Description
Bitcoin skeptic? So were we. On this episode of Trending Forward, Dan Gaul and Peter Horan sit down with Will Reeves, founder and CEO of Fold (NASDAQ: FLD), to talk about why so many Americans feel like they're falling behind even with good paychecks, and why Will thinks the problem is the money itself, not the tools we use to manage it.
Read the full article: https://www.digitaltrends.com/cool-tech/trending-forward-folds-ceo-spills-on-the-real-future-of-everyday-bitcoin/
Will explains how Fold works: a checking account, debit card and credit card that let you split your paycheck into Bitcoin and earn Bitcoin rewards on everyday spending, including mortgage and rent payments. We also get into Bitcoin's fixed 21 million supply, why volatility and inflation aren't the same thing, what Argentina can teach the U.S. about currency, and why Will's goal is to make Bitcoin "boring."
By the end, one of us left with a very different view of Bitcoin than the one he walked in with.
CHAPTERS
00:00 A Bitcoin skeptic changes his mind
00:49 Meet Will Reeves, founder and CEO of Fold
03:03 Why even high earners feel behind
10:26 Why no one can print more Bitcoin
14:36 What Fold actually does
17:23 Isn't Bitcoin too volatile?
20:35 Is Fold a bank?
22:38 Earning Bitcoin on your mortgage
24:15 Why Fold went public
26:53 "Isn't Bitcoin made-up money?"
29:35 Lessons from Argentina
39:51 Final thoughts
Learn more about Fold: https://foldapp.com/
This conversation is for informational purposes only and is not financial advice.
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