<oembed><type>rich</type><version>1.0</version><title>TKay wrote</title><author_name>TKay (npub1nj…7l02j)</author_name><author_url>https://yabu.me/npub1nje4ghpkjsxe5thcd4gdt3agl2usxyxv3xxyx39ul3xgytl5009q87l02j</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>Not sure how many started using Bill Pay from nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 &#xA;I’m going to test it out for 2025.&#xA;&#xA;Not sure though how the taxes will workout. Let’s say bitcoin goes up from when I buy it. Then sell it to pay a bill. The profits are taxed as income tax which is very high, this might bring me down to a net loss? &#xA;&#xA;Does that mean this is only beneficial if the bitcoin price shoots up enough to cover both tax and bill? -&gt; taxes are confusing. &#xA;&#xA;Example:&#xA;I buy $100 worth of bitties, price goes up, it’s now worth $110. &#xA;I pay my electricity bill which is $110. I pay 37% tax on the $10. That’s about $3.7. I still benefited from the $4.3? &#xA;&#xA;Is this math correct?</html></oembed>