no₿ody™️🧱 @noBody𓅦🧱 - 1y
#ProTip - if you have Strike and you wanna buy something from a merchant that offers a discount for paying in corn, use strike to fill an invoice from your cuckbuck balance You spend cuckbucks, they get corn, you get the stuff, everyone is happy
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Nope it doesn’t matter, you are just using your fiat balance. Strike handles the tax implications on their end There are two different ways to send btw: from your fiat balance or your sats balance. What you said would apply to sending your sats balance (in theory)
Not sure exactly how they report what, but i assume they leave it up to you to determine your own taxes for stuff like that I think exchanges generally do chainalysis so that they can tell the government they kicked off all the criminals they found and stuff, so they can be compliant and continue operating - as opposed to nitpicking which individual transactions they think are taxable events on your behalf. That part is up to you Please note that i am to some degree talking out of my ass here. Just my impression of things
Interesting that you look at it that way. Some feel the opposite, that sending to cold storage from your strike cash balance is actually a way to stack non-kyc corn 😂
Same as above, but operating under the assumption that they don’t necessarily assume or even care whether the receiver it’s you
