Replying to Avatar Sahil Chaturvedi

Cash App is just so incredible as a #GetOnZero tool 😍

Had to pay someone with Venmo yesterday, but I have no USD

1️⃣ Connected my Venmo to Cash App checking account

2️⃣ Deposited sats to CashApp via lightning

3️⃣ Converted sats to USD

4️⃣ Sent money with Venmo

Took 10 seconds 🤩🤩🤩
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A Bitcoiner's Journal 2y ago

How do you deal with taxes though? That’s the main pain-point for me

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Sahil Chaturvedi 2y ago

Its a quick import into a tool like Cointracker (what I use)

and then a one-click integration into turbotax

shockingly easy, my taxes took like 10 min this year

+ you still self custody (doesn’t affect taxes)

+ losses get carried over indefinitely to offset gains (not a CPA)

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A Bitcoiner's Journal 2y ago

Thanks for sharing! Not an American though