Garrett
@garrett
Picked up my metal Metamask card last night and going to test it out today buying coffee (s/o @njl for the invite to the Metamask x Pudgy event!)
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triumph
@triumph
feel like such a dorkass asking this but wouldn’t this be a huge pain in the ass for taxes if us based? using eth where mm presumably swaps on backend obviously but even using stables counts as a taxable event afaik
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Garrett
@garrett
You have to preload USDC (on Linea) onto the card Basically, it works like a Cash App card or a Venmo card
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Daniel
@danieljosep
Not exactly! You give permission to spend the usdc and can at any moment but it's not preloaded (this is what other cards do). If I decide to stay in one night & not shop I can pump that usdc into aave or compound because it's still my EOA, not a preloaded card balance (like ledgers card)
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Garrett
@garrett
Ok good clarification but I still need to have USDC on that address which is what I meant but yes I agree that it's not fully "preloaded" bc you can always do other stuff with the USDC on the address connected to the card
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