nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle
Iirc you said recently you spend credit then pay it off with sats.
How? Is this something Strike enables?
Discussion
Good question, also curious. I know strike does not offer a credit line like that fwiw
Dont need credit from them. Just need the ability to pay a credit card down.
I truly believe if we can build a good enough experience for people to live their life on sats we can start a Boston Tea party type movement in the face of what looks to be the biggest monetary debasement era of fiat ahead of us
we're going to be building some tools at Strike around these ideas. curious what the community thinks and what people would need to ditch fiat entirely
nostr:note1h3e2wkkxrrg7tzuh0a0ns7nujatu7szgq96f3nlnn52vfr62sv4s5zycnf
How do you do this with the capital gains tax if you have to sell sats every time you need to pay the credit card bill
The next stage for mass bitcoin adoption is underwriting debt with bitcoin AND asset collateral to lower the liquidation risk that comes standard with bitcoin collateralized loans.
Buying farm land or another cash generating business with conventional debt augmented by bitcoin collateralized loans will lead bitcoiners to the next level of prosperity.
love the idea. what if you maintain enough usd to pay off the credit card each month, to avoid selling sats when they’re down? think of it as a buffer.
â‚¿oston Tea Party
Would be down.
The cap gains would suck, but I would end up with more sats in the long run which is the real game.
maybe he just uses credit card and pays using bitrefill prepaid cards lol
