Yooper Hodl's avatar
Yooper Hodl 1 month ago
Love the idea of saving transaction fees for merchants. But what about the customers spending lightening sats. Is @jack mallers strike app the only app that instant converts fiat to lightening to avoid taxable spending events? Is there a fee from strike for this service? Does cash app do that @jack @miles 🌞 ? Also, even if it’s not a taxable event, do you still need to record the spending events to prove they are not taxable. Do these apps make nice little reports for the tax man? Most normies aren’t gonna spend in lightening if they are constantly concerned about the IRS. Too much friction for most. @BTC Sessions do you have a tutorial for tax free lightening spending at a square pos?
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