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bitcoinpup
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2024-11-12 14:37:09

bitcoinpup on Nostr: Hi there, love the show. In response to OrangePillLawyer's boost about adopting a ...

Hi there, love the show.

In response to OrangePillLawyer's boost about adopting a Bitcoin Standard with Fold, this is precisely the strategy I follow.

I have my paychecks direct deposited to Fold, where they're automatically converted to sats. Each month, I sell just enough to cover my fiat expenses as they come due.

One key detail to consider: I don't earn enough to incur federal capital gains taxes, so this approach may be less advantageous for someone with a higher income.

I've outlined my #GetOnZero strategy and detailed my Fold workflow in an article on my website, BitcoinBarks.com.

https://bitcoinbarks.com/Barks/get-on-zero/#wbb1

https://fountain.fm/episode/Ja88fLvmYe0TicmpxCUR

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