Navigating Bitcoin Volatility in Cashback Rewards Systems

This chapter explores the complexities of administering Bitcoin cashback rewards via a debit card system. It covers the fluctuations in Bitcoin pricing, real-time conversion of fiat to Bitcoin for rewards, and the role of the Lightning Network in enhancing transaction efficiency and promoting a circular economy.

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IN THIS EPISODE, YOU’LL LEARN:

What is Fold all about
Will Reeves' background in tech
How Will built Fold from the ground up
How rewards programs work with vendors for discount gift cards
How Fold is using the lightning network for processing some payments
How Fold and Strike worked interoperably without any permissions
How Fold will service all Bitcoin rewards for Visa customers moving forward

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