Strike vs CashApp vs something else
Strike has good HIFO tax cost basis, but no bill-pay (yet). CashApp has bad FIFO tax cost basis, but yes to bill-pay, and they also work with Wells Fargo as their fiat custodian... can be rugged anytime. Strike works with a few smaller banks, more rug resistant. Jack is laser focused on just one company, and he's living it. CashApp is part of a portfolio of companies owned by Block, nothing against Dorsey though. Also, a plus to CashApp is that nocoiners can send you fiat, just like on venmo, not sure if that's possible on Strike. Thoughts?
AlejandroHODL / AlejandroHODL ⚡ 🧡 ☮️ 🧘🏻🔥
npub1857…asry
2024-05-06 22:40:37
in reply to naddr1qq…xkwj
Author Public Key
npub18576m757fr0vwukvkqrh490c80lfshy0hucvrvql095lswzrm20qnyasryPublished at
2024-05-06 22:40:37Event JSON
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"content": "Strike vs CashApp vs something else\n\nStrike has good HIFO tax cost basis, but no bill-pay (yet). CashApp has bad FIFO tax cost basis, but yes to bill-pay, and they also work with Wells Fargo as their fiat custodian... can be rugged anytime. Strike works with a few smaller banks, more rug resistant. Jack is laser focused on just one company, and he's living it. CashApp is part of a portfolio of companies owned by Block, nothing against Dorsey though. Also, a plus to CashApp is that nocoiners can send you fiat, just like on venmo, not sure if that's possible on Strike. Thoughts?",
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