At its simplest, it's just immediately converting new dollars to Bitcoin, spending on credit and paying your fiat bill by selling Bitcoin (either manually or automatically in the case of Strike's Bill Pay feature).
I've actually covered this in depth here:
https://bitcoinbarks.com/Barks/get-on-zero-2024-strike-update/#wbb1
Thanks for this article as well…
So for my use case I’d need to be on the “bear” all year or just stack BTC manually at end of month, week, etc…
Reason being is a privacy restriction since Strike is public (reports to agencies, etc) so due to that, it conflicts with a setup/structure im responsible for.
So I’d have to use the fiat directly and buy BTC directly….unless Strike and the bank you mentioned (they use) supports private bank accounts (UBOs / PMAs)
I get that.
I'm not really pushing for everyone to adopt the same strategy I have. We all have our own lives and unique situations and requirements.
I just wanted to detail the way I use this feature.
As far as private bank support, I'd reach out to strike on that. Unfortunately that's not something I have experience with.
Totally. I appreciate you publishing thie article as it gave some concreteness to one process, idea, approach.
The key takeaway: one has to live/operate under their means
