If "somebody" pays me over strike and I receive as fiat, is this considered selling (taxable) or just receiving fiat? 🤔
Discussion
Think it is receiving fiat 🤠do you use strike?
I just installed it to check it out, not using it to buy corn but maybe as payment method for robosats
I don't think that's great
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I accept this for fiat banking. I don't want any app in contact with sats share my data but for fiat banking I think its not really possible to participate in online banking without using shitty apps and giving them kyc unfortunately, so one more app to the 10 others won't change much I guess.
It is 100% just recieving fiat
Very interesting, now I begin to understand why so many people like Strike.
Yes. It provides very unique properties for fiat <-> btc exchange
we like it more for the other direction though. we can pay for things in bitcoin (help others stack) without spending our own bitcoin. i zap using strike from my cash account. for receiving i prefer to set it to receive payments as bitcoin.