Crypto 401(k): Sound financial planning or gambling with the future?
Cryptocurrencies may be coming to Americans’ retirement plans. Some see it as a sound financial strategy, while others remain skeptical. In April, United States-based retirement plan provider Fidelity Investments moved to allow 401(k) retirement savings account holders to invest directly in Bitcoin (BTC), the flagship cryptocurrency, making crypto a potential part of one’s savings for the future.A 401(k) is a retirement savings plan offered by many U.S. employers that give the saver tax advantages and allow for several different investment options. Fidelity’s move will make it easier for....
Related News
Although gambling is a big industry, online gambling is still not as significant as it could be. Its proportion of the gambling industry currently hovers around 10%. However, over the last few years, online gambling have emerged as a popular choice among people. According to H2 Gambling Capital, the online gambling market in terms of gross winnings, has a global market value of €21.73bn ($28.54bn) in 2012. Interestingly, since the emergence of Bitcoin, the total value of online gambling is expected to increase multifold. It’s also true that gambling with Bitcoin only accounts for a tiny....
Though gambling is big business, online gambling is still not as significant as it could be. Its proportion hovers around 10% currently. However, over the last a couple of years, online gambling have emerged as a popular choice among people – this has been approved as well by research company H2 Gambling Capital. According to the organization, the online gambling market in terms of gross winnings, put the global market value at €21.73bn ($28.54bn) in 2012. Interestingly, since the emergence of Bitcoin, the total value of online gambling is expected to increase multifold. It’s also true....
Bitcoin flips the financial planning paradigm on its head by creating an alternative means of securely and safely storing value in a currency.
As many areas around cryptocurrencies have grown, crypto gambling has become more popular. Now, you can choose from numerous sites offering casino games and sports betting with this digital money. Crypto casinos offer a similar game selection as FIAT casinos. Plus, you can take advantage of unique features, bonuses, and original games. There are several reasons to venture into crypto gambling sites. Stablecoins Gambling Have you invested in bitcoin a long time ago? Then, you’re probably familiar with the high price volatility of crypto markets. Gambling with cryptocurrencies? The....
Ever since Bitcoin came to be, cryptos have been on a steady rise. Even the market crash couldn’t let the air out of Bitcoin’s lungs, and as prices drop, interest in the space is still high. So what does this mean for gambling? Simply put, it means that gambling with Bitcoin is here to stay. […]