Oh, also, if it's a Roth, you don't pay taxes on asset appreciation.

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I appreciate both perspectives here. I want to save for retirement tax free using bitcoin and a bitcoin Roth IRA seems to enable this while maintaining custody. At the same time, I’m concerned that a hostile regulatory environment may lead to making my necessarily KYCed retirement funds illegal. Any thoughts about this possibility?

If you don't hold the keys you are just putting Bitcoin in bankers and government hands.

yeah hold your own keys, that part is not negotiable

Maybe by the time you need to retire they'll just change the minimum age to 80 🤷

they're doing that regardless of the asset I choose to invest in