Richie_BTC_Rich on Nostr: Let me get this straight . Direct Deposit to Strike BTC = ~1% fee . Paying bills via ...
Let me get this straight . Direct Deposit to Strike BTC = ~1% fee . Paying bills via strike via ACH = another ~1% fee . If you are living paycheck to paycheck (spending all your paycheck) you are effectively loosing ~2% to just fees . The only benefit would be if BTC goes up between the Direct Deposit and the time you Pay the Bills and that is after the roughly 2% you paid in fees. But really if you are spending all your paycheck then your living on a bitcoin standard has little to no benefit . Am I wrong ?
Published at
2025-01-06 07:35:50Event JSON
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"content": "Let me get this straight . Direct Deposit to Strike BTC = ~1% fee . Paying bills via strike via ACH = another ~1% fee . If you are living paycheck to paycheck (spending all your paycheck) you are effectively loosing ~2% to just fees . The only benefit would be if BTC goes up between the Direct Deposit and the time you Pay the Bills and that is after the roughly 2% you paid in fees. But really if you are spending all your paycheck then your living on a bitcoin standard has little to no benefit . Am I wrong ? ",
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