#0021 - Fidelity To Offer Bitcoin In 401(k)s

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: Fidelity Investments Advances Leading Position as Digital Assets Provider With Launch of Industry's First-of-Its-Kind Bitcoin Offering for 401k Core Investment Lineup 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 If you want to talk and share ideas hit us on Twitter! Twitter: @NycAndGriffShow Watch on YouTube at: The Nyc & Griff Show 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.