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BlockFi: BTC Rewards Credit Card coming soon

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BlockFi Bitcoin

BlockFi co-founder Flori Marquez has confirmed that the BTC Rewards Credit Card is coming soon. 

During a lengthy interview with Jason Yanowitz, Marquez confirmed that the card is on its way and that 120,000 people have already signed up for its waiting list.

BlockFi’s BTC Credit Card

What’s special about this card is that it allows for normal fiat currency payments on the Visa circuit, but provides 1.5% cashback in BTC. 

Moreover, it is not a classic debit card that can be funded in cryptocurrencies, but a real credit card that allows you to obtain credit in US dollars. The BTC received as cashback will automatically be deposited into the BlockFi Interest Account to accumulate interest. 

During the interview, Marquez also talked about the company’s valuation, estimated to be worth over $3 billion, making it one of the fastest-growing fintech startups in this regard. 

BlockFi on Twitter

BlockFi has been very active lately, especially on social media. In particular, its Twitter account is very active, not only in terms of company news.

Often, the official Twitter profiles of companies tend to focus almost exclusively on corporate activities, whereas BlockFi’s Twitter account tweets as if it were a private citizen’s account.

For example, a few hours ago he tweeted: 

“It’s time for Plan ₿”. 

In another curious tweet they write: 

“2010: BTC will never hit $10

2012: BTC will never hit $100

2014: BTC will never hit $1,000

2016: BTC will never hit $10,000

2020: BTC will never hit $100,000

2023: BTC will never hit $1,000,000″

It is worth noting that the company’s official Twitter profile has more than 85,000 followers, and some of the tweets exceed 2,000 likes. 

It is therefore not surprising that it is gaining so many users, and that there are many tens of thousands of people following its latest news. 

The post BlockFi: BTC Rewards Credit Card coming soon appeared first on The Cryptonomist.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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