Strike vs CashApp vs something else
Strike vs CashApp vs something else
Strike has good HIFO tax cost basis, but no bill-pay (yet). CashApp has bad FIFO tax cost basis, but yes to bill-pay, and they also work with Wells Fargo as their fiat custodian... can be rugged anytime. Strike works with a few smaller banks, more rug resistant. Jack is laser focused on just one company, and he's living it. CashApp is part of a portfolio of companies owned by Block, nothing against Dorsey though. Also, a plus to CashApp is that nocoiners can send you fiat, just like on venmo, not sure if that's possible on Strike. Thoughts?
Strike has good HIFO tax cost basis, but no bill-pay (yet). CashApp has bad FIFO tax cost basis, but yes to bill-pay, and they also work with Wells Fargo as their fiat custodian... can be rugged anytime. Strike works with a few smaller banks, more rug resistant. Jack is laser focused on just one company, and he's living it. CashApp is part of a portfolio of companies owned by Block, nothing against Dorsey though. Also, a plus to CashApp is that nocoiners can send you fiat, just like on venmo, not sure if that's possible on Strike. Thoughts?