US. Bitcoin PENSION launched – but critics warn of HUGE risk as investors may lose ALL capital
BITCOIN could be used in revolutionary new retirement pension systems – although critics argue the new scheme by US company CoinIRA comes with a massive risk as investors could lose all their capital.
CoinIRA provides investors the opportunity to save for retirement by investing in bitcoin, ethereum, and other digital currencies as part of a self-directed individual retirement account (IRA).
A bitcoin IRA works much like any other retirement account. You make regular, tax-advantaged contributions to an IRS recognised retirement account that is set up and administered by a custodian.
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