Quote from: Orpichukwu on August 07, 2025, 09:21:41 PM

Quote from: BTCETFInvestor on August 07, 2025, 08:56:06 PM

Trump Signs Order that allows Cryptocurrencies in 401(k)s

Will it be a boost for Bitcoin?

It's not about bitcoin, but the approved order is about crypto in general, so if there should be an effect, it should be on altcoins, which Trump will prefer to sell the idea to his people.

For the meantime we don't know who among employees will want to use that; inflation alone is a disaster in saving fiat for years. Talk more of accumulating a shitcoin as part of your retirement which you might come back in the next 50 years to see all your years of hard work worth nothing unless you're lucky enough to choose coins that will be alive and valuable by then.

Since the SEC has been asked to set a standard policy on how that will be done, which I assume will clearly state the type of crypto to be allowed, let's wait and watch what they will come up with. I won't be surprised if altcoins are listed first and Bitcoin follows as an alternative.

There is no way altcoins will come first it would surely be Bitcoin first, as it rightfully should be! These damn shitcoins. Honestly they will probably just open up every major ETF to the public that includes all the BTC options, ETH, maybe XRP and other stablecoins as well. I'm guessing there will come as a result of this mutual crypto funds that include a basket of cryptos and that type of thing. Sarson funds does this but they are more of only opened up to accredited investors, not retail stuff like most every day folks. This will surely drive up demand slightly, maybe not a ton but its an up tick for sure in the demand for the extremely limited BITCOIN