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.
Discussion
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. 😊