04-08-2022, 01:23 AM
Crypto.com card - 8% Cashback | Coinbase card - 4% cashback | Gemini card - 3% cashb
<!-- SC_OFF --><div class="md"><h4><a href="https://twitter.com/safemoon/status/1512128572734918663">They're legitimately marketing it as "only 2.5% fee on transactions"</a></h4> <p>In a world where you can get a Gemini, Coinbase or Crypto.com debit card and use it to buy goods and services with your Crypto, with no fees (like your regular bank cards) <strong>AND</strong> earn rewards and cashback, somehow, for some reason, Safemoon comes along and thinks they can entice people in the middle of the greatest cost-of-living crisis in living memory with eating an additional 2.5% transaction fee on purchases, plus the knowledge they're contributing in a fucking pyramid scheme. </p> <p>By a $800 TV with your Safemoon card? It's now $820. Buy a $10,000 car? It's now $10,250...</p> <p>It seems to me that the best use case for this card is to bypass the 10% sucker tax on selling Safemoon, <a href="https://www.reddit.com/r/SafeMoon/comments/p7m9xe/deleted_by_user/h9p85zt/?context=999">which I've had theorised since at least 7 months ago</a>. </p> <p>I can hear the excuses now "Oh but the ecosystem, the volume" </p> <p><strong>You can't have volume in a system where the defacto price is larger than everything else, because a portion of the transaction needs to be sliced off and spread around everyone else</strong> </p> <p>That's not an ecosystem, it's a <em>pyramid scheme</em></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TNGSystems"> /u/TNGSystems </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tym81r/cryptocom_card_8_cashback_coinbase_card_4/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tym81r/cryptocom_card_8_cashback_coinbase_card_4/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><h4><a href="https://twitter.com/safemoon/status/1512128572734918663">They're legitimately marketing it as "only 2.5% fee on transactions"</a></h4> <p>In a world where you can get a Gemini, Coinbase or Crypto.com debit card and use it to buy goods and services with your Crypto, with no fees (like your regular bank cards) <strong>AND</strong> earn rewards and cashback, somehow, for some reason, Safemoon comes along and thinks they can entice people in the middle of the greatest cost-of-living crisis in living memory with eating an additional 2.5% transaction fee on purchases, plus the knowledge they're contributing in a fucking pyramid scheme. </p> <p>By a $800 TV with your Safemoon card? It's now $820. Buy a $10,000 car? It's now $10,250...</p> <p>It seems to me that the best use case for this card is to bypass the 10% sucker tax on selling Safemoon, <a href="https://www.reddit.com/r/SafeMoon/comments/p7m9xe/deleted_by_user/h9p85zt/?context=999">which I've had theorised since at least 7 months ago</a>. </p> <p>I can hear the excuses now "Oh but the ecosystem, the volume" </p> <p><strong>You can't have volume in a system where the defacto price is larger than everything else, because a portion of the transaction needs to be sliced off and spread around everyone else</strong> </p> <p>That's not an ecosystem, it's a <em>pyramid scheme</em></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/TNGSystems"> /u/TNGSystems </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tym81r/cryptocom_card_8_cashback_coinbase_card_4/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tym81r/cryptocom_card_8_cashback_coinbase_card_4/">[comments]</a></span>Kind Regards R