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21 sats \ 2 replies \ @riberet19 1 Jul \ on: Favorite Bitcoin "credit" cards bitcoin
I don't see the need to use a BTC credit or debit card, what is the difference then from using fiat money? I prefer to make payments in Lightning or even with the main Bitcoin chain, even if there are not so many options.
Maybe they get BTC (or crypto) cashbacks.
Maybe for tax reasons too: if you spend fiat from an overcollateralized Bitcoin credit line, it’s not a taxable event (as far as I understand).
This way, you can “live off bitcoin” without incurring a capital gains event.
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