The biggest issue is the taxes. A 529 is tax free gains. Bitcoin is not.
Discussion
Not yet!
True, but how liquid is the 529 if plans change and kid doesn’t attend college, or if an emergency arises and the funds are needed elsewhere? I’m not familiar with 529s but usually if the government is involved in the money, the less freedom. Also, I’d like to think that the bitcoin would yield more value, even with long term capital gains tax.
It is perfectly liquid. Not sure what you mean?
Much like a 401k or it's, you are free to withdraw any time you want. There will be tax consequences and penalties however. You can also change the beneficiary to someone else like a grandchild if you wish.
You could be very right on Bitcoin outperforming, even with cap against.
