Chris Liss on Nostr: Don’t know why this just occurred to me now but if one deterrent for buying things ...
Don’t know why this just occurred to me now but if one deterrent for buying things with BTC is not wanting to deal with the tax consequences (realized gain) why not just (instead of buying with fiat) just buy the BTC on the spot and use it to transact.
IOW, if you buy and send immediately there’s no capital gain, unlike when you buy from a appreciated stash.
I know strike (npub1ex7…vyt9) allows you to do this for Forex (wish they could do it for euros) but would be cool if you could buy $100 worth of meat at the farmer’s market buy going through Strike and they send it to the rancher in BTC.
IOW, if you buy and send immediately there’s no capital gain, unlike when you buy from a appreciated stash.
I know strike (npub1ex7…vyt9) allows you to do this for Forex (wish they could do it for euros) but would be cool if you could buy $100 worth of meat at the farmer’s market buy going through Strike and they send it to the rancher in BTC.