LOS ANGELES — Bitcoin IRA, a bitcoin-based IRA and 401(k) investment plan has released its “Bitcoin Investor Guide.” The company’s goal with this guide is to “educate people about the benefits of digital currency based investments.”
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Bitcoin IRA Guide Helps People Invest in Cryptocurrency
The firm told press that it has received a lot of interest from the Bitcoin community, with many people opening accounts and investing bitcoin into retirement vehicles.
According to Bitcoin IRA, all of the company’s investment instruments comply with IRS regulations, and work the same way as other traditional IRAs.
“This is a pioneering investment option in the retirement industry,” said Chris Cline, Bitcoin IRA’s chief operating officer.
“For the first time ever,” he continued, “IRA owners can hold actual bitcoin in a private and anonymous securitized wallet.”
The company claimed that Bitcoin has a lower risk of collapse compared to other assets, given its growing status as a mainstream, global currency.
Bitcoin IRA also boasts having “some of the most reputed members of the financial community in its ranks.” The most prominent of these people is Ed Moy, chief strategist and advisor for the company. Moy formerly worked as director of the US Mint, and has been a special assistant to US president George W. Bush.
The firm recently reached a milestone of $500,000 USD processed investments. Bitcoin IRA celebrated this achievement by offering customers pure silver as rebates on new investments.
Bitcoin IRA expressed its enthusiasm about Bitcoin during this celebration, with Moy telling press, “Bitcoin is one of the most important currency innovations in decades.”
The “Bitcoin Investor Guide” is available for free as a digital download, and can be found here.
What do you think of bitcoin as a retirement investment? Let us know in the comments below.
Images courtesy of Bitcoin IRA.