What about car loans and mortgage payments? Some bills don’t allow you to use a credit card. What do you typically do in those situations?
Bullish! Thank you nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qyg8wumn8ghj7mn0wd68ytnhd9hx2mz3uf3 🫡
I’m currently converting100% of my paychecks to Bitcoin and use bill pay through Strike. Looking forward to another tool in the arsenal to live on a BTC standard. Question…any updates on individual lending for residents of Washington?
Discussion
Good question. You would use the account and routing number in your Strike app and provide that information to the biller. When the bill comes due, you pay those bills with your bitcoin.
I don’t know why I didn’t think of that. 🫡
How are you handling taxes? I know Strike will provide accounting information each month/year, but you are paying capital gains taxes if it goes up, correct?
Strike will provide a1099-DA for taxes during tax time. Yes, I expect to pay capital gains if I sell my bitcoin at a profit. But this is a good thing! It means you beat debasement at the time of sale. 😊