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Ahhhhhhhjh this explains the wild swings in the stock price
Fold Holdings () announced it has selected Stripe to power the upcoming launch of the Fold Credit Card, a bitcoin-only rewards product designed to turn everyday spending into a direct path to bitcoin ownership. Issued on the Visa () network and powered by Stripe Issuing, the Fold Bitcoin Rewards Credit Card delivers up to 3.5% back on every purchase, with no categories and no deposit requirements. “ Our credit card offers clear and compelling value and makes bitcoin easily accessible to everyone,” said Will Reeves, Chairman, CEO and Founder of Fold. “There are no categories to manage, no tokens to stake, no exchange account or balance requirements; just real bitcoin, earned automatically with every purchase.
This crushes the coinbase card
This is going to be huge. That’s way better cash back than normal, even without it being in bitcoin
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179 sats \ 1 reply \ @Cje95 OP 23 Sep
Agreed! Since the issuer for Fold's first attempt fell through I was starting to be concerned they wouldn't be launching it anytime soon. Not saying I would have gotten the Coinbase or Gemini one but..... It was starting to get to the point ya had to think about it.
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The best part is that I can probably convince my wife to switch for the larger cash back rate.
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YEPPPP!!!! HUGE NEWS!!! The CEO dropped a huge hint last night and I tried to buy more in Afterhours and couldn’t
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Hahaha me too I almost bought a big bag of fold.
But I just been DCA and selling cash covered puts
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I sold off 20 shares when it first spiked a couple days ago and only have 70 left lol
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Hahaha
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