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2026-04-12 23:41:22 UTC

bitcoin4all on Nostr: Retirement accounts are retarded. I’m considering paying the taxes and getting rid ...

Retirement accounts are retarded. I’m considering paying the taxes and getting rid of all of mine.

I don’t care about the tax benefits. They exist at the pleasure of a government that is structurally bankrupt. As a millennial in the USA it is a safe bet that the government will undergo another crisis before I retire and that they will steal/nationalize any assets within their reach.

The IRS already knows I have Bitcoin (regrets) so my biggest risk is that they gate my passport and tell me I have to pay unrealized capital gains or I can’t leave. But under those circumstances the mask is off and it becomes clear that their proposed taxation is theft. (Like the scene in Atlas Shrugged when they torture John Galt). I still retain sovereignty and have the right to say no and accept the consequences. In a retirement account, they just take it.

I’ll take sovereignty, please.