Should Bitcoin Be in Your 401(k)? President Trump Is About to Make It a Possibility.
As if President Donald Trump's administration hasn't been supportive enough of the crypto sector, Trump recently signed an executive order that would let 401(k) accounts invest in alternative investments including real estate, cryptocurrencies, and private equity. This could prove to be a significant tailwind for crypto, particularly Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency. Should Bitcoin be in your 401(k)? Let's take a look.
Despite Bitcoin's meteoric rise during the past decade, the digital asset has not been as accessible as, say, a highly liquid blue-chip stock. That's due to a number of reasons ranging from skepticism about cryptocurrencies to regulations that made it difficult for mainstream financial institutions and investors to hold crypto.
Official White House Photo by Joyce N. Boghosian.
Source Fool.com
