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Replying to Avatar Rock

#[0]​ lots to love about the Strike update! Especially the global sending 🌎🌍🌏

A question - the wallet UX presents cash and bitcoin as peers, but bitcoin is lacking the core functionality of a wallet and missing the features (send + deposit as examples) of what cash has. Why is this? ❓

Offering the currencies as peers makes for such a strong product, but it feels like it’s missing the last step to bring them into a true 1:1 relationship. πŸ’š

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Sahil Chaturvedi 2y ago

My guess is some regulatory reason for now allowing bitcoin deposits? Something to do with tracking cost basis maybe? For tax purposes

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Sahil Chaturvedi 2y ago

That said, to your point, cash does not have this issue

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