Place/Date: Los Angeles, USA - September 16th, 2016 at 5:28 pm UTC · 3 min read
Contact: Bitcoin IRA is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only., Source: Bitcoin IRA
Bitcoin IRA, the only approved Bitcoin-based IRA and 401(k) investment plan provider is on a mission to educate people about the benefits of digital currency based investments, especially IRAs. As a part of this initiative, the company is now giving away free downloadable educational material in the form of a Bitcoin Investor Guide.
California based Bitcoin IRA has received a lot of interest from the Bitcoin community, the Bitcoin-based investment offering has already opened accounts worth over $500,000. The increased popularity of Bitcoin makes it an attractive asset class which enables Bitcoin IRA investors to invest in digital currency instead of other conventional asset classes like cash, gold, bonds and artwork. All investments and terms of the Bitcoin IRA scheme are in accordance with the IRS regulations, applicable for all types of IRAs.
“This is a pioneering investment option in the retirement industry. For the first time ever, IRA owners can hold actual bitcoin in a private and anonymous securitized wallet. This will pave the way for more alternative investments for years to come. We are thrilled to be a part of this moment in history,” says Chris Kline, the Chief Operating Officer at Bitcoin IRA.
With Bitcoin gaining mainstream status as a decentralized global currency, it has a lower risk of collapse compared to traditional investment assets. Bitcoin IRA investors will be in possession of actual Bitcoins in an IRA-designed security wallet instead of a digital currency derivative. This ensures the security of their investments with a possibility of attractive returns.
Bitcoin IRA has some of the most reputed members of the financial community in its ranks. Among them, the most prominent one is Ed Moy, who is the Chief Strategist and Advisor for Bitcoin IRA. Moy is the former director of US Mint and he has also served as a Special Assistant to the former President of the United States, George W Bush. He was also the first person to invest in Bitcoin IRA’s offering.
The Bitcoin IRA’s Bitcoin Investment Guide will help to clear any misconceptions associated with Bitcoin as an investment vehicle.
About Bitcoin IRA
Bitcoin IRA is the only Bitcoin-based retirement investment portfolio that allows people to invest Bitcoin directly into an IRA or 401(k). The investment options offered by Bitcoin IRA are approved by IRS. The platform constantly works with leading fintech professionals to provide secure, high-quality Bitcoin investments.
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