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A Bitcoin IRA Instead of Social Security?
MacKenzie Sigalos of CNBC takes on the issue of Bitcoin by profiling a registered nurse in Minnesota named Matthew Roed who is putting more faith in it than Social Security. The article notes BitcoinIRA launched in May of 2016, offering investors the tax-advantage of an IRA, plus the return of a high-risk, high-reward alternative asset class. The company has more than 100,000 individual account holders, including clients as young as 18-years-old. But, volatility remains a major concern and obstacle to more widespread adoption of this as a retirement savings option. Read the article here.
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