Literally same🤌
#Bitcoin nostr:note1pehreqa73kcxr3346huw08v38epnzdvwr3vn3z86q2lepgynzqsssyhjwg
Yeah, so it’s only subject to capital gains/losses reporting if you trigger a taxable event.
Taxable events for Bitcoin (as it’s currently coded) are:
1. Converting into another crypto asset
2. Selling for Fiat
3. Exchanging Bitcoin for goods/services (paying with it)
CashApp only reports what you currently hold and/or bought, sending to an external wallet you hold or keeping it in CashApp doesn’t trigger a taxable event.
Additionally, Cashapp provides you with your tax forms and comes with free filing.
TLDR - Don’t sell your Bitcoin for Fiat or use it to buy things while the funds are tagged as KYC (You shouldn’t want to sell your Bitcoin for fiat on principle anyways😉)
*Not Financial or Tax Advice - DYOR
I try to avoid it naturally, along with all other seed oils. But what are you referring to? 
Before you No-KYC’ers/Tax Evaders jump at me, I said THE AVERAGE pleb😂
It will all evolve one day..
(Get paid in Bitcoin to skip 1 & 2)
1. Setup direct deposit with CashApp
2. Convert Fiat to #Bitcoin
3. Buy goods/services using BitRefill, TheBitcoinCompany, Fold and nostr:npub16s47l3qakjc204n9weuzdptv3ewadgvasgz2gm4mus8ftp0ss9pqm4ux4x
4. Stop using Fiat altogether
5. Congrats you are now living on a Bitcoin Standard!
It really is this simple folks!
What do you think? Am I missing anything? Any advice or shameless plugs for additional services?
Yes I know this is simplified to an extent and there are probably one-off incidences that you have to use the legacy financial systems for, but as the Bitcoin ecosystem gets larger and more mature, the need for the old system dwindles!
However, I’d argue that there is a company/service for just about everything in the Bitcoin ecosystem present day though. You just need to do the research and/or network to find it!
(Get paid in Bitcoin to skip 1 & 2)
1. Setup direct deposit with CashApp
2. Convert Fiat to #Bitcoin
3. Buy goods/services using BitRefill, TheBitcoinCompany, Fold and nostr:npub16s47l3qakjc204n9weuzdptv3ewadgvasgz2gm4mus8ftp0ss9pqm4ux4x
4. Stop using Fiat altogether
5. Congrats you are now living on a Bitcoin Standard!
It really is this simple folks!
What do you think? Am I missing anything? Any advice or shameless plugs for additional services?
Removing capital gains tax on #Bitcoin will be the final barrier for the average pleb to live completely on a Bitcoin standard with no hesitation.
This is due to the removal of the tax burden on buying goods/services with Bitcoin.
When is the cutoff for the zaps for you to double? It’s 0945 for me rn in CDT (UTC-5)
GM☕️ Love the Friday Night Lights reference🤙🏼
So true though. Nostr fixes this🤌
#Zapathon #Memestr 
Wait, I must have missed nostr:npub1jg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksvl6n8n ‘s zapvertising?? I need a new HWW, hook a brother up😫😂 nostr:note17u3w2neavgzxswrl78828m77hypqg9davjags4ttj4ae0q6cj6hsgw4mqu
For the culture🫳
#Zapathon #Memestr 
Where is the lie though🤷🏻♂️
#Zapathon #Memestr 
Wait a second, is nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg conducting an undercover #zapvertising event during a #zapathon..?
That’s actually pretty dang smart👀 
😂🤷🏻♂️
#Memestr #Zapathon 
Y’all check out the daily Bitcoin giveaway and send a few sats their way for a chance to win tomorrow! nostr:note1qlgfv58k05lh9jtcv5jhutrr8nae0a4rpzhq5h4fmje3tfyfhtrqx43hcx
Awesome articles man, thanks for sharing!
I’ve always stuck with 1M Sats+ UTXOs. Learned a lot from those articles though!
GM Maria!☕️ have a great day!
GM Ewelina☕️ Have a great day!
Umbrel vs Start9 for beginner node-runner?
I know for beginners Umbrel’s UI/UX is deemed superior, and I know the privacy maxis will suggest Start9, but is the privacy that big of a difference between the two?
#AskNostr #Bitcoin
Sleep? No.
Lay uncomfortably while in a defensive striking position? Yes😂
Another episode of THE Bitcoin Podcast, another zapvertisement🤙🏼
This one is all about inflation!
https://podcasts.apple.com/us/podcast/the-bitcoin-podcast/id1694392423?i=1000624555293 nostr:note1kwmg8m4m8ga2w0vpdtg80lh98y80yyyhxzmdxymy8xapy4dpxgys93a99d
This makes me think of nostr:npub1mrvra20whxj66gn5syp75n3nzq6cdydnes5msnan3uupef33q7cslndald 😂
Just helped my little sister with her first #Bitcoin purchase!
She needed me to facilitate a payment to her as a middle man and so I made her download CashApp. We got the referral bonus (I got $10, she got $5) and I made her convert it to Bitcoin right away & told her I’ll send her $5 in the future if she ever needs it and not to touch that Bitcoin, just forget it’s even there!
She’s nowhere close to the cold storage and/or self custody discussion yet, she’s still young and doesn’t even understand our economy/fiat, much less Bitcoin, but baby steps!
According to nostr:npub1pwz3959npp8rvrtdyc3g022dz594klp0q5rxtqsw63grhe58anhsh3tdyp thesis, that purchase alone (17,135 Sats) will ensure she’s set in the future if/when we enter The Bitcoin Standard.. either way she’ll be thanking me one day!!
#Proud #BitcoinNostr
Inspired by nostr:npub1m64hnkh6rs47fd9x6wk2zdtmdj4qkazt734d22d94ery9zzhne5qw9uaks recent note lol
#Plebchain,
How many hashtags is too many in a note?
I try not to exceed 3-4, but curious on the general consensus on what’s spammy/annoying.
#AskNostr
Love this perspective!
I’ve actually been thinking about this a lot lately. Crazy to think about!
It’s funny bc it’s true🤷🏻♂️
#Memestr #NostrMemes #Memes 
GM/GA/GE Nostr☕️
Taking a break from sharing #TodayInHistory & will instead share a #FunFactOfTheDay:
Studies show that the average woman cannot keep a secret for more than 47 hours. One specific study surveyed 3,000 women aged 18 to 65 and concurred with the above, showing that women are overcome by a burning desire to share gossip with at least one person within two days of hearing it.
#CoffeeChain #WomenOfNostr 