Oddbean new post about | logout
 Maybe I was unclear. Buy bitcoin now to front run Blackrock. Once the ETFs are approved there will be a gold rush of institutional money. The family you mention will have to pay a much higher price. Your impact on the price is negligible (assuming you are not a billionaire lol). 
 they won’t buy until ETF, it’s not about censorship resistant money for them, they just want the tax benefit 
 Are you American? That's what bitcoin IRA products are for. Send them here https://welcome.swanbitcoin.com for the basics and here https://www.swanbitcoin.com/bitcoin-ira when they start to get it.

Swan is my employer but Unchained has a similar product, probably others. You can also go the DIY route and set up a self directed IRA manually. This has been possible since before the genesis block. https://blog.lopp.net/how-to-invest-in-bitcoin-within-a-tax-advantaged-retirement-account/

If they can get it done before ETF approval they should see massive gainz. It is obviously a risky strategy, must have conviction. 
 the ETF will be a few clicks on a computer and no need to understand anything about bitcoin 

“Whitepaper? nah, I’m good” 
 They say everybody gets their corn at the price they deserve. Good luck in the bull rush. ¯\_(ツ)_/¯ 
 Dear 2140 plebs, good luck