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21 sats \ 5 replies \ @flat24 31 Jul \ on: Fold FINALLY allows you to adjust your withdraw amount! bitcoin
What benefits could anyone get for having their sats there?
If you have freedom to move the amounts you want, it seems to me that it is not a very good option.
"Imagine having the best asset on the planet, the freest of all, and you still have to ask permission to move it."
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55 sats \ 1 reply \ @Undisciplined 31 Jul
Like Blok indicated, you may want to move a smaller amount one place, which doesn’t stop you from moving the rest somewhere else.
However, the benefit of keeping some on Fold is that you can use it to pay fiat bills.
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109 sats \ 0 replies \ @flat24 31 Jul
However, the benefit of keeping some on Fold is that you can use it to pay fiat bills.
Inevitably we still live in the fiduciary model, so I understand perfectly because it is useful for you.
It happens to me the same with binance for example.
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25 sats \ 2 replies \ @BlokchainB OP 31 Jul
Yeah I have a fold hack I use to earn sats back on my ACH bills I have to pay.
Plus I rather hold idle sats then dollars but when I need dollars I can instantly sell then use my fold card to make a purchase
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68 sats \ 1 reply \ @flat24 31 Jul
I can instantly sell then use my fold card to make a purchase
Oh fantastic, I understand. It is very useful for some people 👥 Thank you for sharing your opinion.
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21 sats \ 0 replies \ @BlokchainB OP 31 Jul
Yeah for those who practice get on zero meaning get on zero fiat. Which I tried but didn’t like so much so now I some fiat as I need it to pay debt and bills
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