A New Visa That Rewards You With Bitcoin

Happy Finally Friday, Blockfolians

The Lede

In all the discussion of the Fed’s surprise stimulus yesterday, an absolutely excellent announcement was buried. This was Fold’s new bitcoin rewards Visa card. Anyone shopping with the card in the US will get bitcoin rewards automatically.

We have to say, by the way, that as a company that prides itself on design and user experience, this is damn fine. Congrats Fold team and thanks for bringing energy and execution to the crypto market!

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Fold Card - The first bitcoin rewards card - YouTube

Highly Relevant Reading

  • Although new scams have been enabled, overall the Coronavirus has cut crypto scam revenue by about 1/3

  • HTC’s Exodus crypto phone will allow direct Monero mining.

  • A bitcoin fund has been listed on the Toronto Stock Exchange.

  • An Upstate NY bitcoin mining plant has sold 30% of its computing power to institutional buyers.


Community Commentary

Everyone is discussing Chamath Palihapitiya’s interview about why companies should be allowed to fail.
We had fun playing in the #cryptoCOVID19 charity poker tournament last night.

To learn more about the numerous #cryptoCOVID19 initiatives, check out our post about it.


A Really Big Number We Should Be Paying Attention To

400x

That’s the amount that demand for bitcoin and crypto-related courses has increased on Udemy since the beginning of the COVID-19 crisis. Coursera meanwhile has seen a 200% increase.


Final Thought

😂