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I have stranded fiat in $MSTR.

I put it there two years ago after realizing owning Barry Silbert was a dead end.

I didn't really expect anything and don't consider (since being radicalized) career retirement+health accounts of mine and my wife as "real" when thinking about our purchasing power.

Fast forward to today, it's somehow grown to nearly 50% of my #Bitcoin, and if Saylor keeps being right, it's going to eclipse it.

I really need to consolidate all of these accounts and migrate them to Unchained for #Bitcoin.

Maybe $MSTR will be able to offer Bitcoin withdraws in some distant future...

William ₿ Travis 1y ago 💬 2

Why Unchained? What's the benefit over pure self-custody?

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Discussion

Hazey 1y ago

It's in a retirement account and Unchained has retirement accounts using self custodied bitcoin so it's a good place to move it without facing massive extortion in the form of taxes and penalties

William ₿ Travis 1y ago 💬 1

I'll look into it.

Laser 1y ago

Hazey's right. You can hold your keys while maintaining the tax advantage posture of a retirement account.

Not without risk: confiscation claims can still ruin your life if the Gov is the one giving them.