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0 sats \ 10 replies \ @Aardvark 11 Dec \ on: I just paid my car note in bitcoin! bitcoin
It's something that I really want to look into, but that involves figuring out all of the tax implications and fees. If doing something like this will be beneficial to my ability to stack more sats, I'll jump on board pretty quick.
Taxes simplified Setting your default balance to bitcoin means that when a bill is charged, Strike will automatically sell the necessary amount of bitcoin to pay your bill, creating a taxable event. However, setting your default to cash and paying bills from your cash balance does not trigger a taxable event. Come tax season, Strike will issue your annual tax document, summarizing all your bitcoin sales for bill payments so taxes are hassle-free.
Here's their rap on taxes. It is basically, "hey trust us, we'll send you some docs." I'm sure some more detailed info will show up at some point, but I'm ready to jump in to be a part of forcing the IRS's hand to make things easier.
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IRS is a joke. Consider doing more research into NOT paying any taxes.
For example: https://www.losthorizons.com/BulletinBoard.htm
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Have to admit, as much as I don't agree with taxes, I'm not sure I'm even there yet ethically (not paying them), let alone risking getting thrown in a cage over it.
I'll read this and your stuff below too.
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When you find out the truth there's no way turning back.
Yet most of the people just go along not wanting to know the truth and live in a complacent slave life.
But you know what? Is their choice, not mine. I don't give a shit anymore. I am just laughing at the "tax payers".... let them pay.
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Google will never tell you that.
But if you read my guides ... you will find out
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You said that most of the time you are driving and is a good time to listen.
Good, here inside this guide you have a list of things to listen (are YT videos but you can also just listen the audio). You will learn a shit ton of new stuff.