Does FIFO take the wind out of the sails of the Strike "bill pay" Bitcoin standard living strategy?
If you've been buying Bitcoin for years, and you start buying groceries with Strike today, are you paying capital gains on those super old, cheap sats? Vs the fresh, expensive sats you're trading for the bananas at the grocery store?
Idk, but I buy Bitrefill cards all the time to use to pay bills and buy necessities. Is that any better? Bitrefill only asks you to put in a name, email isn't required, no address (and I just use my nickname), so I guess it's pretty good at non-kyc.
HIFO not FIFO
I've educated myself on the 2025 Safe Harbor rules and now I see where I was confused.
The new regulation is actually _better_ for bitcoin standard bill pay because wallet-by-wallet tracking (and inventory management) means you can use a daily buying/spending wallet (like Strike) with which you set up favorable basis and inventory management. Rather than having your basis pulled from all your wallets.
