Trump's 401(k) order offers retirement savers crypto and private assets

newwurldmn · Aug 10, 2025 at 9:44 PM

engineering said:
Hell I don't even support crypto, but even I can see the ridiculous self-serving nature of this statement. "Don't you dare put your money with anyone but us, that could mean risk!!". Meanwhile, this the same industry that let Corzine have another hedge fund after blowing up his old one and "misplacing" an ungodly amount of customer assets.

Reuters is trash. It's always pushing a viewpoint.

Do I think you should put your 401k in Bitcoin? No. But "You're too stupid to manage you own money and we're the only people you can trust.". Is about the worst possible argument. That sounds like someone that is WAY too comfortable in their current position, to the point that they're not even nothing to make an actual dollars and cents pitch for why their product is better.

Most 401k plans are already loaded up with shitty high fee underperforming investment options. Sure, there's risks associated but it's also a risk doing business with some giant wall street firm that has a million ways to chip away at your capital in ways that are also secret hidden "fees". Payment for order flow anyone?
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corzine didn’t blow up a hedgefund. He blew up a futures broker dealer. That’s even worse.

S2007S · Aug 10, 2025 at 9:46 PM

Will be epic when crypto falls 50% plus and all assets start to freeze up. This will be just beautiful!!!

Can't wait for the masses to start buying all these magical coins that 98% of people are clueless about !!!!!

LW_Millions · Aug 10, 2025 at 10:31 PM

Who cares. Let people gamble and make their own decisions. It's the free market, capitalism and survival of the fittest, dumbest.

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Trump's 401(k) order offers retirement savers crypto and private assets

newwurldmn

S2007S

LW_Millions