You can use Strike and convert 100% of your pay, my employer does this no problem.
Yup at the end of the year I will have 12 sales, one for each month, so there could be CGT to pay. But the pay I don’t spend is HODL’d so no tax on that. I’d rather pay 25% on a gain than have to hold fiat.
I take 100% of may paycheck (every two weeks) directly to Strike in Bitcoin. I pay all my expenses on credit card. A couple of business days before the end of the month I sell just enough bitcoin to pay off my complete credit card bill to avoid interest and to put enough in my checking account to cover my mortgage. So I’m only minimally exposed to fiat for a couple of days.
Sorry for my delayed reply, I need to get on here more than YT! Thanks for the comments. You’re absolutely right, it should be a straight line. The standard functions with that chart engine don’t work well on log-log, so I need to work on that. Maybe will just show it in Google or something as a temporary solution for some of those. But on my website it is also in log-log in an interactive format: https://www.porkopolis.io/thechart/
Great episode with Yves. Your podcast has unique material and analysis, keep it coming.
Loud and clear. Responses are slow but no adds. The more you like good folks the better the experience.
Swings and roundabouts. My paycheck cleared early Friday morning at $59k so I’m enjoying a 4% pay rise. I think living in bitcoin takes great emotional control and a big runway so you can ride out the volatility.
Yup so the lost ones are effectively out of circulation. So in practice your portion of the available is greater. Like gold in a ship wreak at the bottom of the ocean, it exists, but can’t really be used in trade.
It’s effectively lost unless the owners took care of it via their will/estate planning. Satoshi called it a donation to the rest of us.
So where is the lower volatility I was promised post ETF?
To me, nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 is currently the best app for buying BTC because it doesn't host a casino of shitcoins. #Bitcoin
It’s also easy to link your paycheck to and better now limits have improved significantly
Good on ya mate welcome to the party. Keep on stacking bit by bit as your knowledge and conviction and finances allow. When you are ready don’t forget to take self custody.
I’d love to be able to load a debit card with bitcoin to spend on the current fiat rails.
Reality is the real minimum wage is zero, replaced by robot.
Yes. I think you meant ‘without’ excess taxation. Perhaps ES is close here.
I take 100% of my paycheck in bitcoin and only give up once a month enough to cover my expenses.
Are you talking about the price of gold or the inflation of the supply of gold? I doubt the rate of gold being mined doubled last year.
