The Death of Credit Card Rewards: What 650 Million Cardholders Need To Know
Crypto prices have been going down, but crypto adoption has been going up, and not in the way that you think. Over the last 5-6 years, the number of crypto card holders has grown by a whopping 15-20x.
Not only that, but proposed changes to credit card interest rates and fees could result in rewards for traditional cards going down, while pending crypto regulations could increase crypto card rewards.
The result could be an even bigger surge in adoption of crypto cards, with select crypto coins and tokens benefitting the most. Today we tell you everything you need to know about this growing trend. Enjoy!
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πΊEssential VideosπΊ
Top 5 Cryptos By Revenue π https://youtu.be/Hvl81kpOjyI?si=VMzZDhZnLPj-n1Qv
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βοΈ π Useful Links π βοΈ
βΊ Top Crypto Cards: https://coinbureau.com/analysis/best-crypto-credit-cards/
βΊ Credit Cards In America: https://www.cnbc.com/select/how-many-credit-cards-does-the-average-american-have/
βΊ Bill To Lower Credit Card Swipe Fees: https://lofgren.house.gov/media/press-releases/lofgren-gooden-reintroduce-bipartisan-bill-lower-americans-credit-card-swipe
βΊ CLARITY Act Stablecoin Yield: https://www.theblock.co/post/386061/stablecoin-yield-fight-threatens-to-sink-clarity-act-as-coinbase-and-white-house-clash
βΊ DeFi Yields: https://defillama.com/yields
βΊ Plasma One: https://www.plasma.to/one
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~ TIMESTAMPS ~
0:00 Intro
1:24 Crypto Card Adoption
5:24 Why Americans Love Credit Cards
9:34 Changes To Credit Card Interest Rates And Fees
12:50 Stablecoins And Crypto Card Rewards
16:04 DeFi And Crypto Credit Cards
19:47 Which Cryptos Will Benefit?
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π Disclaimer π
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#creditcard #banks #stablecoin