Subnostr

So do you have a 401k? HSA? IRA? Do you cash those out with heavy penalties to add to your self-custody stack?

ETFs are better than nothing for fiat trapped in tax shelters.

“Tax advantaged” retirement accounts are a scam.

They create a honeypot for the government to seize executive order 6102 style. And the fact that the government must know precisely how much you hold and where is terrible op-sec.

Agree that the Bitcoin ETF is better than most ETFs, but doesn’t compare to real BTC held in self custody. Not even close.

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Discussion

Nate 2y ago

My point is many people still have these tax sheltered items regardless if they are a scam.

So the options are cash them out for 50% penalty or get ETF exposure with them.