[andrewfong]

Maybe Coinbase sets things up in such a way that the cap gains event is triggered only when the balance is paid off?

E.g. imagine I incur $10 USD on the card. From Coinbase's perspective, I just owe them $10 USD + maybe interest at the end of some fixed time period. I could pay them in USD or I could pay them in crypto. Since it's not mandated I pay in crypto, you can't really say I've "spent" my crypto until I use it to pay off my balance. In which case you only end up with 12 taxable events per year.

I'm sure there's some arbitrage opportunity I'm not accounting for, but it seems like this might work?

[dumbfounder]

It's a debit card, so there is no balance to pay off.

[jkhdigital]

That sounds more like a credit card secured by your crypto assets...

which might be the next product from Coinbase