Yo
Yo how you filling up your car with gas on the Bitcoin standard yo?
Yo
Yo how you filling up your car with gas on the Bitcoin standard yo?
He uses fiat credit cards. I assume he then converts Bitcoin to USD every month to pay the balance. I currently keep a couple months of fiat for fiat bills around, but he is skipping that step by just using their dollars instead. I also assume he earns in Bitcoin given his company. That's a lot simpler than getting paid in fiat, converting to Bitcoin, and converting back to fiat to pay a credit card.
Frankly, if you plan to pay taxes, using his method is a lot simpler. You have one taxable event instead of many like with the cards that convert to USD every time you get a charge.