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.