Live on Bitcoin. Never Sell.
Bitcoin was designed to be spent. In the US, spending it is a tax event.
Coinbase's tax lead just asked Congress for a de minimis exemption on small BTC payments. Without it, buying coffee with Bitcoin means calculating capital gains on the spread between what you paid and what it's worth at the register. This hurts adoption. A de minimis threshold fixes that for small payments.
The deeper fix doesn't need Congress. You don't spend the Bitcoin at all. Keep it as collateral, spend stablecoins against it. No sale, no capital gains. That's what we're building Xverse Card around: hold BTC self-custodial, borrow against it, spend stablecoins. The taxable moment moves from every purchase to a single loan, which is how large holders already operate.
The exemption would help. Not selling your Bitcoin was always a better answer.