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/biz/ - Business & Finance


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29859947 No.29859947 [Reply] [Original]

"But anon, you can use the card to get 2.5% in BTC back! Isn't that a good thing??"

>> No.29860374

>>29859947
Credit cards are good for the whopping 5% of the population that pays them off monthly and has some self control. Having said that, I have 2 cards with a 10k and 30k limit that I rarely touch

>> No.29860398

>>29859947
And build up your jew score, win win

>> No.29860419

Whats the best crypto card anons?

>> No.29860422

I will get this card asap

>> No.29860468

>>29859947
how can an american even use these? Every single time you use it you pay a capital gains tax on the transaction? absolutely unusable

>> No.29860552

>>29859947
In all seriousness what’s wrong with this card? Seems like a pretty good deal?

>> No.29860587
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29860587

>>29859947
Apparently some anons are too autistic to own credit cards

>> No.29860682
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29860682

>>29860468
>paying taxes

>> No.29860735

>>29859947
>>29860552
Obviously what's wrong is it has an annual charge you retard. There's no reason to get a card that costs money when there exist cards that don't cost money.

>> No.29860870

>>29860468
what? capital gains taxes on a fucking credit card purchase? are you fucking retarded?

>> No.29860935

>>29860682
The table I want on my yacht costs $450,000 anon. Any purchase over $10,000 automatically gets reported and put on your 1099 and you need to account for it.
Trust me I totally get you monero dudes and your anti tax outlook but what are you gonna do? Live in a shack your whole life? Unless you drop your US citizenship and pay your exit taxes then you're at risk of getting fucked. I don't wanna "make it" but then never make a purchase in my life over $1000

>> No.29860973

>>29860735
yeah 200 dollar a year fee it sounds like it might be worth it to have it for the first year because of all the bonuses but who the fuck knows

>> No.29861014

>>29860870
No you use your crypto to fund the card by selling it, that technically incurs a taxable event because your selling out your asset. Either short term or long term. Meaning for americans who want to keep a crystal clear record so we can get a swiss bank account someday, its a huge pain in the ass.

>> No.29861040
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29861040

>>29860374
this
I have 3 cc just so I can maximize money back promos. I typically get $200-300 back a year
it’s literally free money if you’re not a nigger and I’ve never paid interest in the 8 years I’ve used them

>> No.29861052

>>29860419
Black cryptodotcom card, i could only afford the white one.

>> No.29861064

>>29860374
??????
I only use credit card for all purchases?
This is not standard?
Who the fuck doesnt pay off their credit card debt at the end of the month?

>> No.29861132

>>29860419
Crypto.com cards are the best imho

>> No.29861155

The CRO credit card is actually pretty good. There's no fees, you generate CRO and you get cashback rewards. Plus free Spotify and Airport Lounge access (when we can actually fly)

>> No.29861189

>>29860468
>there are people who are this retarded on /biz/

>> No.29861260

>>29860374
I needed credit cards to buy things online for the longest time, they finally released debit cards you can use online here so now I never use my credit card, but I never once missed a payment on it and never spent more than was in my debit account

>> No.29861274

>>29861189
Do you not fucking understand how you fund the cards? Or are you just talking about yourself.

>> No.29861331
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29861331

>>29860468
>People like this exist

>> No.29861334

they don’t have link

>> No.29861626

>>29861064
In freedomland, almost everyone carries a balance on their credit cards. The average person has 5-6 credit cards

>> No.29861888
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29861888

love this

>> No.29861942

>>29859947
Where the FUCK can I get a Bitcoin credit card?

>> No.29861958

>>29861888
it looks so fucking pretty anon i wish i could afford it

>> No.29862116

>>29861888
Based, I have the Ruby too

>> No.29862277

>>29860935
>Too poor to by a yacht with a table.
NGMI

>> No.29862480

>>29860398
this

>> No.29862684

>>29860374
It's amazing to me. I have all my credit cards set to auto pay and I simply do spend more than I make. I absolutely cannot fathom how retarded you have to be to have CC debt in the age of "Check box to auto pay". 1.5% off literally everything.
That being said I think that BlockFi card has like a 200 dollar a year fee, so fuck that.

>> No.29862818

>>29860398
Don't you want to be a good goy?

>> No.29863322

>>29859947
>$200 a dollar a year in fees
Just get and stake CRO and get that 8% cash back with free netflix, spotify and amazon prime
pskkyt3jj5 if you want a referral code

>> No.29863450

>>29860735
If you have at least $10,000 on BlockFi, the yield boost cancels out the $200 annual fee.

>> No.29863596

>>29859947
how does it even work
and why would i want to use crypto to pay for something

>> No.29863646

>>29863322
doesnt that card require staking of the equivalent of $735000?

>> No.29863706

>>29863596
So you're not getting taxed by everyone and their cousin for legal advice and transactions and loans and delays.

>> No.29863731

>>29860935
Can't you just move to puerto rico? Still a us citizen, no exit tax and no cap gain tax. At least that's what I heard.

>> No.29863736

guys I'm ready today.

Currently -5%, purchased top three during yesterday's lowest dips..

>fee
>low volatility
>stubid investment and trading for whole day

only one point saves my wallet - yield farming and lp staking on YVS Finance. Look at it if you don’t want to risk

>> No.29864081

>>29863646
yes but you can still stake for the ruby card which is spotify and 2% back
Since this coin will hit $1-2 if you invest now you will be able to grandfather your investment into the next card with no problem
This is the new normie coin ever since the card came out and when you search up crypto on google the first two things are coinbase and crypto.com
Coinbase is a cuck and doesn't offer much of anything and will get taken over by better exchanges Like Mobiepay and crypto.com
USE MY CODE FAGGOT pskkyt3jj5