disparatebits on Nostr: Can you not get credit? Even jack mallers lives on a credit card. Borrow trash ...
Can you not get credit? Even jack mallers (nprofile…za3a) lives on a credit card. Borrow trash dollars, pay off the credit each month, if you don’t want taxable events hold just enough dollars to meet your bills and put the rest in Bitcoin.
Most credit cards give you points or cash back, but these points are often devalued with little notice, or are complicated—have to use certain cards for specific categories, or for travel you have to transfer points to specific partners, calculate the value yourself, etc, on top of any annual fees.
That all just muddies the water and makes the true value of a credit card harder to see. I like that Fold is just giving a flat 2% back in Bitcoin. No categories, no juggling cards.
One card, clear rewards: 2% back in Bitcoin, more valuable than cash or made up points.
Most credit cards give you points or cash back, but these points are often devalued with little notice, or are complicated—have to use certain cards for specific categories, or for travel you have to transfer points to specific partners, calculate the value yourself, etc, on top of any annual fees.
That all just muddies the water and makes the true value of a credit card harder to see. I like that Fold is just giving a flat 2% back in Bitcoin. No categories, no juggling cards.
One card, clear rewards: 2% back in Bitcoin, more valuable than cash or made up points.