I’m in the minority in that I’d like to be able to spend my cryptocurrency in a way that:
1. The card handles also selling some off for taxes every transaction and put that in an interest-accruing account.
2. The card tracked my capital gains for each transaction for easy reporting on taxes.
3. The card provider will help manage fees - I’d rather bulk deposit funds to a layer2 and have fee-less payments over having to wonder what the current network fee is.
I’d prefer if it wasn’t MasterCard since I use Visa cards, but I can’t complain too much.
The reason I want this is that I have a lot of money in cryptocurrencies and I’d rather not sell them into other assets at the moment.
1. The card handles also selling some off for taxes every transaction and put that in an interest-accruing account.
2. The card tracked my capital gains for each transaction for easy reporting on taxes.
3. The card provider will help manage fees - I’d rather bulk deposit funds to a layer2 and have fee-less payments over having to wonder what the current network fee is.
I’d prefer if it wasn’t MasterCard since I use Visa cards, but I can’t complain too much.
The reason I want this is that I have a lot of money in cryptocurrencies and I’d rather not sell them into other assets at the moment.