The tenth episode of my ₿ informed newsletter about “The #Bitcoin Adoption Dilemma”.
Yes, HODLing #Bitcoin is important, but so is spending. Thus, my new approach is Spend and Replace. Let me explain 👇🍿
Discussion
SPEDN 🤟
I spend dollars into BTC, spend and replace equals taxable event. Just use strike, deposit USD, pay in BTC without ever buying/owning it. Very simple, same result, no legal tax obligation incurred.
