A mod at r/bitcoin suggested that someone cash out their 401k and put it into BTC

https://np.reddit.com/r/Bitcoin/comments/i19uta/bitcoin_newcomers_faq_please_read/ggxam7r/

What the fuck like the whole “hodl never stop buying because other people keep buying and number go up so it’s a store of value” thing seems like a Ponzi scheme (not to mention tether) but telling someone to cash out their 401k (which means losing a large portion to taxes and the penalty) to buy BTC wtf

Ok that’s all I just thought this was pretty insane and wanted to say that here

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source https://www.reddit.com/r/btc/comments/kk8t3v/a_mod_at_rbitcoin_suggested_that_someone_cash_out/

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