Just zapped someone from strike on Damus to see if I could. The answer is yes. This means you can zap USD to sats without any legal taxable events.
Discussion
Wait, what?
So with Strike you can deposit dollars. Leave them dollars and send BTC either on chain or lightning ⚡️
Since you never bought BTC you never sold it either.
Note this means not taxable to the sender. But good luck to the IRS on the other side of a 3 cent lightning transaction anyway
Big deal is you spend USD but the other person gets BTC.
#[0]
I just did it off this note with Strike, very cool
Good to know! Here’s a zap from Strike.
we just talked about you doing this live then tried it...
#grownostr
Zapped
It's a few extra taps, but satisfying.
I had to set a weekly allowance using strike.
Now I instant zap the from my Alby receive wallet. Circular economy, etc.
I was hoping to send a zap tonight but my wallet of satoshi is taking forever to fund from Coinbase. So for now you get a reply
Just sent a zap from Wallet of Satoshi using Damus on iOS for 3500 sats. Appears to have worked! Looking forward to the #grownostr movement
Would love to see a demo or step by step, I couldn't figure it out.
Thats great to know really like that app
Yeah buddy. I’ve been zapping that way. I love bringing new fiat into the lightning network with every zap.
Based. Worked first try.
That's Awesome!!! I was wondering that too.
Pay with Fiat, Collect the Sats at the other end
#Hodl
#Sats
#Grownostr
tried and was able to ⚡️zap ⚡️myself
My mom always said too much of that and you could go blind 😂
If only I could convince Strike that I’m a real human.