Absolutely, but tax gains is a burden. Instant deposit from bank and spend SATs out of cash balance is a win all around. Spend bitcoin, encourage vendors to continue accepting it and mitigate cap gain tax while spending bitcoin.
Otherwise you need KYC-free SATs to spend without a tax burden which you can't do with Strike.
If you're just holding, this tool isn't for you.
Drew / Drew 🐂🚲
npub1tf…c2lh4
2025-10-09 17:03:02 UTC
in reply to nevent1q…e04r
Author Public Key
npub1tfj5kcu5hwp7esdet7zg667yfekjzysduhvrypq8qnvcywevpt6qkc2lh4Seen on
wss://relay.damus.ioPublished at
2025-10-09 17:03:02 UTCEvent JSON
{
"id": "dc4d3d29136d41a8fba982732e706881def98dcc60646a6537d0ba2d9da6bc6c",
"pubkey": "5a654b6394bb83ecc1b95f848d6bc44e6d21120de5d832040704d9823b2c0af4",
"created_at": 1760029382,
"kind": 1,
"tags": [
[
"p",
"c4eabae1be3cf657bc1855ee05e69de9f059cb7a059227168b80b89761cbc4e0",
"",
"mention"
],
[
"p",
"c9bdb692cef1f403336be7e0a79f8436e6fbc325a0d2e8746c4b7342234e27a4",
"",
"mention"
],
[
"p",
"5a654b6394bb83ecc1b95f848d6bc44e6d21120de5d832040704d9823b2c0af4",
"",
"mention"
],
[
"p",
"c414073f4e466bc4940c67f5af08c9c10354574f04559d0462a6659b4ceb071b",
"wss://relay.snort.social"
],
[
"p",
"c414073f4e466bc4940c67f5af08c9c10354574f04559d0462a6659b4ceb071b",
"wss://relay.primal.net"
],
[
"e",
"6ee8418f0c923453b710e0e3165ec466c5c9a20d3b9c8d3cc1605053d6ce9275",
"wss://relay.snort.social",
"reply",
"c414073f4e466bc4940c67f5af08c9c10354574f04559d0462a6659b4ceb071b"
],
[
"e",
"66663cf6531605767191c95f4d9778e132bacd626fc69c4dfdc7f0393ed7e5dd",
"wss://relay.primal.net",
"root",
"c414073f4e466bc4940c67f5af08c9c10354574f04559d0462a6659b4ceb071b"
]
],
"content": "Absolutely, but tax gains is a burden. Instant deposit from bank and spend SATs out of cash balance is a win all around. Spend bitcoin, encourage vendors to continue accepting it and mitigate cap gain tax while spending bitcoin. \n\nOtherwise you need KYC-free SATs to spend without a tax burden which you can't do with Strike. \n\nIf you're just holding, this tool isn't for you. \n\n",
"sig": "df2726701b21c1f98c3a7901443403848867ed79ffd62136eef67213fc72d1cd3ae97496ba80bce1c7ad980f0478a0cd3633e056e19123e90471e071bef4a60d"
}