The Easiest Way to Live on a Bitcoin Standard
As inflation continues to chip away at the purchasing power of fiat currencies, more people are turning to Bitcoin as a hedge against devaluation. Yet, living on a Bitcoin Standard—where BTC becomes your primary way of holding value—might seem daunting. After all, Bitcoin isn’t accepted everywhere, and the need for fiat-based transactions still looms large in daily life.
However, Fold is changing the game by making it easy to spend, save, and stack BTC without stepping out of the current financial system. With tools to convert BTC to USD on the fly, earn BTC-back on purchases, and automate savings in Bitcoin, Fold empowers users to live on Bitcoin while navigating a fiat-dominated world.
Here’s how Fold makes adopting a Bitcoin Standard as simple and practical as possible:
Direct Bitcoin Transfers to Your Fold Account
Fold recently announced users can now transfer Bitcoin directly into their Fold wallet, providing quick and secure access to their BTC holdings. Simply click the “Receive” button on the Bitcoin tab in the app. From there, you have two options:
• Push to Card: Instantly convert BTC into USD and load it onto your Fold debit card, ready to be used wherever Mastercard is accepted or even withdrawn via ATM.
• Withdraw to Self-Custody: Prefer holding your Bitcoin yourself? You can move it directly from your Fold wallet to an external, self-custody wallet at any time.
By consolidating BTC and fiat spending, Fold makes it easy to live on Bitcoin while retaining essential access to the fiat financial system.
Effortless Bitcoin Back on Purchases and Bills
The Fold debit card provides automatic Bitcoin-back rewards on all purchases—even for bills paid via ACH transfers. Whether you’re buying groceries or paying your electric bill, Fold turns everyday spending into an opportunity to earn BTC.
Fold rewards also extend to gift card purchases on the app, offering significant Bitcoin-back rates:
• 2.25% back for Amazon purchases
• 5% back at Bath & Body Works
• 3% back at Uber
These Bitcoin-back rewards add up fast, and with every swipe, you’re stacking sats.
Flexible Deposit and Automation Options
The Fold debit card accepts deposits from a range of sources: link a bank account, a debit card, or even Venmo and Apple Cash. Direct deposit is another option, making it convenient to allocate part or all of your paycheck to fund the account.
But what truly sets Fold apart are its powerful automations for Bitcoin accumulation:
• Direct to Bitcoin: Automatically allocate a percentage of each deposit to buy Bitcoin, helping you passively stack sats. You can even allocate 100% of deposits to BTC, and essentially get paid in Bitcoin.
• Round-ups on Purchases: Enable round-ups to convert spare change into Bitcoin with every transaction.
• Auto-Stack: Set up recurring Bitcoin purchases to grow your BTC holdings consistently, no matter the market conditions.
Turn Any ATM into a Bitcoin ATM
In a world where fiat is the dominant currency (for now), having easy access to cash is essential. With Fold, you can now turn any ATM into a Bitcoin ATM. Simply send BTC to your account, push it to the card, and withdraw cash from an ATM.
This flexibility allows you to live on Bitcoin while maintaining access to fiat cash as needed, bridging the gap between the two economies seamlessly.
Sats Back Rewards and Withdrawals
Fold pays out rewards weekly—every Tuesday. Once you’ve accumulated 50,000 sats, you can withdraw your earned sats to any Bitcoin wallet, adding to your holdings in the easiest possible way.
Robust Insurance and Peace of Mind
Fold provides the security users need by offering $250 million in insurance on BTC deposits, giving you confidence that your funds are protected while enjoying the freedom to live on Bitcoin.
By combining these features, Fold is more than just a spending tool; it’s an entry point to financial autonomy. Spend fiat, earn BTC, and live on a Bitcoin Standard with ease. Whether you’re converting BTC to cash, stacking sats on every swipe, or seamlessly moving funds between accounts, Fold gives you the freedom to choose.
Bonus Offer
As a bonus, Fold is offering 20,000 sats to users who sign up for the free Bitcoin rewards debit card via my referral link! Sign up here to get the bonus:
https://use.foldapp.com/r/PJ99YUH4
Trends
Including this data in my previous analysis of the last decade, the year-over-year trend in CPI is an increase of 0.04%, while the trend in BPI is now -0.16%. This suggests a slow but consistent increase in the cost of goods and services for those living on a US Dollar standard, and a decrease in costs for those living on a BTC standard.
It is worth noting that there are extremely sharp increases in BPI seen in 2015, 2019, and 2023, but despite this, the average year-over-year % change in costs of goods and services for Bitcoiners is still decreasing at 4x the rate that prices are increasing in USD terms.
Users can now send BTC directly to their FOLD account. Once settled, it can then be converted to USD to fund the debit card via the "push to card" option, or withdrawn to a different wallet.
The debit card also pays BTC back on all purchases, even when paying bills like credit cards or student loans!
This, along with "Direct to Bitcoin" deposits, Round-Ups, and Auto-Stack, FOLD gives users the tools to necessary to live on a Bitcoin Standard within a fiat world 🙌
Keep in mind the FOLD account is custodial. I wouldn't recommend storing any significant amount of BTC there, but rather treat it the same as you would cash in your wallet.
Sign up here for a bonus 20,000 sats:
https://use.foldapp.com/r/PJ99YUH4