The Fold Bitcoin Rewards Credit Card waitlist is live! \ stacker news ~bitcoin

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The Fold Bitcoin Rewards Credit Card waitlist is live!foldapp.com/credit-card

346 sats \ 21 comments \ @random_ 11 Feb bitcoin

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21 sats \ 0 replies \ @TheMorningStar 12 Feb

It's not available in my country.

51 sats \ 11 replies \ @DarthCoin 11 Feb

100 sats \ 7 replies \ @fiatbad 11 Feb

This.

What is it going to take to get Bitcoiners to wake up and actually start changing the world?

I get that it's not easy right now, but it feels like these larping "maxis" are working harder on getting their fiat debit cards than they are getting off fiat. The Bitcoin community looks rotten right now and I'm pissed about it.

46 sats \ 5 replies \ @DarthCoin 11 Feb

But you see them saying "nobody in my neighborhood is accepting bitcoin...". FFS of course the merchants will never accept your bitcoin if you always go to them with a fucking visa card. They will never know you have bitcoin to pay.

0 sats \ 1 reply \ @alt 12 Feb

It doesn't have to be either-or, Darth. For most people it is impossible for them to live totally on Bitcoin today. They either use fiat, or they stop buying groceries, fuel, etc.

You can encourage adoption, build circular economies, and pay with Bitcoin where possible while simultaneously using fiat for those things that require it, and if you're going to be using fiat, why not use a fiat card that rewards sats?

It can even be a way of steering the conversation toward bitcoin without making yourself look like preacher.

10 sats \ 0 replies \ @DarthCoin 12 Feb

I can understand that not all can live only with bitcoin. But why in the hell you are going to give to a 3rd party your sats for a stupid fiat visa card, instead of just using a regular visa card if you still have fiat ?

Why people always forget WTF is Bitcoin?

These so called "bitcoin debit cards" are the most moronic thing ever. We will never ever have a bitcoin standard if we continue to use these crap cards. USE FIAT CASH if you really want to see progress and force the fucking idiot merchant that do not accept bitcoin to not use VISA. VISA is a disease.

0 sats \ 1 reply \ @79c9095526 11 Feb

So how do I buy my gasoline today?

10 sats \ 0 replies \ @fiatbad 11 Feb

Those are the kinds of industries that will be very last to get off fiat. So, it's okay to continue using fiat with them, for a while.

These kinds of movements happen with a domino affect. Start with the small merchants.... mom-and-pop, brick & mortar.... and this will force the suppliers of those shops to consider making the switch.... which will force larger institutions and countries to make the switch eventually.

The problem is, no one is really even pushing the smallest dominos to fall. Bitcoiners have to be willing to boycott some merchants, and go out of their way to support others. We have to start small.... we can't go after the big oil companies first. That will come later.

So, pay for gas with fiat now.... but go out of your way to find local farmers accepting Bitcoin for produce & meats.

With so many Bitcoiners using "bitcoin" debit/credit cards, I'm doubtful this revolution is ever going to even get off the ground. We're playing right into the hands of the central bankers while we larp about taking down fiat. As a community, we are not angry enough about fiat. We're too comfortable sleeping with the enemy. It's that simple.

0 sats \ 0 replies \ @fiatbad 11 Feb

Exactly.

If we don't start a war with the central banks, then we will never win a war against the central banks.

Trojan Horse theory can only get us so far. Eventually, enough of us have to just say NO to fiat, even if it (temporarily) makes our lives inconvenient.

I've tried getting off fiat.... but it's really tough because even the Bitcoiners around me aren't very supportive. This goal would not be very hard to achieve if we actually tried. There are enough Bitcoiners in my town that we could create a real circular economy. But they aren't very interested. Just NGU for 99% of them. Fucking unbelievable.

0 sats \ 0 replies \ @BitcoinIsTheFuture 12 Feb

I argue it’s where you are in your Bitcoin journey. If you’ve been in space for years and have a huge stack of “Bitcoin”, you’ve got a huge store of value and likely generational wealth. Then you have new comers who talk in “sats,” not bitcoins and are trying every way they can to stack sats to one day get a solid stack. It’s all about perspective and we should be careful to judge. I doubt those ridiculing people were spending sats when they had as little as some of us?

0 sats \ 2 replies \ @kepford 11 Feb

You never disappoint.

21 sats \ 1 reply \ @DarthCoin 11 Feb

memes are life and life is a meme LOL

0 sats \ 0 replies \ @Aardvark 11 Feb

life is a meme

Truth.

50 sats \ 3 replies \ @Undisciplined 11 Feb

Beat me to it, but I'll shamelessly post my referral link anyway: https://foldapp.com/credit-card?r=yR3Rs

23 sats \ 2 replies \ @BlokchainB 11 Feb

No shame with this one 😂😂

83 sats \ 1 reply \ @Undisciplined 11 Feb

I'm in it to win it.

31 sats \ 0 replies \ @BlokchainB 11 Feb

Eyes on top 250? Haha

0 sats \ 0 replies \ @spraveenitpro 11 Feb

Does it work in canada?

0 sats \ 0 replies \ @User21000000 11 Feb

Fold needs to expand its country’s

0 sats \ 1 reply \ @Aries 11 Feb

With the Fold credit card, if you opt for the annual fee (or monthly payment), you’ll receive a 2% cash back card. Alternatively, you could consider the Fidelity Visa or the Citi Double Cash Back card, which offers the same rate with no fees.

If you’re not a Fold + member, you’ll earn 1.5% cash back, which is comparable to the Capital One 1.5% Cash Back Visa card.

Ultimately, the decision comes down to your preference for receiving cashback in Bitcoin and supporting a Bitcoin company or using alternative cards with no fees.

0 sats \ 0 replies \ @Aries 11 Feb

Digging deeper into the blog post about it, it appears that spending on the card contributes to their ACH bill pay reward program. Essentially, you can earn between 0.25% and 1.5% extra if you pay your bills using Fold.

I’ve added myself to the waitlist.

Cheap plug. https://foldapp.com/credit-card?r=Rj5Vq

https://support.foldapp.com/hc/en-us/articles/27484681226267-ACH-Bill-Pay-Rewards?ref=blog.foldapp.com