eddierubinstein on Nostr: I believe Fold App/Card is not a great product for its target customer base. Yes you ...
I believe Fold App/Card is not a great product for its target customer base. Yes you get free spins & gain some sats but in order to get 1% back on purchases in sats you pay $10/mo. To break even you would need to spend $1000/mo & the issue is Fold is a prepaid debit card. Who spends $1000 or more a month on a prepaid debit card? Why not take the $10 and just spot buy which would get you about 35k sats at a $28k BTC price.
Published at
2023-05-04 12:13:25Event JSON
{
"id": "213233aa93b041e536e11fdd4669744f23dda4f2f4502fcf1179ebbadb4e3597",
"pubkey": "80d1c1ba1bdebaad65c068fb090948b2265ebcfc6f6206d6ce604420b8fc33e3",
"created_at": 1683202405,
"kind": 1,
"tags": [],
"content": "I believe Fold App/Card is not a great product for its target customer base. Yes you get free spins \u0026 gain some sats but in order to get 1% back on purchases in sats you pay $10/mo. To break even you would need to spend $1000/mo \u0026 the issue is Fold is a prepaid debit card. Who spends $1000 or more a month on a prepaid debit card? Why not take the $10 and just spot buy which would get you about 35k sats at a $28k BTC price.",
"sig": "70ccd09fe89dab6c8f57ddbef8dcad504313c9499095e849cb325f80099123ea3323ac7ff3013dbd3a15b32c4969249e966f6a7e9aa2fa2f22c312b2b4f011ad"
}
