We’re excited to share that Fold is set to list on the NASDAQ as the first publicly traded financial services company powered by bitcoin.
We will enter the market with over 1,000 bitcoin in our treasury. $EMLD
Welcome to Fold Mining Club.
Drop a pic of your miner(s) and
@fold_app
ref link below— tomorrow I’ll throw in some sats to help with the electricity bill.
I'm thrilled to announce
@fold_app
has closed our Series A with
@craft_ventures
to bring bitcoin rewards to the world. We’ve processed nearly $100mm in transactions and distributed billions of satoshis to our users in the last few months alone—we're unstoppable.
I just got back from a few weeks in El Salvador with my wife and baby son.
The world is dominated by competing visions of bleak, hopeless futures— the futures my boy will inherit.
In El Salvador, I witnessed an alternative vision for the future. A vision whose time has come.
Imagine if Coinbase had focused on bitcoin as a tool to build long term savings for their customers and a treasury position for their company since 2012.
It's entirely possible that their customers would hold over 3M bitcoin and their treasury would hold over 1M bitcoin-- that's
At
@fold_app
we’ve processed $1b in transactions and distributed over 50b sats in bitcoin rewards to our community in the United States.
Now we’re going global and our first stop is Bitcoin Country— El Salvador.
We’ve stacked over 1,000 bitcoin into our treasury and we intend to stack 1,000s more.
We’re turning
@fold_app
into an unstoppable bitcoin accumulation machine for our customers and future shareholders.
We have 1,000 bitcoin in treasury at Fold— making us one of the top public company bitcoin treasuries in the world.
And, we only just got started— steady lads.
$EMLD
If Costco sold bitcoin, they could give Coinbase a run for their money.
They currently move $200M a month in gold bars. And, people buying bitcoin at Costco would be buying it as a savings asset or gift— far from the Coinbase casino floor.
Kirkland Bitcoin > Coinbase Bitcoin
Bitcoin is overtaking crypto in the normie hive mind.
The breakout correlates to the collapse of Blockfi, Voyager, Celsius & is accelerating with the FTX implosion.
When the noisemakers go quiet, the signal gets louder. If you can believe it, this is all good for
#Bitcoin
Getting rejected by the App Store censors is a right of passage for bitcoin builders. Been happening since day one and
@fold_app
continues to deal with it.
Every time this issue becomes newsworthy, it just means a lot of cool shit it being built again. Bullish.
Amigos, tengo una propuesta. Durante la próxima semana bitcoin twitter solo podrá hablar español para enseñar a la comunidad y mostrar solidaridad con nuestro familia en latinoamérica. ¿Listo?
We’re excited to share that Fold is set to list on the NASDAQ as the first publicly traded financial services company powered by bitcoin.
We will enter the market with over 1,000 bitcoin in our treasury. $EMLD
The plan is to never stop stacking bitcoin.
We stack when you use the product and we stack by running the Saylor playbook— aggressively.
We’ve built an unstoppable stacking machine for our customers and shareholders.
Join us at $EMLD
We don’t need more bitcoin exchanges.
We need bitcoin checking accounts.
Hold bitcoin, withdraw as cash from atms, pay bills and ccs with account and routing number and buy stuff with a debit card.
Bitcoin Deposit starts rolling out next week on Fold.
Spend bitcoin using your Fold Card.
Pay your bills with bitcoin using your Fold Account & Routing Number.
Turn bitcoin into cash at any ATM.
Receive bitcoin from friends globally.
Get paid in bitcoin and convert to cash.
I’m proud of this team. We’re small, but mighty and go farther with less. In 6 months we've...
📱 Launched our app
💳 Teamed w/ Visa on a Bitcoin Rewards Card
🤝 Partnered w/ 100's of brands
⚡️ Launched one of the most active apps on LN
📈 Grew to ~300k monthly sessions
I started my day with the Daily Spin.
In an hour, my DCA will hit.
Tonight, I earn bitcoin buying groceries.
In a week, I’m paid in bitcoin.
End of the month, I earn bitcoin on my bills.
Your money is waiting to be mined for bitcoin.
It's only because a bitcoiner whispered in Trump's ear that he's now called for miner centralization in the US.
This will directly lead to other major world leaders calling for miner centralization in their own country.
The net effect of this is miner decentralization.
The
@fold_app
community is on track to accumulate 1% of all new bitcoin minted everyday— and we’re only in limited beta.
We’ll cross 10% next year. What do you think happens post-halving?
The Gang Builds a Metaverse.
Today we're announcing our partnership with
@NianticLabs
to build the bitcoin metaverse. Now, every 10 min a new block containing bitcoin, spins and rewards will spawn somewhere around you. Access to beta rolls out this week.
Remember when Robinhood only let you withdraw your bitcoin by selling it for USD?
That’s exactly what the ETF is— just designed for boomers with brokerage accounts.
Bitcoin is really just a game.
We made a game about the game to get people to play the real game. It's called Bitopoly.
Wrench attacks, margin calls, mining farms, boating accidents and proof of keys— it has it all. Only 500 first editions available at
Blockfi is now reducing their yield on BTC in ranges down to 0.5%. I can make more money from my non-custodial Lightning nodes than I can with them and peers don’t even send me complaints if I fund a channel via a CoinJoin. I’ve pulled my BTC from BlockFi and reallocated it to LN
No debt, no exposure, no leverage, no margin calls, no fractional reserves, no shenanigans and no worries.
Just another good day stacking sats at
@fold_app
.
Living on a bitcoin standard in a fiat world ain't easy.
Today, we change that at
@fold_app
.
1⃣ Smash buy, dca or convert your paycheck into bitcoin.
2⃣ Push bitcoin to your cash balance instantly.
3⃣ Swipe your card, pay your bills or send dollars anywhere.
It's never been
We’re launching our enterprise rewards api at
@fold_app
to enable any bank, card or loyalty program to offer bitcoin rewards— a $100B+ market.
We’re lining up fortune 500s, top fintechs and credit card programs. Who should offer bitcoin rewards in 2023?
Lots of things happening at once.
1. Capital gains increases across G20
2. De facto KYC via new IRS 1099
3. Money wars (Russia froze JPM assets)
4. Swift cbdc launch in ~12months
5. Inflation persisting
6. Samurai arrests
What else?
This is how Fold works.
Our customers accumulate bitcoin every day and by doing that we accumulate bitcoin into our treasury every day and by doing that we increase sats per share for our shareholders every day.
Everyone wins, every day— it’s the perfect business.
You will own bitcoin and be happy.*
*Terms and conditions apply:
- Enforced KYC.
- Custodied by Blackrock.
- Mined sustainably.
- Excludes P2P & Payments.
- Tracked appropriately.
- Happiness subject to change.
The latest lnd 0.12.1-beta with Sidecar Channels + Pool allows us to onboard users directly onto lightning in a non-custodial way without requiring users to put up capital or have previous UTXOs. This is big.
Amidst Operation Chokepoint 2.0, crypto meltdowns, banking crises the signal is breaking through the noise— Bitcoin is good for the world.
We’re bringing Bitcoin rewards, payments, savings and other and financial services to the world.
Im looking for a senior iOS/Android engineer to join
@fold_app
. Our growth is explosive and I’m looking for a leader to take us to the moon. $1,000 btc headhunter bounty. DMs open.
Earning bitcoin rewards means everything trends towards free over time.
Soon Fold+ mortgage, rent and credit card bills begin their descent towards zero.
We chose El Salvador for three simple reasons.
1. Establish a central hub for our soon to be announced programs across Latin America.
2. Recruit abundant skilled local talent across tech and support.
3. Operate in a pro-Bitcoin business and cultural environment.
Fold is the bank account for bitcoiners.
💰Split paychecks between cash and bitcoin.
🔒Hold assets in institutional grade, insured custody.
💳Spend with a debit card and earn rewards.
💸Pay bills, cc's and mortgages with account/routing #.
🌽Buy bitcoin with smash buys,
Imagine a company that mines bitcoin profitably without reliance on electricity costs or exposed to the depreciation of ASICs.
A company that doesn’t compete for the 8% of bitcoin yet to be mined, but the 92% of bitcoin that is already circulating.
That company is
@fold_app
.
I’m earning 1.5% back in bitcoin on my electricity bills every month via my Fold Account and Routing # Rewards. That should cover the cost of my Bitaxe miner each month.
I’m mining bitcoin for free— and so can you.
The medium of exchange use case for bitcoin in the US is now *only* throttled by the cap gains issue.
They know this and will use that same cap gains fear to throttle the savings use case— only thing is that it won’t work. In fact, it will backfire.
Next week, the Fold community will be able to fund their card swipes and bill payments with their bitcoin balance.
As always, there will be zero fees, zero limits and up to 3% back in bitcoin rewards.
If you want to get access, make sure you download the app and get the card.