If you’ve spent any time in this space, you’ve probably heard the phrase: Bitcoin is savings technology. That’s because Bitcoin solves a very specific problem—the inability of fiat to hold value over time.
Here’s the reality:
Bitcoin fixes this.
If you’re holding fiat in a savings account, you’re playing a game you can’t win. Bitcoin is the better tool for preserving value over time.
Before looking at how you spend, it’s worth considering where you’re storing your wealth. If your savings are sitting in fiat, they’re slowly losing purchasing power over time—that’s just how the system works.
Bitcoin offers an alternative: a way to protect your wealth in something scarce and reliable. Once you’ve addressed that piece—and your savings are no longer being held in melting fiat—you might start asking: What about the money in my checking account?
That’s where Strike Bill Pay comes in. It’s a simple, practical tool that connects your Bitcoin savings to the everyday expenses you still need to handle in fiat, removing the need to hold fiat to pay fiat bills.
Here’s where things get practical. Even if you’re saving in Bitcoin, you still live in a world where bills—rent, mortgages, utilities, credit cards—are denominated in fiat.
What do you do?
This creates a gap:
Bitcoin is where you want to save your wealth.
Fiat is where you still need to spend your wealth.
You need a bridge.
Strike Bill Pay is that bridge. It lets you hold your value in Bitcoin while seamlessly paying fiat-denominated bills. No headaches, no extra steps, and no need to rely on a traditional bank account.
Here’s the beauty of Strike: it integrates directly into the traditional system without requiring you to deal with it.
Here’s how it works:
Strike Provides a Standard Bank Account
You Set Up Bill Payments
Strike Converts Bitcoin to Fiat on the Backend
It’s seamless. You save in Bitcoin and Strike handles the fiat side when you need it.
Now, I get it—this might sound like a big leap if you’re new to the idea of using Bitcoin. You don’t need to move all your bills over to Strike at once.
Start small.
What happens?
Why Start Small?
This isn’t about forcing you to flip a switch overnight. It’s about building comfort with tools that let you take control of your money. When you see how simple it is, you may find you'll want to scale up.
One of the practical benefits of using Strike is its straightforward fee structure. Strike charges a standard 0.99% fee when converting Bitcoin to fiat and vice-versa. But here’s where it gets interesting: the more you use the service, the lower your fees become.
Strike’s fee tiers are designed to reward activity:
Why It Matters:
When you’re living on Bitcoin—covering bills, expenses, and purchases—those fees can add up. Strike incentivizes regular usage by giving you a clear path to reducing costs. The result? Your bill-paying process becomes not only seamless but also more efficient and cost-effective over time.
If you’re managing everything—mortgage, utilities, credit cards—through Strike, it’s likely you’ll hit lower tiers quickly, making the service even more competitive.
If you’re already holding Bitcoin as savings, Strike Bill Pay is the final piece. It lets you operate entirely in Bitcoin while still managing your fiat-denominated obligations.
Here’s why it matters:
It’s the bridge that completes the Bitcoin-first financial strategy.
One of the best parts about Strike is that it’s flexible. If you feel the need to keep some fiat on the side, it’s as simple as pressing a few buttons.
Strike gives you the tools to adapt your strategy—no friction, no complexity.
When using Bitcoin to pay bills, it’s important to understand the tax implications. In the United States, Bitcoin is considered property by the IRS. This means that any time Bitcoin is converted to fiat (like when Strike pays a bill for you), it’s a taxable event.
Here’s how it works:
Example:
Conversely:
How Strike Helps:
Strike simplifies this entire process by providing:
Why This Matters:
Keeping track of Bitcoin transactions manually can feel overwhelming. With Strike, all the reporting is done for you, so you can stay compliant without stress. Whether you’re dealing with gains, losses, or flat conversions, Strike helps you navigate taxes with transparency and simplicity.
Bitcoin is savings tech. It fixes the root problem—where you store your wealth.
Strike Bill Pay is the tool that lets you:
Here’s my challenge to you:
You don’t need to jump in all at once. But as you experience the benefits— no friction, and no headaches—you might find yourself wondering: Why don't I use this for all my fiat needs?
Strike Bill Pay isn’t about forcing change. It’s about offering you tools that work better. Save in Bitcoin, spend seamlessly, and start building a future where your money works for you—not against you.
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Curious how I found Bitcoin? Read "Paw Prints to the Timechain"
Bitcoin meets psychology? I touch on this in "Maslow's Apex"
Want to understand the basics of Bitcoin? Read "Bitcoin Best Practice"
If you like seeing bad media takes unpacked, check out "Pup's Double-Takes"
Exploring Bitcoin, economics, finance, and many other subjects through personal insights and reflections.
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