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Strike Bill Pay Follow-up

Part 2 - "Discovering" a lucky opportunity1
So Saturday, I paid my Discover card using the Strike Bill pay2. First though, I set up a mock sell order with Strike to see how many sats it would cost to have sold at that point in time to check again and see what the difference would be. Well, as you may have seen, the dollar dipped hard yesterday, and since I had used bill pay instead of selling the bitcoin myself and waiting for it to transfer to my bank, by the time the charge hit my Strike account this morning, the difference was 21,332 sats in my favor. That is despite and after the $6.37 Strike fee. 21,332 sats. That's the amount one gets for writing a flaming hot post on SN or maybe an hour of work at Chipotle. My point is, it's significant, but it's not nothing.
The lesson: well nothing really, this is just kind of neat and maybe something worth thinking about. I'm not sure exactly what the take-home is, but at least we all have a better idea of how this service plays out in different scenarios. Ultimately, I was just lucky that the dollar dipped at this moment instead of bitcoin. Short term, either of them can change and that's just the risk of having to hold to pay certain bills with the currency backed by violence.
Cheers to the day we can pay more bills direct with bitcoin.

Footnotes

  1. Concerning the brutal pun in the title, no disclaimers, apologies, remediation, or repentance will be offered.
  2. I feel it may be important to clarify with all of these posts that I'm not holding millions of sats on my Strike, as that would be very insecure and irresponsible. I just try to put enough on there to make sure that these bills go through even if bitcoin has a 10% dip over the time frame between paying the bill and it settling.
I managed to pay my utility bill with my sats gained from Million Sats Madness this March. I tried to replicate this success in April but somehow failed. Your account made me want to try again! Good job 👏
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Nice! Congrats on the March success!
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Nice come up on the sats
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