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/biz/ - Business & Finance

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22649951 No.22649951 [Reply] [Original]

4,700$ for a Swipe Steel card, 10% off Travala with other perks.

4,100$ AVA for 5% off Travala

Smart money is in Swipe.

>> No.22649976

>>22649951
wow very interesting
fuck my asshole and cocker spaniel faggot

>> No.22650004

Why the fuck would I pay $4700 for a Netflix/Spotify subscription?

>> No.22650006

I'm not familiar with AVA, but the fact that binance is backing swipe would make me pretty confident on swipe.

>> No.22650623

>>22650004
Your not

>> No.22651333

>>22649951
Free money is free money

>> No.22651854
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22651854

Stake $4700 just to get a few dollars worth of perks while losing 50% of my stake value every month. Wow, such a good deal.

>> No.22651971

>>22649951
If $5k is pocket change to you as it is to me, then it's a no-brainer

>> No.22652040

>>22649951

All of the crypto debit card tokens are ponzi schemes. How do Swipe and crypo.com afford to offer such great incentives like 5% cash back when they dont charge users any fees? Not to mention the fact they have to pay the all the bitcoin transaction fees. The answer is it's all about speculation around their tokens. They are gambling that their tokens will be valuable enough in the future for them to afford it. That's why the CEO of swipe is talking up a huge game about how deflationary SXP is.

Binance doesnt care how stupid or scammy the project is, they will invest regardless.

>> No.22652377

>>22652040
>I am smarter than Binance
ok

>> No.22652445

>>22652040
They do charge fees,.
And get commission from Visa

>> No.22652598

>>22652445

There are practically no fees. Only one I could find was a 1% flat fee for converting from crypto to fiat via the wallet app.

Think about a traditional credit card. They have to collect all the interest payments from people who accumulate credit card debt for them to give responsible people 1-2% back and maybe one or 2 stupid other rewards. Do you think swipe's 1% wallet fee is going to be enough for them to afford up to 5% cash back?

>> No.22653549

>>22652598
They are burning SXP to do so. Imagine your bank giving away their shares for using their services.