Hello Stackers! Bold is launching a credit card that’s backed by your bitcoin stack.
- Spend dollars from a line of credit on your bitcoin, no credit checks necessary
- Hold your own key in a collaborative custody multi-sig
- Always be able to verify your coins are safe on the blockchain
- Earn sats every time you spend fiat dollars
Bold makes it easy to live on bitcoin day-to-day while minimizing the need to convert BTC to fiat. This helps you avoid triggering capital gains tax and have fewer accounting headaches.
Better than traditional credit cards because its limits are higher, rates are lower, and rewards are in sats.
Better than bitcoin loans because you don’t start accruing interest right away. In fact, if you pay off your monthly balance, you pay no interest at all. Make payments in fiat or bitcoin, whatever suits your situation.
No rehypothecation. No shitcoins. No ETH. Never. Bold will always be Bitcoin only.
Launching summertime 2023. We’re very excited to get this into your hands.
Sign up for early access at getbold.io. Takes 30 seconds!
Let me know what you think and ask me any questions!
To clarify on KYC - despite the lack of credit check with a financial institution, customers of Bold do need to go through KYC in order to get the credit card, that is just how credit card transactions are required to work. It would of course be ideal not to have to KYC, but it's a necessary tradeoff. You do get fraud protection and chargebacks as a benefit from that.
I WILL NEVER GO BACK TO FIAT!
I WILL NEVER "CALM DOWN" UNTIL ALL SHITCOINERS AND BANKSTERS WILL CALM DOWN AND FUCKING DIE!
I WILL NEVER DO THAT!