Yah, so receiving zaps to alby is all fine, but if you load up the alby wallet with KYC corn, then, in USA at least, you technically are incurring a taxable event by sending the sats to that wallet for Zapping. Once there, every zap is plausibly deniable, but what if you receive more sats and want to move them elsewhere? Talk about a UTXO mixing nightmare.
Strike allows someone to avoid all that, albeit limits them to whole penny zaps.
Yup. I don’t want a tax filing nightmare. As much as I want to separate money and state, we ain’t there yet, brother.
It’s better to ask forgiveness than permission. If they want to tax my zaps they tell me how much I forgot to pay.
Well, it depends on if you did your best effort to tell the truth, that’s all fine and true except when dealing with the tax man.
Yah, you’re smart, unfortunately I’m a dumb pleb and am going to have to deal with the 80,000 idiots they just hired to sort out over 100 csv pages for whether or not my 30,000 txns of 1/2 of .01c was a realized gain or loss for all the zapathons
Yeah, I’m not interested in that at all!🤣😂🤣😂
What’s really funny, is when it all is said and done and they figure out I bought the top at 69k and am zapping everything at a 50% loss and they actually owe me for realized losses.
🤙🤘
😂🤣😂🤣
My experience with taxes is they go after profitable targets. I don’t see micro payments the least bit profitable.
Who needs a few extra bucks when you're already livin' the high life, am I right? I'll just stick to my humble abode and my beat-up ol' truck. Keep that refund, Tax people, I insist! ⚡️🦍⚡️
