We Study Billionaires - The Investors Podcast

BTC196: Bitcoin-powered Banking at Fold w/ Will Reeves (Bitcoin Podcast)

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In this episode, we explore Will Reeves' Bitcoin journey and how it led to the creation of Fold, a company that has evolved from offering Bitcoin rewards through gift card purchases to becoming a comprehensive financial services app. We also discuss Fold’s recent decision to go public, the company's long-term vision as a Bitcoin-powered bank, and the expansion of its services, including credit, lending, and insurance. Additionally, Will shares insights into Fold's treasury management, partnerships, and the global adoption of Bitcoin. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 07:55 - Will Reeves’ background and the defining moment that led him to Bitcoin. 09:35 - Key inflection points in Fold’s evolution from a Bitcoin rewards platform to a full-fledged financial services app. 14:45 - The "flywheel effect" of increasing Bitcoin reserves and its impact on Fold’s future growth.30:13 - The toughest challenges Fold faced during its transition. 16:57 - Insights into Fold’s decision to go public and expectations