Trump Signs Order that allows Cryptocurrencies in 401(k)s
Will it be a boost for Bitcoin?
For those who do not know, this is about Trump wanting to allow crypto for retirement plans but basically ETFs only as far as I know. Will it be a boost for bitcoin? Price wise, yes. But it will not take a lot to realize that this might be benefitting a lot of these ETF companies a lot more than maybe crypto itself.
Also crypto and the aged retirees are in the same category when it comes to Bitcoin as a retirement savings as a lock who gains in the long runs, the ETFs companies gain from the immediate Price gains, while the retiree's themselves are exposed to the long term volatilities of Bitcoin value, because most time, long term doesn't really translate into profits if the market goes opposite their expectations.