I am 100% in #Bitcoin. I convert 100% of my income into ₿itcoin immediately. I don't have a single penny in USD.

AMA

Reply to this note

Please Login to reply.

Discussion

Much respect.

After how many year of digging the rabbit hole you started doing it?

I'd say it took a full cycle of deep studying, stacking, and getting comfortable with the price swings before I got to this point.

For added context, I have a family I support as well so this wasn't a decision I made lightly.

Wow, that's amazing.. now you have even more my respect, congratulations Sir. Hope to reach that amount of conviction, not there yet, but I can feel I am on the same path. Pura Vida 🤙🫂

Yeah, it was a nerve racking move. But I felt more and more like I'm doing my family a disservice by keeping any of our wealth or money in USD.

Do you sell to pay rent/mortgage/utilities or do you have another method do deal with those situations?

I put them on a credit card and sell once a month to pay the credit card.

Very nice 🫡

How do you defend yourself from the thousands of women throwing themselves at you?

There's no women in ₿itcoin

Is there a particular service you use to make taxes on that monthly sale easier?

Cashapp, Fold, Strike, and River all provide good tax records. I use Fold and Strike the most.

Do you have your Bitcoin in a financial vehicle, like a trust, to minimize capital gains tax? If not, why?