Damus
₿k profile picture
₿k
@bk
Fold’s markup on bitcoin back gift cards is absurd.

A $100 Amazon gift card is supposed to offer a 1.75% cashback, but they only reward 2,165 sats.

$1.75 divided by 0.00002165 BTC equals approximately $80,800 per BTC.

This translates to a roughly 7% premium over the current market price.

I’M OUT!
71❤️1
Oshi (推し) · 4d
I’ve been out on fold for a good while. They got the ick
beejay · 3d
1.75% of $100 is $1.75, and that equals 2,209 sats, currently (was probably 2,165 at the time of your purchase) https://image.nostr.build/a95d6ab230b1b92eaf02d1d0db0a37b9909197689173e7575dc6cb38edf771af.png
sati · 3d
nostr:nprofile1qqsr4uv8hlsqjgxcwp52d0xll3y0fvjp68vzt9xd89g3ngcgjyzpv4qpr9mhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9uqsuamnwvaz7tmwdaejumr0dshssemen6 works very well for me! I think it is the best for gift card out there. And great customer service