Yo nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle I got a friend who is a multi- whole coiner and wants to sell some bitcorn to renovate his place but is concerned if he sends it to strike ya’ll will calculate his cost basis as 0$ because he bought the corn on cash app.

Would you ask him his cost basis? Would you just him do the paperwork on his own? nostr:npub1t3ggcd843pnwcu6p4tcsesd02t5jx2aelpvusypu5hk0925nhauqjjl5g4

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thanks for keeping my massive stack privy

rothschild type security here

Even if they fuck it up you report cost basis with your own info on tax returns. All the cexes fuck this up, they don't care about providing tax accounting tools ( not their job anyway) for you, just care about reporting what you sold, what date, and for how much

we are launching a new tax suite next month that will allow users to enter their own cost basis, so this shouldn’t be an issue 👍

Damn dude! Always on point! Nice work!

awesome

will get to send my massive loads of corn over there then...allegedly

i bet there will be a lot of people who price their purchase at $1M per bitcoin haha

oh, why do i have to pay tax when it goes up but when it goes down you don't pay me back?

this will be strike’s underappreciated feature of the year. seamlessly spend any sats stress free