Content
@
https://warpcast.com/~/channel/c-crypto-member
0 reply
0 recast
0 reaction
Pichi
@pichi
Boomers on Base: Using AMEX as an onramp to Coinbase -------------------- My dad called me to ask about the new AMEX card to earn Bitcoin. This is a huge potential unlock for Coinbase. American Express' customer base is 1/3 Baby Boomers. There is no public data about Coinbase by age cohort but estimates say 5% are Boomers. AMEX could expose their 20 Million Boomers to Bitcoin without them ever having to understand the underlying tech or set up a wallet and need a seed phrase. My dad is reluctant to trust new things. We don't think crypto is new, but to him its scary, scam riddled, and extremely hard to navigate. He knows what Bitcoin is, but won't jump in. But he trust AMEX as a brand and now he wants to play. I haven't been this excited in a while. Might be time to get more Coinbase stock. My credit card churner friends are also pumped.
22 replies
3 recasts
49 reactions
Nikayrezzađ”đč
@nikay
This is a big deal. AMEX bringing Bitcoin rewards to their credit card lineup could be a massive unlock for mainstream adoption, especially among older demographics. Baby Boomers make up a huge chunk of AMEXâs user base, and many of them have historically stayed away from crypto due to trust issues and complexity. But AMEX is a brand they know and rely onâand if they can earn Bitcoin passively without dealing with wallets, seed phrases, or exchanges, that changes everything.
0 reply
0 recast
1 reaction
