A-A-Ron on Nostr: I use Cash App as my "bitcoin checking about". I get paid in BTC as a direct deposit ...
I use Cash App as my "bitcoin checking about". I get paid in BTC as a direct deposit to my Cash App. Cash App has an account and routing number associated with the account, which takes care of online bill pay including mortgage. Cash App debit card can be loaded to Google Wallet, so I can use physical card or Google Wallet on phone for paying at the register. I float about a month's worth of the budget as USD in the cash amount on the app (just like I would in a normal bank checking account). This ensure there's cash to pay bills, but also let's me maintain a bigger to take advantage of bitcoin price volatility. If price is up, I sell more to cover bills for the next month. I also really like using Bitrefill gift cards that I buy with bitcoin, then load on the apps to make purchases. Cash App creates a 1099 form for taxes which gets automatically uploaded into Turbo Tax.
Published at
2024-10-13 01:50:29Event JSON
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"content": "I use Cash App as my \"bitcoin checking about\". I get paid in BTC as a direct deposit to my Cash App. Cash App has an account and routing number associated with the account, which takes care of online bill pay including mortgage. Cash App debit card can be loaded to Google Wallet, so I can use physical card or Google Wallet on phone for paying at the register. I float about a month's worth of the budget as USD in the cash amount on the app (just like I would in a normal bank checking account). This ensure there's cash to pay bills, but also let's me maintain a bigger to take advantage of bitcoin price volatility. If price is up, I sell more to cover bills for the next month. I also really like using Bitrefill gift cards that I buy with bitcoin, then load on the apps to make purchases. Cash App creates a 1099 form for taxes which gets automatically uploaded into Turbo Tax.",
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