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CoinDesk Podcast Network

BITCOIN SEASON 2: Going Public With Bitcoin App Fold

CoinDesk Podcast Network

CoinDesk

News, Business News, Tech News, Daily News

4.7698 Ratings

🗓️ 19 February 2025

⏱️ 44 minutes

🧾️ Download transcript

Summary

Most Americans struggle to save even $1000, Fold app is taking their company public on the thesis that Bitcoin fixes this. You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.com Will Reeves, CEO of Fold, is hyperfocused on making it easy to save in Bitcoin. As the new Bitcoin user looks different than previous cycles, so does the modern Bitcoin company. Fold is going public on the thesis that the average American needs low friction options to orient their existing habits around saving in Bitcoin. Notes: • Fold vs other public crypto companies • Different company models each cycle • Successful (and unsuccessful) products • Starbucks & airline miles, but with Bitcoin Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Chapters: 00:00 Intro 1:26 Nasdaq listing 02:47 Fold 1.0 to Fold 2.0 05:35 Why Fold holds over 1,000 BTC 09:59 Adapting for a changing Bitcoin landscape 19:08 The reasoning behind Fold’s Nasdaq listing 29:59 Bitcoin's Changing User Base 39:25 Plans for 2025 and beyond 41:44 Reflections on the future of Bitcoin - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:45.6

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0:49.7

You know, we like to talk about Bitcoin's savings technology. Bitcoin is digital gold.

0:54.7

And that's great for people who have savings and who are saving.

0:58.1

And when you look at, you know, 60% of Americans unable to come up with $1,000 in

1:03.1

emergency savings, you actually quickly even see that the problem is not even people can't

1:08.1

save in Bitcoin.

1:09.1

It's that people have no capacity to save at all.

1:12.1

If we could solve that, that's a huge problem.

1:14.7

Hey, what if we created a way for people to passively build a position in Bitcoin, savings

1:20.7

in Bitcoin through what they do every day?

1:22.9

Instead of airline miles, let's do Bitcoin, which is something we would have been observing

1:27.4

in Starbucks

1:28.1

locations, watching people use our product, watching people use the credit card.

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