Most Americans struggle to save even $1000, Fold app is taking their company public on the thesis that Bitcoin fixes this.
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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
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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
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