NotBiebs on Nostr: When you make payments from the cash wallet on Strike, it’s not a taxable event. ...
When you make payments from the cash wallet on Strike, it’s not a taxable event. The taxable event is on Strike. You never own the bitcoin. Strike sends their bitcoin to the recipient and deducts the USD amount from your balance.
Published at
2023-07-14 03:28:06Event JSON
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"pubkey": "604e96e099936a104883958b040b47672e0f048c98ac793f37ffe4c720279eb2",
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"content": "When you make payments from the cash wallet on Strike, it’s not a taxable event. The taxable event is on Strike. You never own the bitcoin. Strike sends their bitcoin to the recipient and deducts the USD amount from your balance.",
"sig": "abc39e2e6ade181548364cd41978bb47531d5a80653ccf501fdbddb99ae07486a387836e95dfa5b258a4055714f4a06d863fb90a253e2bd93aee0289db98ee5b"
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