Paying a Strike request from your Bitcoin wallet is a taxable event. You’re selling your bitcoin when you do this.
Also, there is a small spread.
Well I am a retard. Thanks for clarifying. I wish I could correct the misinformation I have posted.
Does Elon need to buy Stacker.News just so that we can get an edit button?
We have edit button for 10, minutes... :) But yeah, for extra sats it would be nice
Haha no worries. Hopefully people read the comments.
The 'too good to be true' sentiment led me directly to the comments. Where do you take out your BTC-backed loans? Celsius or similar?
I don’t take out loans. I mine fiat and live a simple life. I’ll prob go with Unchained Capital for a loan if I ever need extra cash for a large purchase.