Hodler liquidates to repay dad and mom’ mortgage

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Hodler liquidates to repay dad and mom’ mortgage

Reddit’s r/Bitcoin neighborhood continues to tug on our heartstrings. On Thursday, a consumer by the identify of “bigtony96” claimed to have bought



Reddit’s r/Bitcoin neighborhood continues to tug on our heartstrings. On Thursday, a consumer by the identify of “bigtony96” claimed to have bought their total Bitcoin (BTC) stash to repay their dad and mom’ mortgage. 

The Redditor supposedly unloaded a complete of 6 BTC gathered over the previous three years to shut out the remaining stability on their dad and mom’ dwelling. They mentioned there was sufficient cash left over to cowl taxes and, presumably, purchase a brand new automobile.

“Right now is the day I’ve dreamt of for the previous a number of years, and it feels so surreal,” the consumer mentioned.

Within the submit, bigtony96 defined their motivation for wanting to assist their dad and mom, whose restaurant enterprise was ravaged by authorities lockdown orders:

“My dad and mom are every little thing to me […] They’re within the restaurant enterprise and the pandemic compelled them to burn via a big chunk of their financial savings, and so they stress out over funds each single day. My dad at all times advised me sooner or later he’ll retire as soon as the home is paid off, and that day is lastly right here.”

Whereas bigtony96 didn’t specify precisely when the BTC was bought, the sale doubtless occurred on Thursday, as evidenced by the title of the submit: “Simply bought to repay my dad and mom’ mortgage”.

Bitcoin’s value surged above $40,000 on Thursday in a exceptional present of pressure. As Cointelegraph reported, it took BTC lower than three weeks to double in value from $20,000.

This isn’t the primary time Cointelegraph has picked up on intriguing tales from Reddit’s Bitcoin and crypto communities. Earlier this week, we reported {that a} consumer bought his free Reddit Moon tokens to make lease after burning via all his financial savings. One other managed to covert his Moon tokens, that are earned via neighborhood engagement, into Bitcoin for large earnings.