pull down to refresh

This is a decent puff piece. They didn’t dig into the many different pivots fold did and how it still struggles with UI issues and the low deposit limits.
A lot of work still needs to be done for fold to compete
(disclaimer I own shares of fold)
reply
I'm a little bit curious why Fold's founding story has been retconned, including all the pivots as you mentioned and its actual founders. I hope those guys did ok with the IPO and everything.
reply
That’s when Fold pivoted to rewards. Instead of asking people to spend bitcoin, they would help people earn it through everyday purchases.
Gotta love a good pivot story. But I'll admit that card rewards have always felt a little fishy to me. I get the concept: merchants are willing to make a deal with a credit/debit card in order to boost sales, cards like the deal because they can attract new users with deal, consumers like it because they get rewards. But i'm curious, when all the math is done, who are the winners?
reply