Here at The Nyc & Griff Show we like to talk about money, economics, business, investments...Bitcoin. Hoping to answer some questions and learn along the way.
Bitcoin - An economy by the people, for the people. Store of value, medium of exchange, unit of account, and property...what isn't it?
In this episode of The Nyc & Griff Show, Nyc reads the press release from Fidelity that reveals they will be rolling out the ability for employees to hold Bitcoin within their traditional 401(k). This is a rather larger domino to fall so soon. Who knew that you’d be able to hole Bitcoin in your 401(k) before we would have a spot Bitcoin ETF?!
The Press Release:
TimeCodes
0:00 - Intro
1:08 - Reading the article
4:18 - 30% want digital assets
6:04 - Digital Assets Account - How It Works
7:46 - Institutional grade security
10:17 - Fidelity leveraging blockchain technology
12:11 - About Fidelity Investments
13:00 - About Fidelity Digital Assets
14:49 - Final thoughts
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Content from The Nyc & Griff Show is not to be used as financial advice. It’s purely for educational purposes and is only our opinion and perspective.