One of the world’s hottest assets is also the newest way to invest for retirement. But it carries the most old-fashioned risk of all: losing buckets of money in the blink of an eye.
Since last June, Bitcoin IRA, a firm based in Sherman Oaks, Calif., has been offering individual retirement accounts that can provide direct ownership interests in bitcoin, the cryptocurrency. The firm’s timing couldn’t be better: Bitcoin’s market value shot up 123% in 2016, and it nearly hit a record less than two weeks ago. Had you put $5,000…
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