Quick question: is anyone getting paid in Bitcoin by their employer?
How do you manage fiat payments, especially large ones?
- selling on exchanges
- getting loans using bitcoin as collateral
- using a debit card linked to your btc stack,
- ...
(mostly interested in options available to EU residents, thanks!)
I’m not in the EU, but curious about this too.
This is my plan currently. I am trying to convince my family to accept swap my btc for their fiat (so long as they have).
It’s a win win, I get them to save a bit in hard money, and I get access to fiat at spot rate, without going though a exchange or anything.
Nice!
Of course, there might still be taxes on capital gains to be considered (depending on local regulations).
Marco, le tasse sulle plusvalenze sono un furto legalizzato
Marco, le tasse sono un furto legalizzato
🤙😁
Possiamo anche essere d'accordo, ma purtroppo questo non le fa sparire.
Vero, ma nello scenario in cui scambi i tuoi bitcoin con gli euro dei tuoi familiari non penso ci sia da preoccuparsene
Temo che l'Agenzia delle Entrate la veda diversamente.
Tutte le conversioni da criptovalute ad Euro, comunque queste avvengano, sono eventi tassabili se generano un guadagno.
Che poi, in questo caso, non siano conversioni facili da scovare, e' un altro tema. 😉
I replied on my own thread 🤦♂️ message follows:
Hmmm… that is a good point, I don’t know how exactly it would work, but I suppose that it would immediately be considered a taxable event to go from an address you own to an address you don’t . That’s a bit irritating, I and to be honest I don’t know how it’s going to be regulated.
Interesting times we live in.
Hmmm… that is a good point, I don’t know how exactly it would work, but I suppose that it would immediately be considered a taxable event to go from an address you own to an address you don’t . That’s a bit irritating, I and to be honest I don’t know how it’s going to be regulated.
Interesting times we live in.
I just reviewed a new interesting option by nostr:npub1zv7d9l5ac0zdzeh5mzfyaegcdgcwn8m2uaxdpsj93hgp4nqjmd0s6k82ke, have a look here: https://blockdyor.com/pocket-bitcoin-wage-payments/
As a freelance programmer i proposed to many of my customers to pay me in sats, with a discount on the final price if so.
So currently that's a problem i would like to face, but not yet got to.
I know it's not easy but there are many ways to sell your bitcoin peer to peer in italy for cash.
P2P/OTC selling is indeed an option.
Which platform would you be willing to try?
How about borrowing against btc?
(disclosure: I work for Firefish.io)
This whole topic of surviving on BTC while living in a fiat economy is so important in this transition phase.
nostr:nprofile1qqsxua0hju3e0j3jjhs0fjs0h3htnnreh6zm4lw4d0fhsgsv4rhwwnspzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhszxmhwden5te0wfjkccte9ehx7um5wfcxcetzwvhxxmmd9uggh9ef
This is a good primer https://youtu.be/USMri_DSSBI
Using Strike but that is currently US only
@Strike bill pay.
Strike offers direct deposit to receive your paychecks fully in bitcoin! Not sure if they are in EU with this feature tho
You can get almost anything for bitcoin at the shopinbit.com concierge agent.
More generally speaking, find someone who wants to stack sats and has a bank account to make the fiat payment.
Really a great topic as EU resident.
