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19 sats \ 11 replies \ @j7hB75 29 Jan \ parent \ on: Critiques of "Non-Kyc" Bitcoin bitcoin
Strike offers the option to direct deposit your paycheck into your account and convert all or some of your paycheck into Bitcoin. Bitwage does this and probably more. However, both services require personal information. You seem pro Bitwage. Are you opposed to Strike in this sense?
No. I am pro any option to get your wage directly in btc and don't do any shity dca.
DCA is for pussies.
Anyways, bitwage, strike and other wage services are only a transition to a full direct payment in btc.
For example I used bitwage from 2015 until 2018 meanwhile I did an intensive work of convincing my clients to pay me in btc.
Then from 2018 I start being paid in btc directly so I didn't need bitwage anymore. Only sporadically with temporary clients that haven't btc.
The difference between strike and biteage is that with bitwage you do not need any bank account in your name.
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no. the whole point is to never touch fiat.
DCA means you are chicken shit buying sats with 20 cuckbucks every week.
go full in and convert every single cuckbuck you have into sats
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Sounds good. Okay, so after I go all in by converting my paychecks into Bitcoin, how do you feel about services like Bill Pay that Strike provides to pay bills with Bitcoin? Also, how do you handle budgeting when the price of Bitcoin in terms of fiat changes when you need to pay fiat bills? Roll with the punches?
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Maybe pay all your bills first... then whatever is left goes to Bitcoin.
You have to budget so that Bitcoin can be down 50%.... and still DCA into Bitcoin while paying your regular bills.
As far as Strike bill pay, I have heard good things about it, however any bill paid is a capital gains tax event at least until Mr Trump removes capital gains taxes around Bitcoin.
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OMG this is so "fiat mindset"... that I can't even grasp
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on bitcoin standard you spend the sats only on what things that really matter.
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