Don’t know why this just occurred to me now but if one deterrent for buying things with BTC is not wanting to deal with the tax consequences (realized gain) why not just (instead of buying with fiat) just buy the BTC on the spot and use it to transact.
IOW, if you buy and send immediately there’s no capital gain, unlike when you buy from a appreciated stash.
I know strike (npub1ex7…vyt9) allows you to do this for Forex (wish they could do it for euros) but would be cool if you could buy $100 worth of meat at the farmer’s market buy going through Strike and they send it to the rancher in BTC.
Chris Liss /
npub1dt…4hgu0
2023-11-05 09:42:03
Author Public Key
npub1dtf79g6grzc48jqlfrzc7389rx08kn7gm03hsy9qqrww8jgtwaqq64hgu0Seen on
wss://relay.noswhere.comPublished at
2023-11-05 09:42:03Event JSON
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"content": "Don’t know why this just occurred to me now but if one deterrent for buying things with BTC is not wanting to deal with the tax consequences (realized gain) why not just (instead of buying with fiat) just buy the BTC on the spot and use it to transact. \n\nIOW, if you buy and send immediately there’s no capital gain, unlike when you buy from a appreciated stash. \n\nI know nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 allows you to do this for Forex (wish they could do it for euros) but would be cool if you could buy $100 worth of meat at the farmer’s market buy going through Strike and they send it to the rancher in BTC.",
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