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You're probably right. That's the most sensible answer, but I like hearing other people's opinions.
Side note, I looked into an IRA that I can roll my old 401k into and pick up spot btc etf. So I have resolution on that now too.
60 sats \ 3 replies \ @Signal312 4h
Unchained Capital has IRA rollovers. And I believe Swan and a few others. You can do direct BTC, don't have to buy the ETF.
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Can I do a 401k into it without fucking myself on taxes?
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42 sats \ 1 reply \ @Signal312 49m
Yes, it's not a taxable event just to transfer it.
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Awesome. I'd prefer to have the keys rather than an etf ans it looks like unchained does that, although I'm not sure how that works.
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You 401k fiat savings are handed over to enable bankers to gain greater custody and control of Bitcoins limited issuance- in a form where they expressly prevent and prohibit all Bitcoin held in their custody being used for P2P payments.
Bitcoin as a speculative commodity plaything held by institutional custodians is no threat to fiats MoE hegemony.
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