“I can’t afford a whole Bitcoin” is a common refrain amongst newbies to the Bitcoin space. Just simply looking at the Bitcoin price, which is currently over $11,500, it’s easy to see why many people think this way. The vast majority of people alive today grew up in a world where stock markets where the main form of investing and you had to be able to afford an entire share, often priced in hundreds or thousands of dollars. But digital innovation has changed that, as retail investors can now by partial shares on Cash and Robinhood. And likewise, Bitcoin is a highly divisible asset. Each Bitcoin is actually divisible into 100,000,000 units called “Satoshis” or “sats.” Thus the common memes on Bitcoin Twitter about stacking sats.
Even if you can only afford to invest $1, $10, or $100 in Bitcoin, you’re actually getting a lot of Satoshis, because Bitcoin is such an undervalued asset. At the time of writing this, every $1 (USD) is equivalent to over 8,500 satoshis. And since Bitcoin has a fixed supply of 21 million Bitcoins, these “sats” are likely to have a lot more purchasing power in the future. But what if you really don’t have that much money to invest? Or what if you’ve already invested in Bitcoin but just want a simple way to earn some extra Satoshis? Enter Fold.
Fold has designed a sleek app for Bitcoin rewards that makes Bitcoin extremely easy and fun. For starters, download the Fold App for iOS or Android. Next, make sure to open the app every day and use the spin the wheel feature, which allows you to earn free satoshis and extra Bitcoin Cashback rewards. For the main feature of the app, whenever you can’t fight the urge for shopping, make sure you’re using the Fold App to buy a Gift Card, which will earn you Bitcoin Cashback rewards. Currently, the following major brand retailers and restaurants are a part of the rewards program:
- AMC Theatres