Couple articles I came across. I am not very familiar with these new IRS rules. Per wallet cost basis starting Jan 1, 2025 seems to be intentional to dissuade using bitcoin as a medium of exchange. https://help.coinledger.io/en/articles/10309974-how-will-coinledger-support-new-per-wallet-cost-bas...

1. Not yet, but heavily considering. 2. I am still skeptical. I’m concerned of selling BTC in a bear market, and PTSD from FTX/BlockFI. If I am all in on nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9, let’s say, and something goes awry (banking crisis, government overre...

Thinking about it this year for sure. The whole “I can’t transition cause CGT” problem doesn’t make sense to me. Yes it sucks it exists, but that’s the reality of a money that increases in purchasing power. It’s still paid out of a percentage on the gain, not the entire amount so you’r...

How are you doing the taxes when living on a #Bitcoin standard? Where I’m from every transaction has to be reported and is a taxable event.

Yes. Yes, that i didn't do it sooner.

Beginning this month, I am having my paycheck direct deposited to Strike and gradually taking over bill pay from my traditional banking account. A little nervous but looking forward to saying good-bye to fiat!

Yes! That I had to sell any of my bitcoin to pay bills.