I remember finding a handful of coins in the change slot of an old payphone like it was yesterday.
Except that $2.80 “jackpot” occurred decades ago when I was in grade school.
You might have similar memories…
Perhaps, you found a stray $20 bill on the sidewalk… got comped a free round of golf at a local municipal course… or won a free turkey at Thanksgiving.
Or maybe you checked the change slots of soda machines… and pushed the button of your favorite soda, just in case…
Finding – or receiving – something for free is memorable.
Most of the time, it provides instant gratification. But then, while not forgotten, the freebie is materially gone in no time.
Now, what if I told you there was a way to earn something free that had tremendous growth potential?
And as part of that upside, you’d get paid an ample interest rate to hold on to that freebie.
I’m talking about bitcoin.
I have a way to earn free bitcoin. Plus, this method allows you to earn compound interest on the free bitcoin, in bitcoin, along the way.
Here’s why that’s so rewarding…
Over the last decade, bitcoin has been more than twice as volatile as the S&P 500.
But it has delivered an annualized return of 215% versus the S&P 500’s 15% – or more than 15x the S&P 500’s return, on average, each year.
So, if you can earn free bitcoin, it’s an opportunity you should consider.
Here’s how you can get started…
A Crypto Credit Card
Earlier this year, leading crypto lending and interest platform BlockFi rolled out the first-ever BlockFi Bitcoin Rewards Credit Card.
On the one hand, the credit card works just like any other credit card would. You pay for stuff in dollars.
On the other hand, you earn bitcoin instead of cash-back, airline miles, or grocery reward points.
So, you can go about your daily life. Spend money on essential items like food and fuel. And build a position in bitcoin – essentially for FREE – in the process.
As BlockFi’s Co-Founder and CEO Zac Prince said:
Our new credit card is going to be a major disruptor in the crypto industry, making it easier and more convenient than ever before for anyone to earn bitcoin while engaging in day-to-day transactions.
Here are the key details:
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It can be used wherever Visa is accepted.
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There are no fees to use the card.
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In the first 90 days, you’ll earn 3.5% bitcoin back on purchases up to $100.
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After 90 days, you’ll earn 1.5% bitcoin back on every purchase indefinitely.
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For every dollar you spend over $50,000 (annually), you’ll earn 2% bitcoin back.
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And you’ll also earn crypto interest on your bitcoin rewards.
In addition to these bitcoin rewards, BlockFi also offers stablecoin, trading, and referral bonuses.
And on top of that, the card provides additional benefits from Visa, like car rental upgrades, preferred hotel accommodations, shopping deals, and more.
So, with unique benefits like these, the BlockFi Visa card is like having a crypto exchange in your pocket.
You buy groceries. You swipe your card. You’re rewarded with bitcoin.
And once that bitcoin hits your BlockFi account, you start earning up to 4.5% compound interest on it, paid out in more bitcoin.
How to Potentially Earn $20,000-Plus of Free Bitcoin
According to consumer finance researcher ValuePenguin, the average household budget in the U.S., at pre-COVID levels, was about $63,000 per year.
Let’s assume roughly one-third of that, or $22,500, can easily be put on a credit card. (I calculated the average annual cost of various expenditures, like transportation, food, entertainment, etc., and quickly got to that number.)
Assuming that level of spending and a blended rate of 1.9% interest earned on rewards, here are a few scenarios on what your free bitcoin could turn into.
Note: BlockFi has tiered interest rates for bitcoin, ranging from 0.1% to 1% to 4.5%.
Daily editor and world-renowned crypto expert Teeka Tiwari believes bitcoin could hit $500,000 in the next few years. So, I based the scenario on this projection.
Whether bitcoin’s price stays where it is today or rises to six figures, your rewards portfolio will benefit. And even if bitcoin’s price crashes, you’re not losing anything since you didn’t pay for the crypto in the first place…
But BlockFi rewards card benefits don’t stop there… as more customers sign on and start earning bitcoin, the entire crypto ecosystem will feel the effects…
A Crypto Adoption Catalyst
Here in the Daily, we’ve been pounding the table on the crypto mass adoption narrative for years now…
So, whether it’s PayPal allowing Venmo customers to buy, sell, and trade bitcoin… or financial giants like Goldman Sachs and Morgan Stanley offering bitcoin exposure to their clients… or MasterCard allowing banks to integrate crypto services into its cards…
The mass adoption tidal wave is only getting stronger.
And as of November 12, BlockFi has awarded 171 bitcoin to BlockFi Rewards cardholders. At a BTC price of $64,000, that’s about $11 million in rewards in about four months.
So BlockFi’s Bitcoin Rewards Credit Card is yet another catalyst driving mainstream crypto adoption… and I can’t think of a better way to get started in bitcoin than earning it for free.
If you’re interested in getting ahead of the mass adoption tidal wave, consider opening a BlockFi Bitcoin Rewards Credit Card account as soon as you can.
And if you decide to sign up and receive a card, we strongly recommend using it as a true rewards card… That means paying off your balance in full each month to ensure no interest accrues.
This will allow you to get the most out of your bitcoin rewards without losing an additional 15–25% of what you spend on interest.
If you’ve been on the fence about investing in bitcoin, this is a perfect way to hit the ground running.
Regards,
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Grant Wasylik
Analyst, Palm Beach Daily
P.S. As crypto mass adoption gains momentum, one coin is poised to take the entire crypto ecosystem to the next level… even bringing up smaller cryptos 25–50x higher from here.
But I’m not talking about bitcoin…
We’re on the verge of another monster altcoin run, and it’s not too late to position yourself.
For more details on what Teeka predicts will become the next trillion-dollar crypto… along with the small altcoins that’ll ride its coattails to the top… click here.