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109 sats \ 3 replies \ @Aries 22 Mar \ parent \ on: Fold Is Lowering Withdrawals Threshold and More! bitcoin_beginners
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instant gratification of Lightning withdrawals, similar to how Apple advertised Daily Cash back that could be easily withdrawn when the card was first introduced.
I wonder if Google will sue them for using the Pebble name since Pebble was acquired by Fitbit, and Google subsequently acquired Fitbit. You would think the creator of the “new” Pebble would have made sure that he could use the name in reference to the new product, but you never know.
I agree with your view. When looking at Bitcoin, look at the most recent pullbacks. We experienced a 20% drop in value easily. While such drops are not uncommon, a 20% drop can be substantial and may overwhelm an individual’s ability to hold on and wait for a recovery.
Everybody is different, but I know personally I would rather keep a certain percentage in Bitcoin. Keep with the allocation I feel comfortable with and diversify.
Absolutely! I was getting sick of seeing ads every time I watched a video, so I decided to upgrade to premium. And I got another music app! The playlist section seems to be better than on other platforms for me.
Supply, demand, simplicity, and education all play a role in the current financial landscape.
In the 1970s, the internet was non-existent, and purchasing stocks was a complex process. Individuals had to contact a broker to buy and sell funds, which came with a fee. These fees significantly reduced the buying power of investors, especially those with smaller investments.
In contrast, today, we have fractional shares, free trades, mobile phones, and user-friendly apps that make investing in funds incredibly easy. We can now “stack” into the SP 500 with minimal effort.
Additionally, there has been a significant increase in workplace education about 401(k) plans and company matching investments. A match is essentially an instant profit as long as an employee remains with the company for the specified investment period.
Comparing the financial landscape of the 1970s to today is like comparing apples to oranges. The current situation offers far greater opportunities and convenience for investors.
This is how it should be. Many people are unaware that you’re essentially renting the ebook. While it’s convenient, your license can be revoked at any time. In a way, it’s similar to Bitcoin. Not your key, not your coins.
I’m surprised they haven’t implemented this sooner. As the article mentioned, operating your own BTC Pay Server is more technically challenging. While apps like Breeze offer point-of-sale options integrated into the app for quick payments for lighting payments,as far as I know, you can’t make payments using Bitcoin through this option. An app that can be easily loaded with minimal technical knowledge is a significant advantage for vendors seeking to expand their payment network.
Probably not familiar with Alby Hub. While they did mention LNBits, it has a lot more advanced features. For onboarding and ease of use, Alby Hub is the way to go. With the Alby Go app, you have two buttons, send and receive, and you can get a lighting address too. Anybody can learn to use it.
Especially considering Trump’s is not a fan of Powell.
The concept of CBDC holds promise for maintaining global dominance. However, resistance to change is a significant challenge.
Over the past five to ten years, we are witnessing gradual adoption of digital payment platforms such as Google Wallet, Apple Pay, Bitcoin, and various other apps like Venmo. If CBDC was to be created, adoption will be slow.
The thing about gold that worries me is how we are getting closer to mining asteroids. AstroForge is a company that has set its sights on an off-Earth mission in 2025. While we have a limited supply of gold on Earth, who knows what we will find in space. Are there gold asteroids? Who knows, but at the first sign of one, I could see the gold market price drop.
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
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.
Sending mined coins to Coinbase is risky. It makes me wonder if this was just a random BitAxe user who decided to use Coinbase as their address.
Considering the availability of wallets, solo mining to an exchange is not a wise idea.
Electrical work would be fun. I could install new lines to the panel and expand it myself. It could also be a fun side hustle to install 40 amps and connect to a 240-volt outlet in a home’s breaker box for those who want to charge their electric vehicles quickly.
I’ve also noticed an increase in DIY battery and solar setup projects. While you can purchase an EcoFlow with 200 Wh for around $200, building one yourself sounds interesting. I might experiment with a setup this year for fun.