If your going to play by the book 📖 technically speaking your supposed to report all income. Even transactions under $600

$600+ just get 1099’d

My experience with taxes is they go after profitable targets. I don’t see micro payments the least bit profitable.

What’s really funny, is when it all is said and done and they figure out I bought the top at 69k and am zapping everything at a 50% loss and they actually owe me for realized losses.

It’s better to ask forgiveness than permission. If they want to tax my zaps they tell me how much I forgot to pay.

Yah, you’re smart, unfortunately I’m a dumb pleb and am going to have to deal with the 80,000 idiots they just hired to sort out over 100 csv pages for whether or not my 30,000 txns of 1/2 of .01c was a realized gain or loss for all the zapathons

Sync with damus and start zapping or use the extension or web app on desktop

Yah, so receiving zaps to alby is all fine, but if you load up the alby wallet with KYC corn, then, in USA at least, you technically are incurring a taxable event by sending the sats to that wallet for Zapping. Once there, every zap is plausibly deniable, but what if you receive more sats and want to move them elsewhere? Talk about a UTXO mixing nightmare.

Strike allows someone to avoid all that, albeit limits them to whole penny zaps.

So are you going to report the zaps you receive?!

Strike is KYC 😂

I get it your sending cash technically or whatever with strike but

Alby is non KYC

So there is plausible deniability that you do not control the get alby wallet

And you can change your receiving address back to strike

You can have more than one wallet though haha! Check out #[4]​ or #[5]​ for custodial NWC and #[6]​ already has a non-custodial NWC app afaik.

Paul is outsmarting the tax man.

Oh man… you basically have the brick phone at this point and everyone else has iPhones

Zapflow. Everyone should have this opportunity. I will work on it.

When you go from 0-100% the star on your profile changes colors. 😂

nostr:note1ewpmpv4946zqk2gz407g95xm8pdg0rzuzwt8endjh848nek4w87q0vuudc

I judge people by the color of their donation star.

Let me rephrase again…

Only Zaps + Single Tap go together like hotdogs in a tortilla

Damus’ success is now directly tied to the economic health of the network as a whole. Expect features that will make buying and selling easier: direct producer to consumer commerce with zaps, p2p, no kyc, no middlemen, fundraisers, etc.

What the what? Is that supposed to mimic a sleepy state or would that be the beginnings of a subjective experience?