boop39 on Nostr: The muddy legal wake of Prime Trust imploding should worry you if you keep Bitcoin in ...
The muddy legal wake of Prime Trust imploding should worry you if you keep Bitcoin in a self-directed IRA.
Even if you hold the keys in a multisig setup, how sure are you that the protections extended to securities will apply to your stack if the IRA firm goes belly-up? Will you be able to transfer to a new firm without tax penalties if the current one folds?
All that uncertainty paid for with high onboarding and maintenance fees. Hard pass.
Even if you hold the keys in a multisig setup, how sure are you that the protections extended to securities will apply to your stack if the IRA firm goes belly-up? Will you be able to transfer to a new firm without tax penalties if the current one folds?
All that uncertainty paid for with high onboarding and maintenance fees. Hard pass.