When most people sign up for credit or debit cards with rewards a large chunk of them give you a percent back in dollars you spend. With the new wave of crypto back cards though this idea is starting to change and open up a whole new world of possibilities! These previous options limited the true value of what you could get back as the dollar value of a dollar really could only fall in value.
Fold's debit card though flips this on its head when you get sats back. Many of us myself included clamored for people to stay strong and keep stacking their sats. With the recent price increase, it is interesting to take a step back and see how stacking my sats reacted to the increase. While I bought gift cards continuously as the price rose I did look back to see how my purchases from earlier this month reacted.
Looking at my gift cards overall for the month of March the increase in value I got back is very clear. Since most of my gift cards were either 5 or 7% back the value of those has increased to between 7 to 10% of the purchase amount! For some of my $50 Amazon gift cards, I got back $5 in sats in with the current price!
That might not seem like the biggest increase but if you are like me and use it multiple times a week it adds up very very quickly. Not to mention if this is the beginning of another bull market run. Having gotten back almost 1 million sats is not something I thought I would ever do but the vast array of gift cards available has made earning sats so easy.
While the price of Bitcoin could return to what it was earlier this month or even go lower the market is currently changing looking like it might try to go on a run sooner rather than later. With this in mind, I will continue to stack my sats and cannot wait to finally hit the 1 million sat mark on my Fold card! Having a full-time job now provides a huge boost to funding my card!
While this is a huge thing that I expect to be a part of our future as people look for ways to grow their money to offset the rising inflation rate there is another aspect that is equally important in my eyes. Fold's sat withdrawals are free and you can get the money sent where ever. As someone who is trying to build up different passive income streams having mine sent to Hodlernaut is an important part of that as this allows my Bitcoin to continue to grow at a decent rate that I know is safe and secure.
Please know I am not a financial advisor I am just someone who picked up on a trend and wanted to express it! Makes sure you always do your own research and never invest money you cannot afford to lose! If you enjoyed this article and would like to further support me below are a couple of referral links that if you used when signing up I would appreciate it! Also, follow me on Twitter @Cje95_
Fold App
Offers daily wheel spins to win free sats daily! If you sign up for Fold with my link here you will get 5,000 sats for free!
Unstoppable Domains
Sign up using my link here and get a free $10 credit towards your first $40+ purchase!
Robinhood
Robinhood is offering a great signup deal if you use my link here where we will both be awarded free stock. All that you have to do is sign up and connect your bank account for the award! By also using my link here you also are added to the crypto wallet waitlist and like always both stock and crypto trading is commission-free! 🤝
Coinbase
Sign up for Coinbase and earn $10 of free Bitcoin when you buy or sell $100 in crypto with my referral here!
SMiles
If you are like me and walk to work every day this app rewards your walking with Sats! So far I have earned over 5,000 sats in just a couple of months walking to work! Here is my link!
