Subnostr

Moving bitcoin to cold storage is now labelled as a “payment” on Cash App.

nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m what’s up with that? You have to know this makes people even bigger targets of the IRS now

God forbid people withdraw with LN and coinjoin afterwards. Good luck telling the IRS these “payments” weren’t actual payments, but you moving coins to self custody.

nobody 1y ago

Oof that’s a gigantic L

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Discussion

DRE 1y ago

Truly a bummer

Hopefully they remove the label; otherwise, I’m done buying there. Too risky

nobody 1y ago

I use River bro never had one complaint about them

DRE 1y ago

Yeah might have to look into that

nobody 1y ago

Been using them since they became an option to coinbase

DRE 1y ago

I do like Strike lets you pay yourself a LN invoice with cash, but that only works with smaller amounts.

But yeah, will look into River. I made an account once I think, but never used it