early OG #bitcoin days would we have seen a similar 📝 about the faucets reducing or stopping their flow 😅🧡🫂💜🤙
Yes. It’s like that “board meeting” meme, and the guy that gets thrown out the window is the one suggesting they make Fold not suck.
My two sats/personal theory is that they did a classic startup move to start off in a way that was unsustainable and burned cash but was intended to quickly grow their user base. Now they have to start scaling it down or they’ll not survive. Purely speculation on my part though
I like the automatic 1% now, but I don't think this thing is going to generate the sats rewards that justify the Spin+ annual fee (unless they lower it). I think I am better off just buying bitcoin with my fiat card cash rewards.
That’s the big one.
If they had instant deposit I wouldn’t mind as well.
But instant is 1.5% fee or otherwise it takes forever to deposit. 😂
I seriously need to review the benefits at this point. It’s a slow rug. 😂
I basically switched over to the Gemini CC, already 1% min, 3% in bars/restaurants and 10% at gas stations. No comparison. #[2]
I feel like I’m getting better sat rewards with Lolli just activating sat back rewards.
💯
I dunno why I bother opening my app in the morning. Holdover from the daily spin habit I guess. Today I 'won' 5 sats on my morning spin. Soon I will switch to a dollar rewards card (that I don't have to tediously preload constantly) and just buy sats with those rewards. More sats, less braindead tedium. Fold, I loved you once, but right at the moment- not so much.
Yeah the spins are dreadful. I used to collect them and gamify purchases and etc.
It’s tragic. Just kinda scammy now.
I paid for the spin + last July and I won’t be renewing it considering they keep stripping the initial benefits of it.
Little bit of a bait and switch honestly. As they move to go global they are clearly cinching down on their loyal customer base.
I'm not sure yet how it compares in overall sats earned with the previous model, but they definitely took the fun out of it.
