“Spend dollars. Earn Bitcoin” is a banger from Coinbase. 

Now we just need “Hold dollars. Earn Bitcoin”. Which is basically an option to get USDC rewards in BTC (or any other crypto if you’d like).

I was so excited until I saw the subscription requirement. 

You have to spend $2,500 just to break even. 

It only works if you’re crypto rich already.

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I guess I’ll just buy as much $COIN as I can.

bro coinbase will doom itself in the long run

Don’t understand why they don’t offer the earn any asset thing. 

USDC rewards already pay out paintstakingly late and monthly. Seems like a low lift. 

But they also removed payroll auto buying so idk

Was also excited to see the announcement, but at the end of the day it will all come down to the asset requirements for each rewards tier. Having worked in the CC industry, I have a strong hunch 4% will be for $50K or $100K+. IMO the existing Gemini Card is a more consumer friendly rewards construct...