Damus
Dr. Jeff · 67w
Two serious questions: 1. Do you live on a #Bitcoin standard? 2. If so, do you have any regrets?
VashTS profile picture
We are a young family, keep a significant fiat reserve for bills/immediate expenses. I don't want to have to sell SATS to repair a car or replace a water heater. I could really use some coaching on how to swing it for 2 reasons.
1 how to deal with taxes (I do see strike has a system to help)
2 (most importantly) what happens when BTC goes down and now I'm selling BTC at a loss to pay for cars/water heater
❤️3
frenchHODL · 67w
For 2, Bitcoin is fungible. Why would you consider it's the latest Bitcoin you bought that is being sold? Why not the Bitcoin you bought 5 years ago that is up 4x?