Stefan Thomas Is Okay with the Recent Loss of His BTC Fortune | Live Bitcoin News
published: 3 days ago
Stefan Thomas cannot access his $250 million bitcoin fortune, but he appears to have made peace with his devastating situation.
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The idea of investing one’s retirement funds in crypto can be terribly tricky considering that digital assets are known for their volatility and for jumping up and down like rabbits during Easter. That, by itself, is something to be concerned about, but to put one’s retirement funds into crypto creates a whole other list of challenges. The idea that one’s retirement funds are based on crypto and can thus disappear relatively quickly under the “right circumstances” is a scary thought. Bitcoin IRA ultimately introduced a similar program to its customers and built its entire platform on the idea that retirement money could be based in bitcoin.