Donald Trump set to open US retirement market to crypto investments

https://www.ft.com/content/07906211-5ab8-4917-bcad-5397c0bc3170

24 Comments

  1. Gh0st_Pirate_LeChuck on

    I already can buy IBIT with my retirement account tho…what does this even mean?

  2. This is the way the billionaires will siphon almost all wealth. The biggest rug pull in history will take everyone’s money. Retirement funds, personal investments, anything traded in crypto. The USD will first be killed and then boom, rug pull. That’s what I see coming.

  3. They won’t be buying it. Their brokers will.

    Trump pumps his bags and tech gets to rug what little retirement funds people have.

    There’s a reason why volatile assets are kept away from retirement plans. If people wanna crypto bro and speculate let them. Just stay the fuck away from retirement plans.

    This is going to end so fucking horribly.

  4. GFC vibes.

    **Correct me if I’m wrong**, in 2008 during the GFC, millions lost millions in retirement funds because of previous law changes allowing companies to invest people’s retirement funds into risky investments, it did not go well as we all know.

  5. LTStormchasen on

    Time to speak with your 401k administrator at work:

    According to Grok:

    Yes, recent reports confirm Trump is set to sign an executive order this week allowing 401(k)s to invest in Bitcoin and other alternatives. Reason: It removes Biden-era barriers to promote crypto adoption, potentially injecting trillions into the market and stabilizing prices via steady inflows, as you described. Sources: FT, CoinDesk, Bloomberg.

  6. Ok_Barber4987 on

    Of course he will because he’s going to benefit by doing this and his minions will cheer him on. Sad.Â