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    1. coinfeeds-bot on

      tldr; The U.S. Department of Labor has rescinded its 2022 guidance that discouraged fiduciaries from including cryptocurrency options in 401(k) plans. The previous guidance urged extreme caution, deviating from the department’s neutral approach to fiduciary investment decisions. By rolling back this directive, the department reaffirms its neutral stance, allowing fiduciaries to decide on cryptocurrency inclusion without interference from federal authorities.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. This is a disaster.

      A whole clown car of gen x morons losing their nest egg yoloing into $MELANIA

    3. Phew. Pegging the every day taxpayer’s future to the whims of a ponzi scheme…

      Once enough of society is bought into bitcoin someone somewhere can dump their holdings and crash the global economy instantly.

      The hope is that bitcoin will become the new „dollar standard“ for the world, but what will really happen is that they are funneling the global economic output into the hands of those who hold the most bitcoin.

      A crash, everyone panic sells, then they rebuy to tighten up the supply. Rinse, repeat.

      Every crash tightens the noose on those without disposable income, until only the rich hold any value, and no one else can afford anything.

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