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Topic: [2016-05-18] Americans now can invest their pensions in bitcoin (Read 275 times)

legendary
Activity: 1904
Merit: 1074
I dunno if this is such a good idea, because Bitcoin is still in an experimental phase. I would not invest EVERYTHING into Bitcoin, but it will definitely form a part of my portfolio. We have seen what

has happened to pensioners in Greece and where the value of some of the pension funds are going... so diversifying into some Bitcoins, should be a good hedge against scenarios like these. I have

seen too many pensioners who has lost almost everything, because their life insurance and pension funds were unable to beat inflation. Bitcoin is a short term booster to beat inflation.  Roll Eyes
hero member
Activity: 756
Merit: 500
Thanks for sharing.  More ways to use bitcoin as you would any other currency.  Turning a pension into bitcoin is something I would be interested in. I especially like who is involved in the company:

The Chief Strategist of the company, Edmund C. Moy, who served in 2006-2011 as the Director of the US Mint.
sr. member
Activity: 252
Merit: 250
Americans now can invest their pensions in bitcoin
BitCoinIRA launched in California offers bitcoin investing for US individual retirement accounts. The Chief Strategist of the company is a former Director of the US Mint.
http://www.coinfox.info/news/5519-amerikantsy-poluchili-vozmozhnost-vkladyvat-pensionnye-nakopleniya-v-bitkoiny-2
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