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125 sats \ 5 replies \ @Cje95 OP 21 Mar \ parent \ on: Fold Is Lowering Withdrawals Threshold and More! bitcoin_beginners
So they were initally going to... this was years ago back when i first joined (58 months ago according to the app lol) but there wasnt enough activity/usage 4+ years ago to get the devs to do it.
They have mentioned it again though I think they are trying to launch this CC first and then move on to moving to Lightening.
Something I think they (Fold) would like to see is more hardware wallets pick it up. Ledger doesnt support it and I dont think Trezos does either and since they are so popular it could affect usage.
The reduction to a Bitcoin withdrawal is nice, but we still need Lightning. For instance, Braiins Pool’s popularity is largely attributed to Lightning payments. With a Bitaxe, you can receive constant daily payments if someone opts for pool mining instead of participating in the lottery. Essentially, it’s a modern-day Bitcoin faucet.
Fold can capitalize on the instant gratification of Lightning withdrawals, similar to how Apple advertised Daily Cash back that could be easily withdrawn when the card was first introduced.
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I am trying to find the tweet but haven’t yet… Will Reeves the CEO/Founder of Fold has talked about this on X! If I remember correctly it is coming just when they tried initially 4/5 years ago there wasn’t enough action.
Now with the CC rolling out it should be next up!
Do you know of a good LN hardware wallet??
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They don’t exist yet
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Yup!!!
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Yeah good point LN on a hardware wallet is really hard
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