24 Dec Fuck it, Bitcoin is my savings account now
I’m 27 years old. Savings account at local bank pays 0.0001% interest rate(or some shit).
Why am I keeping thousands of dollars JUST SITTING? I just pulled a Michael Saylor and converted the entire thing to bitcoin. Somehow I feel a little bit of relief knowing that my money is 100% safe from identity theft or my physical wallet being stolen.
Just sold my 401K of $4,000 into BTC. Over an entire 1 year period, that 401K only grew $1000. Bitcoin more than doubled that.
I don’t even care that some older folks I know thought it was stupid. I am young enough that even if this all goes to zero, I can still pay my bills, and have plenty of time to catch up to build retirement fund.
Fuck it. I’m all in.