Yes, it's true, and I have evidence to back it up. I started squatting about a year and a half ago. Yeah, I've gotten stronger, along with all the other "benefits" of squatting. You know, I've had to buy new clothes several times, can't find pants that fit well, etc etc. And now to top it all off, I noticed I have no hair on my inner thighs.
Get on dat propecia son.