Wen Strike Big Mallers Mode?
@jack mallers
Direct deposit 100% to BTC
Strike credit for monthly fiat expenses
Auto monthly sell btc to pay
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@jack mallers second this
Fold Card will implement this before Strike
This would/will be great. You can do this now on Fold (and have a routing and account number…the conversions for bill pay are not automatic but easy to “push” to your account when making payments).
How about a Strike Rewards Credit or Debit card that pays more than Fold’s .75% BTC ??? @jack mallers
why? there are credit cards that give you 2%-3% on everything. why not use that and use Strike for BillPay?
genuine question
PrIvAcY...
But I heard it's not so important for NGU fan bois.
That’s how I’m trying to live, can we pay credit cards with bitcoin balance in strike?
soon
😮 beautiful, we love you homie thanks for the hard work
The challenge is that you pay capital gains when BTC is converted to Fiat or to pay bills. Also Taxes are complicated if you import BTC to strike from another exchange if you’ve been DCA’ing
if you are paying taxes that means you made money. it’s far better to pay taxes on a capital gain than not have made anything at all
Why do people let the tax tail wag the dog so much 🤦♀️
This is what I do 😃 its great!
☝️
This.
taxation is theft
it is better to leave such a jurisdiction as has capital gains
taxes are like smoking cigarettes, less is better, none is best
Pin this.
When there’s no more capital gains tax on the “sale of bitcoin” 😂